Bob Moritz Selected Global Chairman of PwC

Bob Moritz Selected Global Chairman of PwC

ID: 455464

(Thomson Reuters ONE) -


NEW YORK and LONDON, March 06, 2016 (GLOBE NEWSWIRE) -- The
PricewaterhouseCoopers International Network has selected Robert E. Moritz as
its new chairman for a four-year term beginning on July 1, 2016.

A photo accompanying this announcement is available
at http://www.globenewswire.com/NewsRoom/AttachmentNg/64b972c0-
871b-4a48-971c-9b50977e4786

Since 2009, Mr. Moritz has led PwC US as its chairman and senior partner. During
his tenure, the US firm focused on increasing quality service and enhancing its
brand and reputation by developing and retaining key talent and expanding its
capabilities across all areas of the business.

Mr. Moritz has been with PwC his entire career, joining in 1985 and becoming a
partner in 1995. His background is in Assurance, primarily serving financial
services companies. During his career he spent three years with PwC Japan, where
he provided audit and advisory services to numerous European and US-based
financial services organisations operating in Japan and across Asia. Mr. Moritz
has held a number of leadership roles within PwC, including leading the US
Assurance practice as well as serving as the managing partner for the New York
region.

He recently completed two terms as the chairman of the Governing Board for the
Center for Audit Quality, a non-partisan and non-profit group dedicated to
enhancing investor confidence and public trust in the global capital markets. In
addition to the Center for Audit Quality, Mr. Moritz is involved with a number
of boards, including the Oswego College Foundation, the Conference Board, the
Atlantic Council, and the Partnership for New York City.

"Bob brings a strong sense of purpose, strategic leadership and business
insight. His clear focus on all stakeholders is critical to the successful
future of our worldwide network," said John G. Maxwell, chairman of PwC's Global




Board. "During his tenure in the US, Bob's outspoken support of work-life
flexibility for the firm's people, the importance of diversity on his own team,
and the significant investments he has overseen in new and cutting edge
technologies make him the ideal forward-looking leader to navigate the global
economy and bring our best ideas and solutions to clients."

Mr. Moritz succeeds Dennis Nally, the current PwC global chairman, who will
retire this June after a 42-year career with PwC. Mr. Nally served two terms in
this position during a time of considerable growth and expansion, including the
2014 acquisition of consulting firm Booz & Company.

"I would like to thank Dennis for his commitment and very successful leadership
of the PwC network over the last seven years. He has not only been an excellent
ambassador for PwC, but a challenging voice to business on the issues of
diversity, purpose and our understanding of the megatrends reshaping the global
economic landscape," added Mr. Maxwell.

Mr. Moritz's successor as chairman of PwC US will be announced later this year,
following an election process.

Notes

At PwC, our purpose is to build trust in society and solve important problems.
We're a network of firms in 157 countries with more than 208,000 people who are
committed to delivering quality in assurance, advisory and tax services. Find
out more and tell us what matters to you by visiting us at www.pwc.com.

PwC refers to the PwC network and/or one or more of its member firms, each of
which is a separate legal entity. Please see www.pwc.com/structure for further
details.

© 2016 PwC. All rights reserved.

Contact
Mike Davies, PwC
Tel:  +44 (0) 20 7804 2378
e-mail:  mike.davies(at)uk.pwc.com

Caroline Nolan, PwC
Tel:  +1 (202) 258-1946
e-mail:   caroline.s.nolan(at)us.pwc.com






This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: PwC via GlobeNewswire
[HUG#1992137]




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Datum: 07.03.2016 - 01:01 Uhr
Sprache: Deutsch
News-ID 455464
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