News releases from 2012

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December 2012


Axia Value Chain joins EY
São Paulo, 18 December 2012
As companies look to enhance their supply chain capabilities in rapidly changing markets, EY announced today that Axia Value Chain, a leading management consulting firm, has joined EY.

Property-Casualty Insurers Continue their Quest for Growth and Underwriting Profitability in 2013, According to EY
New York, 18 December 2012
In spite of the uncertain economic environment and limited investment income opportunities, property-casualty insurers will be able to pursue growth opportunities in 2013 through acquisitions, international global expansion and product solutions that target new insurable risks and coverage, predicts EY in its Global Insurance Center U.S. Property-Casualty Outlook.

U.S. IPO Calendar is Light for Q4, Yet Strong Earnings Reports Elevate IPO Performance
New York, 11 December 2012
A recent string of strong earnings reports could add a few deals to the pipeline before the end of 2012.  However, with only one effective IPO so far this month, the largest commercial REIT in history being acquired, and five companies withdrawing their offerings in late November, December is on track to have its slowest month since 2008, according to EY’s U.S. IPO Pipeline Analysis.

Life insurers rethink strategies for sustainable growth in the competitive, prevailing economic environment, says EY
New York, 10 December 2012
Demographic, macroeconomic and regulatory pressures will continue to transform life insurers' strategies, products and services in 2013, according to EY’s new Global Insurance Center US Outlook.

Women are joining US corporate boards at an increasing rate: 40% of current female directors joined their boards in the last five years
New York, 10 December 2012
Ernst & Young LLP’s new report discusses the progress made to increase gender diversity on US corporate boards, the qualifications of and board positions held by women directors, and the impact of diversity on board performance.

Ernst & Young LLP bolsters Fraud Investigation & Dispute Services with new hires and promotions
New York, 5 December 2012
Ernst & Young LLP today announced a number of new hires, promotions and leadership changes in its Fraud Investigation & Dispute Services (FIDS) practice.

Ernst & Young LLP Says 2013 Deal Activity Will Remain Near 10-Year Low
New York, 5 December 2012
US deal flow is likely to remain tempered in 2013 with activity remaining at or near a 10-year low. Ernst & Young LLP’s Transaction Advisory Services says macroeconomic ambiguity combined with a continued corporate focus on lower risk, organic growth opportunities and smaller, strategic deals will define deal-making in 2013.

EY’s Americas Corporate Responsibility Fellows help Latin American entrepreneurs
New York, 4 December 2012
CR Fellows return from seven-week skills-based volunteering program

Rollie Quinn named new leader of Ernst & Young LLP’s Federal Practice
Washington DC, 3 December 2012
Ernst & Young LLP announced today that Rollie Quinn has joined the firm as the Federal Practice Leader. Quinn will be based in Greater Washington, and will have responsibility for the Federal team's go-to-market efforts across all service lines.

 

November 2012


Going Green: Magnus International Group Founder Eric Lofquist Named EY National Entrepreneur Of The Year® 2012 Distribution and Manufacturing Category Award Winner
Independence, OH, 17 November 2012
Eric Lofquist, Founder of Magnus International Group, has been named the EY National Entrepreneur Of The Year® 2012 Distribution and Manufacturing Category Award winner.

Changing the Face of Healthcare Delivery and Cost Through Preventative Care: Health Diagnostics Laboratory, Inc. Tonya Mallory Named EY National Entrepreneur Of The Year® 2012 Emerging Category Award winner
Richmond, VA, 17 November, 2012
Tonya Mallory, President, CEO and Co-founder of Health Diagnostic Laboratory, Inc., has been named the EY National Entrepreneur Of The Year® 2012 Emerging Category Award winner.

Pioneer of Environmental Sustainability in the Hydraulic Fracturing Sand Industry: Michael G. O’Neill, Founder and CEO of Preferred Sands, Named EY National Entrepreneur Of The Year® 2012 Energy, Cleantech and Natural Resources Category Award winner
Radnor, PA, 17 November 2012
Michael G. O’Neill, Founder and CEO of Preferred Sands, has been named the EY National Entrepreneur Of The Year® 2012 Energy, Cleantech and Natural Resources Category Award winner.

Pioneer of Fixed Income Electronic Trading: MarketAxess Founder Richard McVey Named EY National Entrepreneur Of The Year® 2012 Financial Services Award Winner
New York, NY, 17 November 2012
Richard McVey, Founder of MarketAxess, has been named the EY National Entrepreneur Of The Year® 2012 Financial Services Award winner.

Creator of Non-Invasive Patient Monitoring Devices: Masimo Corporation Founder and CEO Joe Kiani Named EY National Entrepreneur Of The Year® 2012 Life Sciences Award Winner
Irvine, CA, 17 November 2012
Joe Kiani, founder, CEO and Chairman of the Board of Massimo Corporation, has been named the EY National Entrepreneur Of The Year® 2012 Life Sciences Award Winner.

Building Value, not Empires: Mike Fries, CEO of Liberty Global, named EY National Entrepreneur Of The Year® 2012 Media, Entertainment and Communications Category Winner
New York, NY, 17 November 2012
Mike Fries, CEO of Liberty Global, was named the EY National Entrepreneur Of The Year® 2012 Media, Entertainment and Communications Category Award winner.

Nothing But Good: Chobani Founder Hamdi Ulukaya Named EY National Entrepreneur Of The Year® 2012 Overall Award Winner
Norwich, NY, 17 November 2012
Hamdi Ulukaya, Founder of Chobani, has been named the EY National Entrepreneur Of The Year® 2012 Overall Award winner.

Scaling Up: Mobilitie Founder Gary Jabara Named EY National Entrepreneur Of The Year® 2012 Real Estate, Construction and Lodging Category Award Winner
Newport Beach, CA, 17 November 2012
Gary Jabara, Founder, President and CEO of Mobilitie, LLC, has been named the EY National Entrepreneur Of The Year® 2012 Real Estate, Construction and Lodging Category Award winner.

