News releases from 2013

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December 2013


Life insurers renewing initiatives to aggressively penetrate new markets
New York, 18 December 2013
Given the rise in consumer confidence and ongoing economic recovery, life insurers are poised to rebuild product portfolios, expand into under-penetrated markets and deploy the capital they have accumulated into profitable business opportunities, according to EY’s 2014 US Life Insurance-Annuity Outlook.

Consumers will dictate the future of television
Los Angeles, 17 December 2013
Viewer demands for control and for new experiences are impacting every aspect of the content supply chain - from story creation through distribution -- according to a new report just issued by EY.

Property-Casualty insurers focus on margin protection
New York, 17 December 2013
In the face of continued economic, competitive and regulatory challenges, property-casualty insurers are seizing opportunities to improve underwriting discipline, drive operating efficiencies and leverage data and enhanced analytics to sustain growth and widen their performance advantage, according to EY’s 2014 US Property-Casualty Insurance Outlook.

Trust Accounting Outsourcing-business of Thomson Reuters joins EY
New York, 17 December 2013
Ernst & Young LLP has acquired the Tax Preparation and Court Accounting Outsourcing businesses of Thomson Reuters in the US, the two companies announced today. Approximately 175 employees will join EY.

EY Names Top Fraud and Corruption Trends for 2014
New York, 16 December 2013
Companies and their Boards are struggling with increased regulatory burden and the risks associated with operating in emerging markets.

EYTaxSpace™ brings enhanced compliance technology to partnerships
New York, 12 December 2013
In response to the specific requirements of an intricate and multi-faceted business sector, Ernst & Young LLP announces the release of the Partnership version of EYTaxSpace™, its innovative platform for compliance and reporting.

EY Americas Corporate Responsibility Fellows donate 30,000 hours since 2005 to help entrepreneurs in Latin America
New York, 11 December 2013
The EY Americas Corporate Responsibility (CR) Fellows program – which sends top-performing, mid-career professionals abroad to assist high-impact entrepreneurs.

Stars align and 2013 proves to be hottest US IPO market since 2004 — momentum continues in 2014
New York, 10 December 2013
The market environment delivered all of the right signals in 2013, presenting a long-awaited window of opportunity for IPOs.

2014 US deal activity will be steady, but a few companies may pursue bigger, bolder deals, says EY
New York, 9 December 2013
US executives are confident about 2014 deal activity, but increased volumes will rely on clear signs of an improving economy and political stability, according to EY Americas Transaction Advisory Services.

EY recognized as a Kennedy Vanguard leader and largest insurance consulting provider
New York, 9 December 2013
EY announced today that Kennedy Consulting Research & Advisory has named EY as a leading provider of insurance consulting services globally for the second consecutive year.

EY adds ex-IRS counsel Steve Fattman to transaction tax
Washington, 6 December 2013
Steve Fattman, former Special Counsel to the Associate Chief Counsel (Corporate) of the Internal Revenue Service (IRS), has joined Ernst & Young LLP’s National Tax Department as an executive director in the Transaction Tax practice.

Media and entertainment industry shows dramatic increase in confidence of improved global economic expansion, according to recent survey of senior executives at large media and entertainment companies
Los Angeles, 3 December 2013
The media and entertainment industry is heading into 2014 with a high level of confidence in the global economy, according to the 9th Capital Confidence Barometer – Media & Entertainment industry results released by EY.

EY Tax Guide 2014 now available
New York, 3 December, 2013
A favorite among do-it-yourself filers and tax professionals alike for nearly three decades, the EY Tax Guide 2014 is now available online and in bookstores.

Average board diversity is about ten percentage points higher for companies with women in board and executive leadership roles
New York, 3 December, 2013
Ernst & Young LLP report shows 42 percent of boards have two or more female directors, demonstrating that diverse boards recognize the value of diversity, and revealing an opportunity for boards to continue to diversify given expected turnover in coming years.

November 2013


Ernst & Young LLP Voted Top Accounting and Auditing Provider to Hedge Fund Industry
New York, 26 November 2013
Ernst & Young LLP, a leading service provider to start-up and established hedge funds, has received two industry honors in the accounting and auditing space.

