Finance executives from America's largest retailers last week met as part of RILA's annual Financial Leaders Council meeting.
RILA's President, Sandy Kennedy, hosted a meeting of senior financial executives from L Brands, Dollar General, AutoZone, Cabela's, JCPenney, Kohl's, Lowe's, Petco, REI, Target, The Home Depot, Ulta, and Walmart. The group focused on several issues including tax and accounting, innovation and public policy and engaged in robust roundtable benchmarking on emerging issues.
Dave Koenig, RILA's Vice President Tax, presented on proposed corporate tax reform legislation, including RILA's lobbying efforts in response to a proposed Border Adjustment Tax.
Retailers received updates on the Securities Exchange Commission and the Public Company Accounting Oversight Board and insights into initiatives under the new Administration with executives from Ernst and Young.
Adam Siegel, RILA's Senior Vice President Innovation, Research and Sustainability, presented on RILA's recently launched innovation initiative, (R)Tech Center for Innovation, which supports and encourages innovation across all aspects of the retail industry. Mark Johnson, Senior Manager, Tax Technology and Data Analytics of Ernst and Young, highlighted trends in the use of robotics and artificial intelligence in retail operations.
For more information on RILA's Financial Leaders Council, please contact Kathleen McGuigan at email@example.com.