Nothing But Good: Chobani Founder Hamdi Ulukaya Named EY National Entrepreneur Of The Year® 2012 Retail and Consumer Products Award Winner and Overall Award Winner
Norwich, NY, 17 November 2012
Hamdi Ulukaya, Founder of Chobani, has been named the EY National Entrepreneur Of The Year® 2012 Retail and Consumer Products Award winner.

Pioneer of the World’s Largest Vacation Rental Marketplace: HomeAway Co-founder and CEO Brian Sharples Named EY National Entrepreneur Of The Year® 2012 Services Award Winner
Austin, TX, 17 November, 2012
Brian Sharples, Co-founder and CEO of HomeAway, has been named the EY National Entrepreneur Of The Year® 2012 Services Award winner.

Leader in Interactive Entertainment: Michael Morhaime, President, CEO and Co-founder of Blizzard Entertainment, Inc., named EY National Entrepreneur Of The Year® 2012 Technology Category Award Winner
Irvine, CA, 17 November 2012
Michael Morhaime, President, CEO and Co-founder of Blizzard Entertainment, Inc., has been named the EY National Entrepreneur Of The Year® 2012 Technology Award winner.

Entrepreneurial leaders from KAYAK, MedExpress Urgent Care and SKYDEX Technologies Inc. receive EY’s 2012 Venture Capital Award of Excellence
Palm Springs, CA, 17 November 2012
Three entrepreneurial leaders from KAYAK, MedExpress Urgent Care and SKYDEX Technologies Inc. received the EY Venture Capital Award of Excellence on Saturday, November 17, at EY ’s 2012 Strategic Growth Forum® in Palm Springs, CA. Square 1 Bank co-sponsored the awards.

Building on a Legacy: Vinita Gupta, CEO of Lupin Pharmaceuticals, Inc., Named EY U.S. 2012 Family Business Award of Excellence winner
New York, 15 November 2012
Vinita Gupta, CEO of Lupin Pharmaceuticals, Inc., was named the inaugural EY U.S. 2012 Family Business Award of Excellence winner today at Ernst & Young LLP’s 2012 Strategic Growth Forum in Palm Springs, CA.

Defying Gravity: High-Growth Entrepreneurs Buck the Macroeconomic Factors Challenging Other Companies
New York, 15 November 2012
2012 EY Entrepreneur Of The Year Companies, which together employ more than 700,000 people, achieved 30 percent job growth and 48 percent revenue growth, dramatically outpacing firms on the S&P Index.

EY Tax Guide 2013 now available in e-book formats
New York, 15 November 2012
Just in time for year-end planning, The EY Tax Guide 2013 is now available for ordering online and in e-book formats with all major book retailers – a first for the 28-year-old staple of tax preparation.

Ernst & Young LLP honors 11 national winners of 2012 Entrepreneurial Winning WomenTM Program
New York, 14 November 2012
At its annual EY Strategic Growth Forum® in Palm Springs, Ernst & Young LLP honored the 11 winners of its 2012 Entrepreneurial Winning Women program.

Ernst & Young LLP achieves 100% rating on Human Rights Campaign’s Corporate Equality Index for the eighth consecutive time
New York, 14 November 2012
Firm ranks among “Best Places to Work for LGBT Equality”

EY recognized as one of the 25 World’s Best Multinational Workplaces by Great Place to Work®
New York, 14 November 2012
EY Ranked 12th, the only ‘Big Four’ employer on list

Nevada, Massachusetts, California renewable energy markets attract investment in 2012
New York, 12 November 2012
State energy markets poised for more growth under second Obama administration

Ernst & Young LLP adds Fraud Investigation & Dispute Services partner in Dallas
Dallas, 8 November 2012
Ernst & Young LLP today announced that Elizabeth (Beth) Junell has joined the Fraud Investigation & Dispute Services (FIDS) practice as a partner in Dallas.

Unprecedented demand for CFOs to serve on corporate boards
New York, 6 November 2012
The demand for CFOs on corporate boards is undergoing an unprecedented rise driven by regulation, difficult economic conditions and the CFOs’ broadening skill set, according to a new EY study, CFO and beyond: the possibilities and pathways outside finance.

Perceived benefits of hedge fund regulation deteriorates among investors, according to latest EY global hedge fund survey
New York, 5 November 2012
Despite increasing regulatory requirements for hedge funds, only 10% of investors feel that regulations effectively protect their interests, and 85% of investors do not believe these requirements will help prevent the next financial crisis, according to EY’s sixth annual survey of the global hedge fund market, Finding Common Ground.

 

October 2012


Ad-hoc information security solutions no longer an option, as companies struggle to keep pace with today’s threats
London, 29 October 2012
Organizations need to fundamentally shift their approach to information security in order to meet the threats presented by existing and emerging technologies according to EY’s Global Information Security Survey 2012 report released today.

Ernst & Young LLP announces 11 national winners of 2012 Entrepreneurial Winning WomenTM Program
New York, 24 October 2012
Program winners defy the odds and spur dramatic company and job growth in women-owned businesses

EY report: risk-informed investment strategy critical to addressing aging pipelines and other critical assets
New York, 23 October 2012
Power and utility companies should prioritize investment in aging pipelines and other critical assets using a risk-based assessment that considers the relative likelihood and consequence of catastrophic failure, according to a new report released today by Ernst & Young LLP.

Natural gas liquids’ profitability weakens amid rising US supply
Houston, 22 October 2012
Prices for natural gas liquids, or NGLs, have dropped precipitously this year amid growing supplies, weakening the profitability of a key driver of the US shale development. Extracting NGLs, such as ethane, propane and butane, is still more attractive than producing dry natural gas, but it’s not as robust as it was nine months ago, according to EY’s Oil & Gas Center’s quarterly analysis.

EY Foundation’s 2012 Tax Educators’ Symposium Begins with Post-Election Policy and Legislative Signposts for Year-End Changes
Washington, DC, 17 October 2012
As election results near and the fiscal cliff gets closer, the annual Ernst & Young LLP Tax Educators’ Symposium features a tax legislative and tax reform update to its more than 100 attending tax professors from universities around the country.