Global technology executives to accelerate growth strategies in 2014 as confidence reaches two-year high and access to capital improves
New York, 22 November 2013
Sixty-eight percent of technology executives believe the global economy is improving, with another 20% indicating the economy is stable.

Capital Expansion Plans Present Tax Credits & Incentives Opportunities for Companies
Washington, 20 November 2013
A new EY study released today shows that corporate capital expansion plans are likely to drive tax credits & incentives (C&I) activity.

Hamid Moghadam, CEO and Chairman of Prologis, named National EY Entrepreneur Of The Year™ 2013 Overall Award winner
San Francisco, 16 November 2013
Moghadam honored for anticipating and taking action to respond to the developing market trends.

David Jaffe, President and CEO of Ascena Retail Group Inc., named National EY Entrepreneur Of The Year™ 2013 Family Business Award of Excellence winner
New York, 16 November 2013
Jaffe honored for taking dressbarn – founded by his father in 1962 – to new heights.

Paul W. Jones, Executive Chairman of A. O. Smith Corporation, named National EY Entrepreneur Of The Year™ 2013 Distribution and Manufacturing Award winner
Milwaukee, 16 November 2013
Jones honored for bringing innovative thinking and products to the world’s largest heater and boiler manufacturer.

Tough Mudder Founder and Will Dean named National EY Entrepreneur Of The Year 2013 Emerging category award winner
New York, 16 November 2013
Will Dean, Founder and CEO of Tough Mudder, has been named the National EY Entrepreneur Of The Year™ 2013 Emerging Award winner.

Peter Duncan, President and CEO of MicroSeismic Inc., named National EY Entrepreneur Of The Year™ 2013 Energy, Cleantech and Natural Resources Award winner
Houston, 16 November 2013
Duncan recognized for being a true industry disruptor and changing the way people think about monitoring microseismic activity.

Harris H. Simmons, Chairman, President and CEO of Zions Bancorporation, named National EY Entrepreneur Of The Year™ 2013 Financial Services Award winner
Salt Lake City, 16 November 2013
Simmons honored for establishing Zions as one of the largest bank holding companies in the western United States.

Francois Nader, MD, President and CEO of NPS Pharmaceuticals, named EY Entrepreneur Of The Year™ 2013 National Life Sciences Award winner
Bedminster, N.J., 16 November 2013
Dr. Nader honored for transforming NPS into what’s poised to become a premier orphan drug company.

Tom Bedecarré, Founder and Chairman of AKQA, named National EY Entrepreneur Of The Year™ 2013 Media, Entertainment and Communications Award winner
San Francisco, 16 November 2013
Bedecarré honored for being a pioneer in the digital advertising space and founder of the world’s largest independent digital advertising agency.

Hamid Moghadam, CEO and Chairman of Prologis, named National EY Entrepreneur Of The Year™ 2013 Real Estate, Construction and Lodging Award winner
San Francisco, 16 November 2013
Moghadam honored for anticipating and taking action to respond to the developing market trends.

Nicholas Woodman, Founder and CEO of GoPro, named National EY Entrepreneur Of The Year™ 2013 Retail and Consumer Products Award winner
San Mateo, Calif., 16 November 2013
Woodman honored for allowing sports enthusiasts to capture and share their experiences through the eyes of a dynamic video camera.

Zillow CEO Spencer Rascoff named EY National Entrepreneur Of The Year™
Seattle, 16 November 2013
Spencer Rascoff, CEO of Zillow, has been named the EY National Entrepreneur Of The Year™ 2013 Services Award winner.

Tony Aquila, Founder, Chairman and CEO of Solera Holdings, named National EY Entrepreneur Of The Year™ 2013 Technology Award winner
West Lake, Texas, 16 November 2013
Aquila honored for extensive software company for the automotive and insurance industries.

EY Announces 12 National Winners of 2013 Entrepreneurial Winning Women™ Program
Palm Springs, Calif., 14 November 2013
EY today announced the 12 winners of its 2013 class of Entrepreneurial Winning Women, a competition and executive leadership program that identifies a select group of high-potential women entrepreneurs whose businesses show real potential to scale - and then helps them do it.

