WEST HAVEN, CONNECTICUT -- Wednesday, July 23, 2014 -- NanoViricides, Inc. (NYSE MKT: NNVC) reports that its President, Dr. Anil Diwan, was invited to participate in the 29th Annual Chief Executive of the Year Gala Reception & Dinner held at the New York Stock Exchange on Thursday, July 17, 2014. In addition, he was also invited to participate in the CEO Roundtable Discussion, on the topic of "Enhancing CEO Effectiveness by Redefining the Role of the CFO", which was held prior to the Reception, from 4pm to 5:50pm.
The "CEO Roundtable Discussion" was moderated by Mr. J.P. Donlon, Editor-in-Chief, Chief Executive Magazine, with Ms. Arleen Thomas, Senior Vice President, AICPA, serving as an Expert Advisor. Participants included Fortune 500 Chief Executives, led by Mr. David Cote, CEO of Honeywell, Inc., and peers drawn from successful businesses representing industry segments from Manufacturing, Services, Technology, Operations, to Biopharma and Healthcare.
Dr. Diwan discussed the special skills that the CFO of a typical pre-revenue Biotech/Biopharma Company needs to possess. He commented that the CFO of such a company needs to develop particular expertise in strategies and tactics to be employed in an R&D-intensive setting, keeping in mind that not all of the R&D pays off, and that not all of the R&D has a specific project allocability. In this situation, the role of the CFO needs to be to help the CEO and the President with the assessment of the impact of various R&D strategies and financing requirements, taken together, on generating long term success for the Company, and thereby generating long term value for the investors.
Mr. Bob Iger, Chairman and CEO of the Walt Disney Company, was named the "2014 CEO of the Year" by the Chief Executive Magazine, and felicitated at an invitation-only Gala Reception and Dinner event hosted by NYSE Euronext and the Chief Executive Group at the New York Stock Exchange on July 17, 2014. CEO of the Year is an honor bestowed upon an outstanding corporate leader, nominated and selected by a group of CEO peers (http://www.marketwatch.com/story/bob-iger-chairman-and-ceo-the-walt-disney-company-is-named-2014-ceo-of-the-year-by-chief-executive-magazine-2014-07-14).
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Chief Executive Group produces Chief Executive magazine (published since 1977), and chiefexecutive.net, including e-newsletters and online content, as well as conferences and roundtables that enable top corporate officers to discuss key subjects and share their experiences within a community of peers. The Group also facilitates the annual "CEO of the Year," a prestigious honor bestowed upon an outstanding corporate leader, nominated and selected by a group of peers. Visit www.chiefexecutive.net for more information.
FDA refers to US Food and Drug Administration. EMA refers to the European Union’s office of European Medical Agency.