Ernst and Young LLPs Leslie Blair recognized for leadership by Consulting Magazine
New York, 12 October 2012
Ernst & Young LLP announced that Leslie Brown Blair, West Sub-Area Advisory Managing Partner, has been named a winner of a 2012 Consulting magazine’s “Women Leaders in Consulting” award. Blair was selected for a Leadership award for her pioneering role in building Ernst & Young LLP’s West Sub-Area consulting practice and exceeding the area’s growth, sales and retention goals.

DiversityInc Names EY Top Company for Global Cultural Competence
New York, 12 October 2012
DiversityInc recognized the global EY organization as the Top Company for Global Cultural Competence at an awards dinner yesterday evening, concluding the first of its two-day event series in New York City titled Diversity-Management Best Practices From the Best of the Best.

Park Square, EY And Wilmerhale Release 13th Annual Tech And Life Sciences Compensation And Entrepreneurship Study
Boston, 11 October 2012 
According to an executive compensation study of private businesses released today, non-founder C-suite executives at technology companies saw their cash compensation increase by 4.8 percent year-over-year, while comparable executives at private life sciences firms experienced an average increase of 3.5 percent.

EY to co-host new symposium focused on the revolution in product reimbursement strategies in health care
Philadelphia, 10 October 2012
EY today announced that it will be co-hosting the first annual Real Endpoints Symposium, which will bring together senior executives from leading life sciences companies, payers, providers, and policy makers to discuss new solutions and innovative strategies to address the rapidly changing reimbursement environment in healthcare.

Ernst & Young LLP Announces Newest Tax Hires
New York, 10 October 2012
Ernst & Young LLP today announced that David Damron, Marc Detampel, Bobby Stover, Jennifer Williams and Michelle Zahler have joined the firm as partners, along with Wes Cornwell and Matthew Stevens as principals and John Hauser, Jane Malecki and Russell Sanders as executive directors.

Lower Economic Confidence Clouds Deal-making Outlook
New York, 8 October 2012
Waning global economic confidence has dealt mergers & acquisitions (M&A) activity another blow as boardrooms and CEOs are hunkered down in the United States (US), according to EY’s latest Capital Confidence Barometer, based on a survey of more than 1,500 senior executives in 41 countries around the world.

Ernst & Young LLP survey finds signs of US-targeted corporate investment and growth
New York, 4 October 2012
Despite globalization, the need for tax reform, the upcoming election and economic uncertainty leading up to the proverbial fiscal cliff, corporate tax professionals foresee strong potential for US investment and growth in 2013.

Environmental and social topics lead shareholder proposal submissions in 2012 proxy season
New York, 3 October 2012
Ernst & Young LLP released a new report showing environmental and social proposals continued to lead all other categories in the 2012 proxy season, representing more than 40% of all shareholder proposals submitted.

Global medtech industry delivering strong returns despite economic conditions
Boston, 2 October 2012
Publicly traded medtech companies in the US and Europe defied the dampened growth environment of the global economy and turned in another solid performance in 2011, with revenue growth outpacing 2010 rates while delivering a third consecutive year of double-digit net income growth.

 

September 2012


U.S. Q3 Pipeline Slows Yet Recent Activity and Positive Post IPO Returns Indicate Healthy Signs for Fall
New York, 24 September 2012
According to EY's U.S. IPO Pipeline Analysis, despite a slower quarter from Q2, the IPO market in Q3 2012 was stronger than it was in Q3 2011 with 21 and 16 effective IPOs respectively excluding REITs, closed-end funds, SPAC and OTC issues.

Ernst and Young LLP ranks among the top 10 companies for working mothers for 7th straight year.
New York, 18 September 2012
Ernst & Young LLP has ranked in the top 10 on Working Mother's 2012 Working Mother 100 Best Companies list, marking the firm's seventh year in the top 10 and its 16th appearance on the list. Last year, Ernst & Young LLP was also inducted into Working Mother magazine's Hall of Fame, demonstrating the firm's continued commitment to women's advancement and showcasing its programs and policies that benefit working parents.

Ernst & Young LLP busy tabulating ballots for 64th Annual Primetime Emmy Awards
Los Angeles, 17 September 2012
Ernst & Young LLP is tabulating the thousands of Primetime Emmy® Award ballots that will determine the winners of the 64th Primetime Emmy® Awards.

Opportunity and optimism: global media and entertainment CEOs see digital media as a significant driver of future growth
Los Angeles, 12 September 2012
Global media and entertainment CEOs are optimistic about the digital future and expect digital revenue will be a rapidly increasing percentage of overall revenue for companies, according to EY's latest CEO study Opportunity and optimism: How CEOs are embracing digital growth released today.

Ernst & Young LLP health care report explores collaboration as key to a patient-centric system
New York, 12 September 2012
As the US health care industry continues its transformation to a patient-centric system, health care providers face a new imperative to collaborate with other entities to deliver quality care and improved outcomes with greater efficiency at lower costs.

Ernst and Young LLP donates 100K to MENTOR's youth programs
New York, 10 September 2012
MENTOR's Celebrity Roast hosted by David Feherty and Samuel L. Jackson features Ernst & Young LLP's Nancy Altobello and employee 'Mentor of the Year'

Treasurys ex Deputy Benefits Tax Counsel joins Ernst and Young LLP
New York, 6 September 2012
Ernst & Young LLP announced that Helen Morrison has joined the firm as a principal in the National Tax Department, following her position as Deputy Benefits Tax Counsel in the U.S. Department of Treasury's Office of Tax Policy.

 

August 2012


Ernst and Young Global Chairman and CEO keynotes ALPFA Convention Scholarship Luncheon
New York, 14 August 2012
EY Global Chairman and CEO James S. Turley keynotes ALPFA Convention Scholarship Luncheon

Breaking down the barriers for women on and off the sports field
New York, 11 August 2012
As the Olympic Games celebrates historic achievements in gender equity, EY launches new white paper on enhancing diversity in sports, business, society and the global economy.

Brazil retail and consumer products sector reports 91.9 percent surge in foreign direct investment value
New York, 10 August 2012
A stable economy and a burgeoning middle-class population has resulted in Brazil’s retail and consumer products (RCP) sector seeing a 91.9% increase in foreign direct investment (FDI) during 2011, compared with 2010, according to EY’s first annual Brazilian Attractiveness Survey.