The Vital Entrepreneur: EY Reveals What Sets High-Impact Entrepreneurs Apart and What it Takes to Grow a Truly High-Performing Company
Palm Springs, Calif, 12 November 2013
2013 EY Entrepreneur Of The Year™ companies model the unique strengths that private, public, family, sponsor-backed and women-led companies must acquire to outperform

Static allocations may foil the growth ambitions of hedge funds: EY survey
New York, 12 November 2013
As the hedge fund industry matures, managers who survived the financial crisis are now beginning to focus on growing beyond their original business models, according to EY’s seventh annual survey of the global hedge fund market, Exploring pathways to growth.

Ernst & Young LLP launches a first-of-its-kind fellowship program to support veterans and their families
New York, 11 November 2013
The firm is expanding its veterans initiatives and was named a Corporate Champion by the Jericho Project for its leadership in driving career opportunities for veterans

Ernst & Young LLP celebrates 10 years in Las Vegas
Las Vegas, 4 November 2013
Today Ernst & Young LLP’s Las Vegas office celebrates its 10th anniversary.

October 2013


Infrastructure development and geopolitical tensions push oil prices higher in third quarter
Houston, 30 October 2013
With new infrastructure opening up logistical bottlenecks between the Midcontinent and Gulf Coast regions, and mounting instability in the Middle East and North Africa, US and global oil prices pushed higher in recent months, according to the latest US quarterly outlook by EY’s Oil & Gas Center.

Cyber-crime is greatest global threat to organizations’ survival today: EY survey
London, 29 October 2013
With information security functions not fully meeting the needs in 83% of organizations, 93% of companies globally are maintaining or increasing their investment in cyber-security to combat the ever increasing threat from cyber-attacks, according to a new survey released by EY today.

Multinationals not effectively deploying their mobility programs in line with their wider business agendas to drive competitive edge
New York, 29 October 2013
More than half (56%) of mobility executives working in multinational companies today reveal that their mobility teams are involved only in deploying services, playing no role in talent management and wider business objectives, according to a new survey by EY.

US Companies are focused on growth over the next 12 months and 41% plan to pursue an acquisition, according to EY’s Capital Confidence Barometer
New York, 28 October 2013
Cash and credit are readily available to support M&A in the United States and corporate America indicates an uptick in desire for dealmaking according to EY’s ninth semi-annual Capital Confidence Barometer.

Ernst & Young Foundation’s 2013 Tax Educators’ Symposium Shares Latest Developments to Tax Accounting Professors
Washington, 23 October 2013
Following new 2013 tax laws, debates on tax reform and the Affordable Care Act, and increased enforcement activities by tax administrators globally, the annual EY Tax Educators’ Symposium shares current developments and their implications with tax professors from universities across the country.

EY achieves double success in Top 50 list of most inspiring LGBT role models
London, 22 October 2013
Beth Brooke-Marciniak, EY’s Global Vice Chair - Public Policy, was second in the list, and Liz Bingham, Managing Partner for Talent in the UK & Ireland, was ranked in 18th place.

Companies with strong “business partnering” between the CFO and the supply chain leaders report stronger results
London, 21 October 2013
A global survey of CFOs and supply chain leaders by professional services organization EY, finds that companies with evidence of strong “business partnering.”

TTC/EY Tax Reform Business Barometer reports easing but still strong expectations of movement on tax reform by end of 2013
Washington, 17 October 2013
The Tax Council and EY Tax Reform Business Barometer tracks tax reform expectations of the business community

Ernst & Young LLP’s Thear Suzuki recognized as Future Leader by Consulting Magazine
New York, 14 October 2013
Ernst & Young LLP announced that Thear Sy Suzuki, Principal in the firm’s Advisory Services practice and IT Transformation Practice leader for the Southwest Region, has been named a winner of a 2013 Consulting magazine’s “Women Leaders in Consulting” award.

Former Federal Reserve Bank of Chicago official Brian Gordon joins Ernst & Young LLP’s Financial Services Office
New York, 9 October 2013
Brian Gordon, former Senior Professional in the Risk Specialists Division at the Federal Reserve Bank of Chicago, has joined the Financial Services Office of Ernst & Young LLP as an Executive Director.

