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Virtual Roundtable – May 12, 2021

Add to Calendar 20210512T133000Z 20210512T170000Z America/New York NAW Billion Dollar CLO Virtual Roundtable, Spring 2021
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We are currently in the process of finalizing our virtual Spring 2021 program. Please check back for updates. Please contact Tara Mostatab at if you have any questions.

Daniel (Dan) Lett, General Counsel for Bunzl Distribution USA, talks with Adam Isenberg, NAW Vice President – Corporate Relations, about the value of participating in the semi-annual NAW Billion Dollar Chief Legal Officer (CLO) Roundtable.

The NAW Billion Dollar Company Chief Legal Officer Roundtable for direct members was created as a new mechanism for the Chief Legal Officers of large distribution enterprises to network with non-competing peers in multiple lines of trade on key finance issues.

Similar to other billion dollar roundtables NAW has created for the CIO, CFO, Operations, and CHRO, this by invitation only roundtable is composed of executives from billion dollar companies that meet in Chicago two times per year. This highly interactive group consists of the SENIOR-MOST legal executives. The annual fee is $1,800 per member, which covers meeting costs of four events in a twelve month cycle. Participants are expected to cover the cost of their hotel and travel. Once the annual fee is paid, there are no additional fees to attend the meetings, which will last one day beginning with a reception and dinner the evening before.

The participating companies can also name an alternate who can take the place of the Legal Executive, should that person be unable to attend the scheduled meeting.

If you would like to learn more, please contact Tara Mostatab at 202.263.4080 or

Eligibility: Companies with $1B+ in annual revenue.
The NAW Billion Dollar Roundtable is the only opportunity that provides networking and benchmarking exclusively with other top executives of non competing, like-sized Wholesale-Distribution companies.

NAW Billion Dollar Company Virtual CLO Roundtable Agenda

Virtual Roundtable - May 12, 2021

1:30 PM – 1:40 PM

1:40 PM – 2:20 PM
Opening Session & Discussion

California Proposition 24: The new rules for consumer privacy

In November of 2020, Californians voted to support Proposition 24. With increased technology, concerns that powerful interests knew too much about users, and weren’t transparent on how that data was being used, led to this legislation being on the ballot last Fall. Prop 24 establishes a new law that will make it easier in some circumstances for people to opt-out of having their data collected.  At this session, we’ll cover:

  • which states are passing similar legislation
  • how likely is it that there will be similar federal legislation passed under the Biden Administration?
  • how the new privacy laws will impact your business
  • what actions you’ll need to take now in order to comply with Prop 24

2:20 PM – 2:30 PM

2:30 PM – 3:10 PM
General Session & Discussion

California’s Third Way – Proposition 22 and its Implications for Preserving Independent Contractor Status for Drivers and other Workers

Robert “Bob” Roginson, Managing Shareholder, Ogletree Deakins

In 2020, California voters approved Prop 22, which was sponsored by Uber, Lyft, DoorDash and other app-based driver and delivery companies.  Prop 22 preserved the independent contractor status of app-based drivers operating in California.  In addition, Prop 22 enacted labor and wage policies that are specific to app-based drivers and companies, including a guaranteed earning floor, hours worked restrictions, health care subsidies, work-related injury insurance, and other benefits.

We will discuss:

  • The features and obligations of Prop 22 as a third type of worker, beyond independent contractor or employee;
  • What type of company and worker does Prop 22 apply to and can it apply to the warehouse and logistics industry?
  • What does Prop 22 mean for the future of the worker in California and will it change the direction of the warehouse and logistics industry?


Robert Roginson is the Managing Shareholder of the Los Angeles Office and Chair of the Firm’s Trucking and Logistics Industry Group. His practice focuses on all aspects of California and federal wage and hour and pay practice counseling and class action defense.

Mr. Roginson represents employers in administrative agency investigations and state and federal class action litigation. Mr. Roginson has defended dozens of employers, motor carriers, and other companies in class actions and PAGA lawsuits involving a variety of allegations, including worker misclassification, meal and rest period violations, reimbursement claims, off-the-clock claims, and record keeping violations. He also counsels employers and companies on California and federal wage and hour and pay practice laws, federal preemption matters, prevailing wage laws, project labor agreements (PLAs), labor relations and union matters. Mr. Roginson is regarded by clients as a trusted strategic advisor focused on developing effective and practical solutions to complex legal employment challenges. He is adept at developing compliant policies and practices to avoid and minimize litigation.

3:10 PM – 3:20 PM

3:20 PM – 4:00 PM
Closing Session & Discussion

Best Practices for Vendor Contracts

Michael Burg, CPCU, Area President – Wisconsin, Gallagher

Vendor contracts need to be clear, complete, and mutually beneficial. It’s important that appropriate language is incorporated throughout to ensure that your interests are reflected in the contract. At this session, you’ll leave knowing which provisions in a vendor contract you’ll want to take a close look at it. Examples are:

  • Additional insured
  • Product liability
  • Term and Termination
  • Pricing
  • Data Privacy


Michael Burg joined Arthur J. Gallagher in 2005 after graduating from the Risk Management and Insurance program at the University of Wisconsin-Madison. He focuses on serving clients with complex risk management and insurance needs with a particular focus on clients who retain risk through deductibles, self-insurance, and captive insurance solutions. Michael was awarded the Power Broker award by Risk and Insurance in 2015 based upon his work on behalf of a large foundry client.

4:00 PM – 5:00 PM
Open Discussion
Our agenda includes an open discussion where you can raise any issue you would like and have the group provide their thoughts. Please come prepared with two questions or issues you are trying to solve that you would like to ask your peers. You will have the chance to go “around the screen” during the roundtable and ask your specific question (or two) to your CLO peers.

5:00 PM

Wholesale distribution companies participating in the Fall 2021 Billion Dollar CLO Virtual Roundtable:

  • A B C Supply Co Inc
  • A D I
  • Grainger Inc

NAW Billion Dollar CLO Roundtable Members and/or Participants of 2020 Roundtables

  • ABC Supply Co Inc.
  • Brenntag
  • Bunzl Distribution USA Inc
  • City Electric Supply
  • Core & Main
  • Do It Best
  • Dot Foods Inc
  • Grainger
  • Graybar Electric Co Inc
  • McLane
  • MRC Global
  • MSC Industrial
  • PetroChoice
  • Republic National Distributing Co Inc
  • SanMar Corp
  • Smith Drug Co/Div JM Smith Corp
  • Sonepar USA
  • SRS Distribution
  • True Value
  • Uline
  • Wilbur-Ellis

The following wholesale distribution companies have attended previous NAW Billion Dollar CLO Roundtables:

  • ABC Supply Co Inc.
  • ADI Global
  • Avnet
  • Ben E. Keith
  • Boise Cascade
  • Border States Electric Supply
  • Brenntag
  • Bunzl Distribution USA
  • Consolidated Electrical Distributors Inc.
  • Core & Main
  • Do It Best
  • Dot Foods
  • Essendant
  • Ferguson Enterprises
  • Grainger
  • Gordon Food Service
  • Grainger
  • Graybar
  • McLane Co Inc
  • MRC Global
  • MSC
  • Patterson Companies
  • PetroChoice
  • Pool Corp.
  • PrimeSource
  • ProBuild
  • Rexel
  • SRS Distribution
  • Sysco
  • True Value Company
  • Uline
  • United Stationers Inc.
  • US LBM Holdings

The Billion Dollar CLO Virtual Roundtable will take place via Zoom Meetings. Once registered, you will receive the Zoom meeting information.