 

July 2012


Ernst & Young LLP’s headquarters goes green with lighting retrofit project
New York, 31 July 2012
Times Square office retrofits 32 floors with energy-efficient lighting to reduce CO2 emissions.

Rising North American oil supply continues to reveal infrastructure mismatches
Houston, 30 July 2012
Growing oil supplies from unconventional fields in the U.S. and Canada have created significant logistics constraints, bottlenecks and considerable investment needs.

Proxy season results show dramatic shift in company-shareholder engagement
New York, 26 July 2012
Accountability and transparency expectations for companies and institutional investors increase as a result.

Ernst and Young LLP Appoints New Business Tax Services Leader
New York, 26 July 2012
Ernst & Young LLP is pleased to announce that Jeff Smith has been appointed Americas Director of Business Tax Services (BTS) for the firm.

2012 homebuilder survey: Builders cautiously optimistic about housing industry outlook over next few years
New York, 24 July 2012
Ernst & Young LLP survey reports increase in revenues, new home sales and return to active development in 2012.

Eighty percent of chief audit executives acknowledge room for improvement with internal audit functions
New York, 18 July 2012
With risk, control and compliance becoming increasingly important in today’s global marketplace, a new global survey of 695 chief audit executives (CAEs) and C-suite executives released by EY today reveals that 80% of organizations acknowledge that their internal audit function has room for improvement.

Ernst & Young LLP Adds National Indirect/State and Local Tax Partner
New York, 17 July 2012
Ernst & Young LLP announced that Sidney Silhan has joined the firm’s National Indirect/State and Local Tax practice as a partner in Atlanta. Silhan has nearly 20 years of experience in state and local tax and corporate structuring and merger and acquisition issues.

Ernst and Young LLP Adds Partners to Further Expand Its Asset Management Tax Practice
New York, 12 July 2012
Ernst & Young LLP announced today the appointment of Julie Canty and Carlos A. Schmidt as partners in the firm’s Asset Management Tax practice.

At ten year anniversary of Sarbanes-Oxley corporate governance is stronger, audit quality is improved
New York, 11 July 2012
The passage of The Sarbanes-Oxley Act (SOX) ten years ago dramatically transformed US financial reporting by improving audit quality and strengthening corporate governance. Ernst & Young LLP today released a report – The Sarbanes-Oxley Act at 10 – that considers the legislation, discusses what it was designed to do, and analyzes its impact.

EY’s US Transaction Advisory Services Expands Infrastructure Advisory Practice with Acquisition of Jeffrey A. Parker & Associates, Inc.
New York, 10 July 2012
The acquisition builds on Ernst & Young LLP’s infrastructure advisory practice in the US and expands the capabilities of the worldwide EY network in this area.

High-growth entrepreneurs setting pace for revenue growth and job creation says Ernst & Young LLP
6 July 2012
EY Entrepreneur Of The Year® finalists employ close to 700,000 and generate more than $165 billion in revenue

M&A Deal Flows Checked By Economic Slowdown, Says EY
New York, 2 July 2012
The tepid global economy has greatly slowed the pace of US M&A activity, as deal flow dropped by 15% to 3,159 deals in the first half of 2012 from 3,729 in 20111. Deal value also tumbled by 43% from the prior year 2.

 

June 2012


Entrepreneur Of The Year® 2012 South Central Ohio & Kentucky Award Winners
Cincinnati, 28 June 2012
EY announces winners for the Entrepreneur Of The Year® 2012 South Central Ohio & Kentucky Award.

The US Supreme Court issues a decision on the Affordable Care Act
Washington, DC, 28 June 2012
The Supreme Court of the United States today upheld the Affordable Care Act (ACA), ruling that the law’s individual mandate is a constitutional exercise of Congress’s power to impose taxes. With the Court’s decision, compliance efforts likely will move ahead at full speed with major provisions of the ACA becoming effective in 2013 and 2014.

EY and The Hedge Fund Journal announce Tomorrow’s Titans 2012
New York, 27 June 2012
Ernst & Young LLP and The Hedge Fund Journal today announced the release of Tomorrow’s Titans 2012, a survey identifying 40 emerging hedge fund managers who are making an increasing contribution to the industry’s development and success.

U.S. IPO Pipeline Slows Due to Confidential Filings Under JOBs Act and Investor Uncertainty
New York, 27 June 2012
According to EY’s U.S. IPO Pipeline Analysis, IPOs issued in Q2 rose an average of 8.8% as of June 22, compared to a 23.2% average for IPOs issued in Q1.

EY Earthwatch Ambassadors Help Local Businesses with Sustainable Practices
New York, NY, 25 June 2012
EY Earthwatch Ambassadors Travel to Brazil and Costa Rica to Help Local Businesses with Environmentally and Economically Sustainable Practices.

Power in the banking relationship shifts dramatically to the consumer
New York, NY, 25 June 2012
Consumers are taking control of their banking relationships, are increasingly likely to change banks and expect to be able to choose between a range of service levels and costs.

EY announces winners for the Entrepreneur Of The Year® 2012 Southwest Area North Award
Dallas, TX, 24 June 2012
Ernst & Young LLP is pleased to announce the winners of the Entrepreneur Of The Year® Award in the Southwest Area North program.

Entrepreneur Of The Year® 2012 Mountain Desert Award Winners
Denver, 22 June 2012
EY announces winners for the Entrepreneur Of The Year® 2012 Mountain Desert Award.

Entrepreneur Of The Year® 2012 New England Winners
Boston, 22 June 2012
EY announces winners for the Entrepreneur Of The Year® 2012 New England Award.

Entrepreneur Of The Year® 2012 Greater Philadelphia Award Winners
Philadelphia, 21 June 2012
EY announces winners for the Entrepreneur Of The Year® 2012 Greater Philadelphia Award.

Entrepreneur Of The Year® 2012 Gulf Coast Winners
Houston, 21 June 2012
EY announces winners for the Entrepreneur Of The Year® 2012 Gulf Coast Award.