EY reports fastest revenue growth in five years
London, 8 October 2013
In fiscal year 2013 our global revenue grew 7.7% to US$25.8 billion, with improvement across all service lines and geographies.

Ernst & Young LLP expands alliance with SAP to provide go-to-market programs for SuccessFactors human capital management suite
New York, 3 October 2013
Ernst & Young LLP announced today an expansion of its strategic alliance with SAP to include design and implementation services for solutions from SuccessFactors, a SAP company.

September 2013


Ernst & Young LLP named a leader worldwide in the IDC MarketScape on governance, risk and compliance
New York, 30 September 2013
US firm rated high in integrating analytics, improving client performance and helping integrating risk.

Tax directors seeking “success under pressure” according to EY’s 32nd Annual International Tax Conference survey
New York, 26 September 2013
Conference theme addresses corporate transformation, expansion and need to manage regulatory turmoil.

Disconnect between policies and practice exposes Asia-Pacific companies to greater fraud and corruption risks
New York, Hong Kong and London, 26 September 2013
Disparity between policy, enforcement and execution is hampering efforts to tackle fraud and bribery in Asia-Pacific. Nearly half (48%) of the executives polled for EY’s first Asia-Pacific Fraud Survey titled “Building a more ethical business environment,” said their companies’ anti-bribery and anti-corruption policies are good in principle but do not work well in practice.

US IPO pipeline remains robust in Q3; Strongest year for IPOs since 2007 as 2013 heads to a close
New York, 25 September 2013
• IPO window remains open–Q3 continues fueling strong US pipeline
• Momentum continues in Q3
• Healthcare IPOs return

Medtech companies urged to evolve business model to survive
Washington, 24 September 2013
A move to value-based health care, tougher regulations and a lack of resources are challenging medtech companies to be more creative when developing new products and services, and to experiment with new business models.

Prime brokers respond to challenges brought on by the shifting composition of the hedge fund industry and the changing regulatory requirements, according to EY prime broker survey
New York, 19 September 2013
Faced with the challenges brought on by the shifts in the hedge fund industry and the changing regulatory landscape, prime brokers are attempting to differentiate themselves through unique product offerings, as well as their ability to leverage proprietary technologies and organizational efficiencies, according to Ernst & Young LLP’s survey of prime brokers, The balancing act: how to navigate the evolving challenges of the prime brokerage industry.

Ernst & Young LLP ranks among the top 10 companies for working mothers for the eighth straight year
New York, 17 September 2013
EY also announces the launch of its Career and Family Transitions coaching program in the Americas to support working mothers and fathers taking parental leave.

EY announces the acquisition of Greenwich Consulting
New York, 16 September 2013
Ernst & Young LLP, a member firm of the global EY organization, is pleased to announce that Greenwich Consulting has been acquired by the organization’s member firm in France.

Environmental sustainability shareholder proposal withdrawal rates top 40%, indicating corporate disposition towards dialogue and action
New York, 12 September 2013
Investors and companies are signaling a rising interest in environmental sustainability.

Business tax reform and trends: survey views
Washington, 11 September 2013
How can tax professionals prepare for the different elements of tax reform as it continues to develop in Congress? We offer an inside look.

Companies increasing transparency around audit-committee related disclosures
New York, 11 September 2013
The 2013 proxy season saw more Fortune 100 companies increasing public disclosure related to audit committees and auditors. In its newly released report – Audit committee reporting to shareholders – Ernst & Young LLP examines how companies are enhancing audit committee-related disclosures and highlights year-over-year changes in practice.

Ernst & Young LLP’s health care report explores innovation in payment and delivery
New York, 10 September 2013
Annual publication for providers and payers highlights industry innovations nationwide.

Rail eases crude oil logistical bottlenecks
Houston, 4 September 2013
As North American crude oil production increases, rail offers efficiency in logistics and an effective alternative in an environment challenged by pipeline constraints.

Younger managers rise in the ranks: survey quantifies management shift and reveals challenges, preferred workplace perks, and perceived generational strengths and weaknesses
New York, 3 September 2013
New EY research to be discussed at upcoming event and webcast tied to launch of book that explores ways millennials and other generations can advance their careers today.