EY announces winners for the Entrepreneur Of The Year® 2012 Award in the Greater Washington Region
McLean, VA, 21 June 2012
This group of leading entrepreneurs was selected by an independent judging panel made up of previous winners of the award, leading CEOs, private capital investors and other regional business leaders. The winners were revealed at a special gala on 21 June 2012 at The Ritz-Carlton, Tysons Corner.

Ernst & Young LLP joins 100,000 Jobs Mission and expands other initiatives to support veterans
New York, 20 June 2012
The firm achieved its goal to hire more veterans and increased inclusiveness efforts to help veterans transition from military careers to working at Ernst & Young LLP.

Entrepreneur Of The Year® 2012 New York
New York, 20 June 2012
Ernst & Young LLP is pleased to announce the winners of the Entrepreneur Of The Year® Award in New York.

Entrepreneur Of The Year® 2012 Greater Los Angeles
Los Angeles, 20 June 2012
Ernst & Young LLP is pleased to announce the winners of the Entrepreneur Of The Year® Award in Los Angeles.

Entrepreneur Of The Year® 2012 Michigan & Northwest Ohio
Detroit, 19 June 2012
Ernst & Young LLP is pleased to announce the winners of the Entrepreneur Of The Year® Award in Michigan & Northwest Ohio.

 

May


Working capital performance improves in the US but stalls in Europe
New York, 31 May 2012
$1.2 trillion still tied up in working capital among leading companies.

Ernst & Young LLP’s 2012 US Investment Monitor shows increased investment in new facilities and jobs 
Washington, DC, 24 May 2012
Companies continue to invest in the US economy and businesses show strong levels of investment in new and upgraded facilities, according to the 2012 US Investment Monitor.

Drive for revenue growth outweighs risk of prosecution for senior executives, according to EY global fraud survey
New York, 23 May 2012
US respondents report lack of understanding of liability for third-party actions.

Early vote results show proactive companies secure strong support amid increased investor scrutiny and targeted activism
New York, 21 May 2012
A new Ernst & Young LLP report – Proxy season 2012: Early voting results – finds that this year boards are under greater scrutiny and are more exposed to targeted activism by an increasingly coordinated investor base.

Ernst & Young LLP’s John Distefano named one of Consulting Magazine's Top 25 Consultants for 2012
New York, May 21 2012
Ernst & Young LLP announced that John Distefano, Principal, has been named one of Consulting magazine’s Top 25 Consultants for 2012. Distefano was selected for an Excellence in Healthcare award for his contributions to building the practice and transforming Ernst & Young LLP’s Health Care Advisory Services into one of the fastest growing sectors in the business. 

US Asset Management survey shows the influence of risk management is increasing: Ernst & Young LLP
New York, May 21 2012
Risk management has gained traction at US asset management firms following the global financial crisis, but many risk managers report they lack the resources and structure to be fully effective, according to Ernst & Young LLP ’s “A Growing Sphere of Influence” 2012 survey of risk managers at 44 of the largest US asset management firms.

Entrepreneur Of The Year® 2012 Florida Finalists
Tampa, 17 May 2012
EY announces Lifetime Achievement Award recipients and finalists for the Entrepreneur Of The Year® 2012 Award in Florida.

Private Equity Firms Focused on a Growth-Driven Partnership Model Deliver Strong Returns In Latin America
Washington, D.C., 16 May 2012
Private equity firms’ hands-on approach and focus on partnership is resonating with entrepreneurs and leading to successful exits in Latin American markets, according to a study conducted by the Emerging Markets Private Equity Association (EMPEA) and Ernst & Young LLP.

 Ernst & Young LLP Wins PMI® Distinguished Project Award
New York, 15 May 2012
Ernst & Young LLP has been named the recipient of Project Management Institute’s (PMI) PMI® Distinguished Project Award.

EY Entrepreneur Of The Year® 2012 finalists in the Greater Los Angeles Region generate double digit sales and job growth
Los Angeles, CA, May 14 2012
Ernst & Young LLP today announced the finalists for the EY Entrepreneur Of The Year® 2012 Award in the Greater Los Angeles Region.

Entrepreneur Of The Year® 2012 Central Texas Region Finalists
Austin, 11 May 2012
EY announces finalists for the Entrepreneur Of The Year® 2012 Award in the Central Texas Region.

Entrepreneur Of The Year® 2012 Northeast Ohio Finalists
Cleveland, 11 May 2012
EY announces finalists for the Entrepreneur Of The Year® 2012 Award in the Northeast Ohio.

Entrepreneur Of The Year® 2012 South Central Ohio & Kentucky (SCOK) Region Finalists
Cincinnati, 11 May 2012
EY announces finalists for the Entrepreneur Of The Year® 2012 Award in the South Central Ohio & Kentucky (SCOK) Region.

EY announces finalists for the Entrepreneur Of The Year® 2012 Award in the Mountain Desert region
Denver, CO, 11 May 2012
Ernst & Young LLP today announced the finalists for the EY Entrepreneur Of The Year® 2012 Award in the Mountain Desert region.

Ernst & Young LLP marks fifth consecutive year as No. 1 ideal employer for accounting students and No. 4 for business majors
New York, 11 May 2012
Ernst & Young LLP ranked No. 1 in accounting and No. 4 in business professions on the 2012 US Undergraduate Universum IDEAL™ Employer Survey.

Entrepreneur Of The Year® 2012 Greater Philadelphia region Finalists
Philadelphia, 10 May 2012
EY announces finalists for the Entrepreneur Of The Year® 2012 Award in the Greater Philadelphia region.

Entrepreneur Of The Year® 2012 Gulf Coast Area Finalists
Houston, 9 May 2012
EY announces the 2012 Entrepreneur Of The Year® Gulf Coast Area finalists.

Entrepreneur Of The Year® 2012 Southwest Area North Finalists
Dallas, 9 May 2012
EY announces finalists for the Entrepreneur Of The Year® 2012 Award in the Southwest Area North.

Studies of film tax credits show economic benefits for states
New York, May 9 2012
New Ernst & Young LLP and Motion Picture Association of America report discusses studies of state film tax credits and different approaches used to evaluate the effectiveness of film credit programs.

EY announces finalists for the Entrepreneur Of The Year® 2012 Award in the Pacific Northwest
Seattle, 8 May 2012
The awards program recognizes entrepreneurs who demonstrate excellence and extraordinary success in such areas as innovation, financial performance and personal commitment to their businesses and communities.

Entrepreneur Of The Year® 2012 Maryland Region Finalists
Baltimore, 4 May 2012
EY announces finalists for the Entrepreneur Of The Year® 2012 Award in the Maryland Region.

Ernst & Young LLP survey finds tax reform and 2012 election take center stage for corporate and tax executives   
New York, 2 May 2012
An Ernst & Young LLP survey announced at the Domestic Tax Conference finds tax reform and 2012 election take center stage for corporate and tax executives.

EY announces finalists for the Entrepreneur Of The Year® 2012 Award in the Midwest
Chicago, 1 May 2012
Ernst & Young LLP today announced the finalists for the EY Entrepreneur Of The Year® 2012 Award in the Midwest.

 

April


EY announces Finalists for the Entrepreneur Of The Year® 2012 Award in Northern California
San Jose, CA, 30 April 2012
Ernst & Young LLP today announced the finalists for the EY Entrepreneur Of The Year® 2012 Award in Northern California.

Ernst & Young LLP today announced the finalists for the EY Entrepreneur Of The Year® 2012 Award in the Upper Midwest. 
Minneapolis, 25 April 2012
The awards program recognizes entrepreneurs who demonstrate excellence and extraordinary success in such areas as innovation, financial performance and personal commitment to their businesses and communities.

Ernst & Young LLP ranks in the top 10 on The DiversityInc Top 50 Companies for Diversity list for the fourth consecutive year
New York, 26 April 2012
This marks the seventh straight year Ernst & Young LLP appears on The DiversityInc Top 50 Companies for Diversity® list. The firm was also named The 2012 DiversityInc Top Company for Global Cultural Competence.

Stephen Fisher Joins Ernst & Young LLP's Asset Management Practice 
Boston, 25 April 2012
Ernst & Young LLP announced today that Stephen D. Fisher, former senior vice president and deputy general counsel of Fidelity Investments, has joined its Asset Management tax practice. Fisher will be based out of Ernst & Young LLP's Boston office and will provide insight and perspective on issues relating to tax, regulation and compliance for the asset management industry.

Early filings show enhanced transparency around corporate governance practices 
New York, 23 April 2012
Early filings reveal emerging trends in proxy statement disclosure: S&P 500 companies are showcasing shareholder outreach efforts in the area of executive compensation, demonstrating strategic board composition and tightening company messaging around key topics of investor interest.

Strong deal fundamentals remain but corporates are cautious on M&A in the short-term 
New York, 23 April 2012
A more favorable deal making environment is not yet convincing corporations to engage in mergers & acquisitions (M&A), according to EY's latest Global Capital Confidence Barometer, based on a survey last month of more than 1,500 senior executives in 57 countries around the world.

Ernst Young announces semifinalists for the Entrepreneur Of The Year 2012 Award in the Greater Los Angeles Region
Los Angeles, CA, April 19, 2012
Ernst & Young LLP today announced the forty-three semifinalists for the EY Entrepreneur Of The Year® 2012 Award in the Greater Los Angeles Region.

EY announces finalists for the Entrepreneur Of The Year® 2012 Award in Alabama/Georgia/Tennessee 
Georgia, 19 April 2012
The awards program recognizes entrepreneurs who demonstrate excellence and extraordinary success in such areas as innovation, financial performance and personal commitment to their businesses and communities. Award winners will be announced at a special gala on June 7, 2012 at the InterContinental Hotel, Buckhead, in Atlanta, Georgia.

Iran worries keep prices high, despite rising non-OPEC crude supply 
Houston, 19 April 2012
Increased oil production in the US and other non-OPEC countries, which more than offsets increases in global demand, is keeping pressure on OPEC to limit crude output. Increased supply typically creates lower oil prices, but today's new supply is being outweighed by anticipated supply interruption from Iran and other smaller sources including: Syria, Yemen, the Sudans, and the North Sea.

EY announces finalists for the Entrepreneur Of The Year® 2012 Award in the Utah Region
Utah, 17 April 2012
Ernst & Young LLP today announced the finalists for the EY Entrepreneur Of The Year® 2012 Award in the Utah Region.

EY announces semifinalists for the Entrepreneur Of The Year® 2012 Award in the Pacific Northwest
Seattle, WA, April 16, 2012
Ernst & Young LLP today announced the 32 semifinalists for the EY Entrepreneur Of The Year® 2012 Award in the Pacific Northwest. The awards program recognizes entrepreneurs and leaders who demonstrate excellence and extraordinary success in such areas as innovation, financial performance and personal commitment to their businesses and communities.

Entrepreneur Of The Year® 2012 Northern California Semifinalists
San Francisco, 13 April 2012
EY announces Semifinalists for the Entrepreneur Of The Year® 2012 Award in Northern California.

EY announces finalists for the Entrepreneur Of The Year® 2012 Award in the Central Midwest
St. Louis, 12 April 2012
The awards program recognizes entrepreneurs who demonstrate excellence and extraordinary success in such areas as innovation, financial performance and personal commitment to their businesses and communities. Award winners will be announced at a special gala on June 5, 2012 at The Sheraton Overland Park Hotel in Kansas City, Kansas.

The clock is ticking! Less than one week to file your taxes
New York, 12 April 2012
The deadline to file taxes this year is April 17. While taxpayers get a few extra days, that's no excuse to delay filing or overlook deductions, according to the 27th Edition of the EY Tax Guide.

EY announces semifinalists for the Entrepreneur Of The Year® 2012 Award in San Diego
La Jolla, CA, April 10 2012
Ernst & Young LLP today announced the 27 semifinalists for the EY Entrepreneur Of The Year® 2012 Award in the San Diego.

Ernst & Young LLP offers insight into the management challenges of political leadership
Washington DC, 10 April 2012
In the lead-up to another Presidential election, there is a growing anticipation around the changes that will likely occur at the agency level of government.