August 2013


Manuel Tron Joins Ernst & Young LLP
New York, 29 August 2013
During the annual meeting of the International Fiscal Association (IFA) in Copenhagen, Ernst & Young LLP announced the addition of Manuel Tron, who has been recognized both in Mexico and internationally as a leader in international tax law.

Emmy ballots due at our Los Angeles office
Los Angeles, 22 August 2013
The Academy of Television Arts & Sciences is racing to meet the 26 August deadline so that we can begin tabulating the votes.

Renewable energy accounts for nearly 50% of added capacity in US in 2012
New York, 21 August 2013
Ernst & Young LLP releases latest edition of the US Attractiveness Indices

Ernst & Young LLP's Kim Ramko named to 2013 PharmaVOICE 100 list
New York, 1 August 2013
Ramko recognized as one of the '100 Most Inspiring People in the Life Sciences Industry' by leading industry publication.

July 2013


Former Federal Reserve Bank of New York official Marc Saidenberg joins Ernst & Young LLP's Financial Services Office
New York, 31 July 2013
Marc Saidenberg, former senior vice president and director of supervisory policy at the Federal Reserve Bank of New York, has joined the Financial Services Office of Ernst & Young LLP as a Principal.

Power & Utility sector outlook: valuations likely to continue to fall as market conditions shift, according to Ernst & Young LLP
New York, 25 July 2013
US Power & Utility valuations, which despite a recent pullback remain well above 10-year historical averages, are not sustainable in the long run, according to a new report by Ernst & Young LLP's Power & Utilities practice.

North American infrastructure expansions easing crude price distortions
Houston, 25 July 2013
While crude oil supply in the Midcontinent continues to increase, infrastructure expansions are easing crude price distortions.

For Fifth Year, EY-Earthwatch Ambassadors Help Businesses in Brazil and Costa Rica with Sustainable Practices
New York, 22 July 2013
EY, in conjunction with the Earthwatch Institute, an organization that engages people worldwide in scientific climate change research, sent 30 volunteers to Brazil and Costa Rica this spring and summer.

Ernst & Young LLP Announces New Executive Director in Houston
Houston, 22 July 2013
Ernst & Young LLP today announced Phil Innes has joined its Fraud Investigation & Dispute Services (FIDS) practice as an Executive Director in the Houston office and will focus on the Southwest region energy sector.

Ernst & Young LLP Announces New Executive Director in San Francisco
San Francisco, 22 July 2013
Ernst & Young LLP today announced Nadia Brannon has joined its Fraud Investigation & Dispute Services (FIDS) practice as an Executive Director in the San Francisco office, where she will focus on expanding the firm’s forensic data analytics services.

Businesses Paid $649 Billion in State and Local Taxes in Fiscal Year 2012
Washington, 17 July 2013
Businesses paid $649 billion in total state and local taxes in fiscal year 2012, representing 45.2% of all state and local taxes collected during that period, according to an annual study prepared by Ernst & Young LLP in conjunction with the Council On State Taxation (COST) that was released today.

Private Equity Continues to Deliver Outperformance Through More Formalized Value Creation Strategies
New York, 16 July 2013
North American private equity (PE) firms have pivoted from cost-cutting and value-preservation to more of a growth agenda for the companies they back.

From Compliance Specialists to Strategic Advisors: EY/Forbes Insights Survey Finds Internal Audit Role Undergoing Sweeping Changes
New York, 15 July 2013
IA moves beyond assurance but faces challenges in securing resources for its expanding role.

Former Hogan Lovells Global Tax Practice Leader Joins Ernst & Young LLP
Washington, 15 July 2013
Ernst & Young LLP announced today that Cristina Arumi has joined its National Tax practice as a principal in the Real Estate group and will focus on transactions.

EY teams with University of Alabama to offer college prep summer camp
Tuscaloosa, Ala., 11 July 2013
Rising high school juniors who participate in EY’s College MAP (Mentoring for Access and Persistence) program will have the opportunity to participate in a summer camp at The University of Alabama from July 7- 12.