Ernst & Young LLP donates $1 million to Catalyst's Changing Workplaces, Changing Lives campaign
New York, 10 April 2012
Furthering its commitment to women's leadership, Ernst & Young LLP donated $1 million in support of Catalyst's Changing Workplaces, Changing Lives campaign, which offers corporations, foundations and philanthropists the opportunity to invest in Catalyst's mission to expand opportunities for women and business.

EY announces semifinalists for the Entrepreneur Of The Year® 2012 Award in Orange County
Irvine, 9 April 2012
Ernst & Young LLP today announced the 28 semifinalists for the EY Entrepreneur Of The Year® 2012 Award in Orange County.

EY Global Chairman and CEO James S. Turley to be honored by The White House Project
New York, 5 April 2012
Under Turley, organization is known for advancing women and supporting women entrepreneurs

Venture Capital Investments Sector to 'Go Global' by 2015
New York, 4 April 2012
Venture capital investment trends will make a major shift by 2015 as investors are looking outside their home borders-increasing their focus on ventures in China and India, according to EY's Global Venture Capital insights and trends report 2011.

U.S. IPOs Start 2012 on Faster Note as Confidence in Equities Returns
New York, 4 April 2012
With the first quarter of 2012 in the books, the U.S. IPO pipeline has thinned its ranks, as stronger equities markets created enthusiasm among companies to bring new issues to market. In 1Q, both companies and investors felt more confident about IPOs, according to EY's U.S. IPO Pipeline Analysis.

Environmental and social issues dominate shareholder-sponsored resolutions for third consecutive year
New York, 4 April 2012  
Investor attention to the "triple bottom line" of environmental, social and economic performance is growing and raising support levels for shareholder resolutions on environmental and social issues.

Network for Teaching Entrepreneurship (NFTE) Celebrates Entrepreneurs Elevating the Future at Annual "Dare To Dream" Awards Dinner
New York, 2 April 2012
The 2012 NFTE Entrepreneurial Spirit Awards honored Ernst & Young LLP for its long-standing commitment to fostering and supporting entrepreneurship worldwide.

 

March


Ernst & Young LLP announces expansion of its US M&A and Capital & Debt Advisory business, naming James W. Carter as CEO of Ernst & Young Capital Advisors, LLC
New York, 22 March 2012 
Ernst & Young LLP's Transaction Advisory Services (TAS) has announced the expansion of its US M&A and Capital & Debt Advisory business, which provides sector-specific advice on transaction strategies, buy- and sell-side M&A execution, and private capital raising.

Two former government tax officials join Ernst & Young LLP
New York, 22 March 2012 
Ernst & Young LLP today announced that Brandon Carlton and George Blaine are joining the firm's National Tax Department in Washington, DC. Carlton, returning as a principal, worked for the firm from 1999 to 2007 before moving to Treasury and becoming Associate Tax Legislative Counsel in the Office of Tax Policy.

Ernst & Young LLP Adds Four Senior Professionals to Further Expand its Growing West Coast Asset Management Practice
New York, 21 March 2012
With growing customer demands for tax services and a volatile market, Ernst & Young LLP announced today that new senior professionals have joined the firm to expand the West Coast sector of its Asset Management tax practice.

Companies missing opportunities to see green with sustainability efforts
New York, 19 March 2012
There's a lot of talk about the other green of sustainability – financial savings. However, a recent survey from Ernst & Young LLP found that many companies might be missing opportunities, as tax departments and sustainability programs lack integration.

Ernst & Young LLP Receives U.S. President's Volunteer Service Award from Junior Achievement
New York, 14 March 2012
Ernst & Young LLP today announced that Junior Achievement USA® (JA) recognized the firm with a Bronze Level 2010-2011 U.S. President's Volunteer Service Award for its contribution of more than 5,000 volunteer hours. The award was one of 20 presented at JA's quarterly board of directors meeting held today.

EY Tracer technology for smart phones helps globetrotting workers avoid tax surprises
New York, 12 March 2012
EY has released a new smart phone application that helps business travelers and their employers avoid global tax traps and immigration violations. This technology helps companies to manage the increasing risks associated with employees crossing borders, the conflicts they create and, in extreme cases, keeping executives out of jail.

Ambitious women entrepreneurs sought for 2012 EY Entrepreneurial Winning WomenTM Program
New York, 12 March 2012
Newly released impact study from Babson College based on the program reveals winners have created significant job and revenue growth during the worst years of the recession.

New data shows financial considerations driving sustainability activities of leading companies
New York, 6 March 2012
A new Ernst & Young LLP / GreenBiz Group study – Six growing trends in corporate sustainability – reveals an increasing financial focus on sustainability efforts that impact core business objectives.

Ernst & Young LLP receives three 2012 Association of Management Consulting Firms Awards
New York, 5 March 2012
Ernst & Young LLP was named the recipient of three 2012 Association of Management Consulting Firms (AMCF) awards during the AMCF's inaugural awards gala dinner March 1 in New York.

 

February


Rebuilding the Global Banking Industry: EY and Knowledge@Wharton Release Video eBook Detailing Scenarios for the Next Decade of Banking
New York, February 28, 2012
In the industry's first-ever interactive eBook published by EY and Knowledge@Wharton, "Global Banking 2020: Foresight & Insights," banking leaders explore a spectrum of potential scenarios – including some extreme possibilities – that could develop in the coming decade, along with strategies to help global banks thrive.

United States Named Global Leader in Renewable Energy Investment
New York, 28 February 2012
In 2011, American renewable energy investment in solar and wind technologies dominated the global market, propelling the US into the leadership position, according to our latest Renewable Energy Country Attractiveness Index.

US consumers demand better customer service, more personal interaction From insurers, according to EY global insurance survey
New York, 22 February 2012
US insurance consumers want their insurers to offer more personalized service and reward customer loyalty, according to EY's Global Consumer Insurance Survey 2012. The survey also finds that consumers of life/annuity and property/casualty policies are willing to buy multiple products from the same carrier if they are tailored to meet their individual needs, and that Millennials believe the strength and health of an insurer's brand is more important than the price of the insurance product.

NCRW Celebrates 30 Years of Changing the Way the World Looks at Women: Awards Dinner 2012, March 6th
New York, 21 February 2012
At a stellar gathering of leaders from business, philanthropy, government, and non-profits, the National Council for Research on Women will kick off 30 years of transforming the way the world looks at women and girls at its annual Making a Difference for Women Awards Dinner on Tuesday, March 6th.

Risk investment levels closely linked to financial performance
London, 16 February 2012
Over the last decade companies around the world have made substantial investments in personnel, processes and technology to help mitigate and control business risk.

New Ernst & Young LLP report guides companies on managing smart grid security risks
New York, 15 February 2012
Confidence in new technologies has been one of the leading challenges among utilities – and customers – in upgrading to the smart grid. However, with the proper control systems in place, risks can be anticipated and minimized, according to a new report from Ernst & Young LLP.

Women's Business Enterprise National Council (WBENC) announces new list of 2011 America's top corporations for women's business enterprises
Washington, DC, 15 February 2012
The Women's Business Enterprise National Council (WBENC) today announced its 13th annual listing of America's Top Corporations for Women's Business Enterprises, the only national award honoring corporations for world class programs that level the playing field for women's business enterprises (WBEs) to compete for corporate business.

Technology mergers and acquisitions surge in 2011
New York, 14 February 2012
Aggregate deal value of global technology mergers and acquisitions (M&A) surged 41% in 2011, even as the value of global M&A in all industries fell slightly amid economic uncertainty.

Events of 2011 shape the O&G industry in 2012
Houston, 2 February 2012
Key events and trends in 2011 frame EY's Oil & Gas Center leaders' expectations for 2012. Global politics, midstream capacity, new domestic sources of crude, environmental concerns, the shale gas boom and natural gas pricing market are reshaping the oil and gas industry moving forward. 

2011 U.S. venture capital investment in cleantech steady at $4.9 billion despite tough economy
Boston, 1 February 2012
US venture capital (VC) investment in cleantech companies reached $4.9 billion in 2011, flat in terms of deals and down 4.5% in terms of capital invested compared to 2010, according to an Ernst & Young LLP analysis based on data from Dow Jones VentureSource.

 

January


Ernst & Young LLP significantly expands focus on eDiscovery, adding four advisors to Fraud Investigation & Dispute Services practice 
New York, 26 January 2012
Ernst & Young LLP today announced a number of recent additions to its Fraud Investigation & Dispute Services (FIDS) practice to meet growing demand for, and bolster its depth in, eDiscovery and fact-finding services. David Remnitz has been named FIDS Global and Americas Forensic Technology and Discovery Services (FTDS) Leader. He is joined by Principals Adam Cohen and Todd Marlin in New York and Jay Sonbolian in Los Angeles.

U.S. IPO Confidence Returns for Companies and Investors in 2012 
New York, January 23, 2012
The end of 3Q boasted a U.S. IPO pipeline full and primed for companies to go public in 4Q. Now, due to recent gains in the stock market, both companies and investors are feeling more confident about IPOs according to EY's U.S. IPO Pipeline Analysis.

Ernst & Young LLP recognized on FORTUNE's "100 Best Companies to Work For" list for the 14th consecutive year 
New York, 23 January 2012
Ernst & Young LLP announced today that FORTUNE magazine ranked it among the "100 Best Companies to Work For" for the 14th consecutive year. The firm ranks number 59 this year, climbing 18 spots from its 2011 ranking.

Ernst & Young LLP offers anti-corruption advice for global companies in new book
New York, 23 January 2012
As market volatility persists, the demands by regulators and investors for proper governance, compliance, and transparency are reaching new heights. Boards, CEOs and their executive leadership are setting the course for aggressive growth in a global business climate with uncertain boundaries – and this requires a company to have heightened sensitivity to potential risks, such as bribery and corruption.

New Ernst & Young LLP Power & Utilities' advisors to help clients improve performance in a heavily regulated industry
New York, 18 January 2012
In an ongoing effort to help power and utility companies improve performance in a highly regulated, transforming industry, Ernst & Young LLP announced that three senior executives have joined the firm, bringing deep experience working with utilities to improve their strategic, financial and operational processes.

Ernst and Young Voted Top Accounting-Auditing Provider By Hedge Funds Review
New York, 17 January 2012
EY, a leading global organization of service providers for start-up and established hedge funds, announced today that it is ranked as the top accounting/auditing provider in the first Hedge Funds Review Service Providers Rankings.

Ernst & Young LLP named top consulting firm for financial services organizations by Operational Risk & Regulation for third straight year 
New York, 13 January 2012
Ernst & Young LLP announced today that it has been named the overall winner of Operational Risk & Regulation's annual consultancy rankings for the third consecutive year, and placed first in seven of the 13 risk and regulatory consultant service categories.

Ernst & Young LLP Commits $300K to Network for Teaching Entrepreneurship
New York, 12 January 2012
In recognition of EY's more than 8,000 Entrepreneur Of The Year Award® winners and the organization's commitment to support future market leaders everywhere, Ernst & Young LLP has established the EY Entrepreneur Of The Year® Alumni Fund to reward top Network for Teaching Entrepreneurship (NFTE).

EY, LLP continues tradition of overseeing voting process and safeguarding results for the annual Golden Globe® Awards
Los Angeles, 10 January 2012
Another award season begins in Hollywood with the 69th annual Golden Globe® Awards, which will be announced on January 15. Prior to the telecast, the names of the winners will be safeguarded by Ernst & Young LLP, a leader in assurance, tax, transaction and advisory services and services to strategic growth markets.

Ernst & Young LLP offers personnel new tax offsets on same-sex domestic partner health and welfare benefits in the US
New York, 9 January 2012
Ernst & Young LLP today announced it and its affiliates will reimburse lesbian, gay, bisexual and transgender (LGBT) employees for the additional federal and state taxes they pay on same-sex domestic partners' medical benefits in the US, making it the first Big Four accounting firm to offer this perk.

Ernst & Young LLP will host nearly 150 ethnically diverse students from 73 US campuses at Discover EY
New York, 4 January 2012
The firm will concurrently host its fourth annual Campus Diversity and Inclusiveness Roundtable, a forum at which deans, faculty and administrators from top business programs will discuss the business imperative for diversity and inclusion and share best practices.