Mark Weinberger becomes EY Global Chairman and CEO
London, 1 July 2013
EY announced today that Mark Weinberger has become Global Chairman and CEO. The professional services organization also announced the adoption of EY as its global brand name.

US Deal Flow to Remain Stagnant for Remainder of 2013, says EY
New York, 8 July 2013
Economic optimism is improving in the US; however, there will not be big changes in US deal volume for the remainder of 2013, according to EY Transaction Advisory Services.

June 2013


Ernst & Young announces Entrepreneur Of The Year® 2013 Award winners in Northeast Ohio
Cleveland, 27 June 2013
Ernst & Young LLP today announced the Ernst & Young Entrepreneur Of The Year® 2013 Award winners in Northeast Ohio.

Ernst & Young announces Entrepreneur Of The Year® 2013 Award winners in Midwest
Chicago, 28 June 2013
Award recognizes entrepreneurial excellence in nine categories

New Office Managing Partner Named for Ernst & Young's Houston office
Houston, 28 June 2013
The largest Texas office of global firm Ernst & Young, now led by Deborah L. Byers.

Ernst & Young announces Entrepreneur Of The Year® 2013 Award winners in South Central Ohio & Kentucky
Cincinnati, 27 June 2013
Award recognizes entrepreneurial excellence in 10 categories

Ernst & Young announces Entrepreneur Of The Year® 2013 Award winners in New England
Boston, 27 June 2013
Ernst & Young LLP today announced the Ernst & Young Entrepreneur Of The Year® 2013 Award winners in New England.

UT Identifies 10 Game-Changing Supply Chain Trends
Knoxville, Tenn., 27 June 2013
A recent report from the University of Tennessee, Knoxville, has pinpointed 10 game-changing supply chain trends that can help companies improve their operations.

Macroeconomic trends and a slow growth rate pose greatest threat to insurance industry
New York, 27 June 2013
As insurers adjust to a new environment of lower asset returns and stricter regulation, macroeconomic trends and a slow growth rate top the industry’s risk agenda, according to a new report released today by Ernst & Young Business Pulse: Exploring the dual perspectives of the top risks and opportunities in 2013 and beyond. Ernst & Young report highlights top 10 risks for insurers.

Ernst & Young announces Entrepreneur Of The Year® 2013 Award winners in Maryland
Baltimore, 26 June 2013
Ernst & Young LLP today announced the Ernst & Young Entrepreneur Of The Year® 2013 Award winners in Maryland.

2013 proxy season shows increased company attention to governance activity and investors
New York, 25 June 2013
Ernst & Young LLP proxy season review identifies top 10 governance trends

Ernst & Young announces Entrepreneur Of The Year® 2013 Award winners in Northern California
San Jose, Calif., 24 June 2013
Ernst & Young LLP today announced the Ernst & Young Entrepreneur Of The Year® 2013 Award winners in the Northern California region. Award recognizes entrepreneurial excellence in 8 categories

Ernst & Young announces Entrepreneur Of The Year® 2013 Award winners in Western Pennsylvania and West Virginia
Pittsburgh, 22 June 2013
Ernst & Young LLP today announced the Ernst & Young Entrepreneur Of The Year® 2013 Award winners in Western Pennsylvania and West Virginia. Award recognizes entrepreneurial excellence in nine categories.

Ernst & Young announces Entrepreneur Of The Year® 2013 Award winners in Michigan and Northwest Ohio Region
Detroit, 21 June 2013
Award recognizes entrepreneurial excellence in ten categories

Ernst & Young announces Entrepreneur Of The Year® 2013 Award winners in Greater Washington
Washington, 20 June 2013
Ernst & Young LLP today announced the Ernst & Young Entrepreneur Of The Year® 2013 Award winners in Greater Washington. Award recognizes entrepreneurial excellence in 7 categories.

Ernst & Young announces Entrepreneur Of The Year® 2013 Award winners in Greater Philadelphia
Philadelphia, 20 June 2013
Ernst & Young LLP today announced the Ernst & Young Entrepreneur Of The Year® 2013 Award winners in Greater Philadelphia. Award recognizes entrepreneurial excellence in 10 categories.

EY announces Entrepreneur Of The Year® 2013 Award winners in the Southwest Area North program
Dallas, 22 June 2013
Ernst & Young LLP has announced the EY Entrepreneur Of The Year® 2013 Award winners in the Southwest Area North region, which includes, Texas, Oklahoma.

Ernst and Young announces Entrepreneur Of The Year 2013 Award recipients in the Utah Region
Salt Lake City, 21 June 2013
Ernst & Young LLP today announced the EY Entrepreneur Of The Year® 2013 Award winners in the Utah Region.

EY announces Entrepreneur Of The Year® 2013 Award winners in the Mountain Desert region
Denver, 20 June 2013
Ernst & Young LLP has announced the EY Entrepreneur Of The Year® 2013 Award winners in the Mountain Desert region, which includes Colorado, Arizona and New Mexico.

IASB revised Exposure Draft marks major milestone toward global reporting consistency for insurers
London, 20 June 2013
EY today welcomes the International Accounting Standards Board’s (IASB) revised exposure draft Insurance Contracts (the revised ED).

EY announces Entrepreneur Of The Year® 2013 Award winners in New York
New York, 19 June 2013
Award recognizes entrepreneurial excellence in 10 categories

EY announces Entrepreneur Of The Year® 2013 award recipients in Greater Los Angeles
Los Angeles, 18 June 2013
Ernst & Young LLP today announced the EY Entrepreneur Of The Year® 2013 award recipients in Greater Los Angeles. The awards program recognizes outstanding high-growth entrepreneurs who demonstrate excellence and extraordinary success in such areas as innovation, financial performance and personal commitment to their businesses and communities.

“The Power of Advanced Security Analytics” webcast July 17, to focus on the use of analytics in data security
New York, 18 June 2013
Securonix and Ernst & Young LLP invite professionals to join the first in a series of webinars to discuss the core techniques and use cases for advanced security analytics that companies should employ when it comes to data security.

Global survey reveals critical role sports play for female executives in leadership development and teamwork in business
New York, 18 June 2013
New global research released today shows the important role of sports in the development of leadership skills for female executives and their ability to motivate teams.

Ernst & Young LLP Announces Newest Tax Hires
New York, 18 June 2013
Ernst & Young LLP announces new tax partners, pricinpals and executive directors.

EY announces Entrepreneur Of The Year® 2013 Award winners in New Jersey
Iselin, N.J., 14 June 2013
Award recognizes entrepreneurial excellence in 10 Categories

EY announces Entrepreneur Of The Year® 2013 Award winners in the Gulf Coast Area
Houston, 14 June 2013
Award recognizes entrepreneurial excellence

EY announces Entrepreneur Of The Year® 2013 Award winners in Upper Midwest
Minneapolis, 13 June 2013
Award recognizes entrepreneurial excellence in 10 categories.

EY announces Entrepreneur Of The Year® 2013 award winners in San Diego
San Diego, 13 June 2013
Ernst & Young LLP today announced the EY Entrepreneur Of The Year® 2013 award winners in San Diego.

Ernst & Young LLP Streamlines Delivery Of Business Tax Compliance And Reporting Services To Enhance Client Experience
New York, 11 June 2013
Simplifies client processes with EYTaxSpace

EY announces Entrepreneur Of The Year® 2013 Award winners in Orange County
Irvine, Calif., 7 June 2013
Award recognizes entrepreneurial excellence in six categories.

Ernst & Young LLP adds supply chain and sustainability policy professional to its climate change and sustainability services practice
New York, 6 June 2013
Ernst & Young LLP announced today the addition of Nancy Gillis to the firm’s Climate Change & Sustainability Services practice.

EY announces Entrepreneur Of The Year® 2013 Award winners in Central Texas
Austin, 6 June 2013
Ernst & Young LLP today announced the EY Entrepreneur Of The Year® 2013 Award winners in Central Texas.

US E&P spending reaches new heights
Houston, 4 June 2013
EY’s 6th annual US oil and gas reserves study reveals oil and gas producers boosted 2012 capital expenditures and production despite lower profits

May 2013


EY announces Entrepreneur Of The Year® 2013 finalists in Michigan and Northwest Ohio
Detroit, 28 May 2013
Ernst & Young LLP today announced the finalists for the Ernst & Young Entrepreneur Of The Year® 2013 Award in the Michigan and Northwest Ohio region.

Mike Garvey to receive Ernst & Young LLP Entrepreneur Of The Year® 2013 Lifetime Achievement Award in Pacific Northwest
Seattle, 29 May 2013
Ernst & Young LLP today announced that Seattle-based entrepreneur Mike Garvey, co-founder and retired Chairman of Saltchuk Resources, Inc., will receive the Entrepreneur Of The Year® 2013 Lifetime Achievement Award for the Pacific Northwest.

EY announces Entrepreneur Of The Year® 2013 finalists in New York
New York, 17 May 2013

EY announces Entrepreneur Of The Year® 2013 finalists in Greater Philadelphia
Philadelphia, 15 May 2013
Ernst & Young LLP today announced the finalists for the Ernst & Young Entrepreneur Of The Year® 2013 Award in Greater Philadelphia.

EY announces Entrepreneur Of The Year® 2013 finalists in the Mountain Desert region
Denver, 15 May 2013
Ernst & Young LLP today announced the finalists for the EY Entrepreneur Of The Year® 2013 Award in the Mountain Desert region which encompasses Colorado, Arizona and New Mexico.

New Ernst & Young LLP and Boston College survey of sustainability experts examines the benfits of the GRI Sustainability Framework and the risks of not reporting
New York, 15 May 2013
In today’s competitive business environment, sustainability reporting is evolving into a core business practice for companies around the world because they say it provides a competitive advantage.

Five Things Every Organization Should Know about Detecting and Responding to Targeted Cyberattacks
Rolling Meadows, Ill., 15 May 2013
The advanced persistent threat (APT) is waging an all-out attack on enterprises’ intellectual property. Yet most companies continue to try to protect themselves using approaches that are years out of date.

500 Ernst & Young LLP Professionals Donate Time and Talent To Raise the Financial IQ of NYC Kids
New York, 15 May 2013
Up to 500 Ernst & Young LLP professionals will fan out across the city to deliver financial literacy, entrepreneurship, college, and career-readiness education to up to 3,000 K-12 NYC public school students in a single day as part of their annual EY Connect Day, the organization’s day of community service.

EY announces Entrepreneur Of The Year® 2013 finalists in Northeast Ohio
Cleveland, 14 May 2013
Ernst & Young LLP today announced the finalists for the EY Entrepreneur Of The Year® 2013 Award in Northeast Ohio

All systems go: Ernst & Young LLP encourages high-growth companies to 'shoot for the moon' and develop a well-constructed board to increase chances of long-term success
New York, 14 May 2013
New whitepaper reveals keys to building the right team to drive growth

EY Announces Finalists for 2013 Entrepreneur Of The Year® Awards in San Diego
San Diego, 13 May 2013
Ernst & Young LLP today announced 16 finalists for the EY Entrepreneur Of The Year® 2013 Award in San Diego.

EY announces Entrepreneur Of The Year® 2013 finalists in the South Central Ohio & Kentucky region
Cincinnati, 10 May 2013
Ernst & Young LLP today announced the finalists for the EY Entrepreneur Of The Year® 2013 Award in the South Central Ohio and Kentucky region.

EY announces Entrepreneur Of The Year® 2013 finalists in Western Pennsylvania and West Virginia region
Pittsburgh, 10 May 2013
Ernst & Young LLP today announced the finalists for the EY Entrepreneur Of The Year® 2013 Award in the Western Pennsylvania and West Virginia region.

Ernst & Young LLP plans to increase campus recruiting for 4th consecutive year and is recognized for excellence by Universum and ERE
New York, 9 May 2013
Ernst & Young LLP announced today that it plans to recruit 6,300 students from US campuses in fiscal year 2014, marking a 5% increase from its 2013 fiscal year ending June 30.

Ernst & Young LLP seeks ambitious women entrepreneurs for its 2013 Entrepreneurial Winning Women Program
New York, 9 May 2013
Seventy percent of Entrepreneurial Winning Women report thinking bigger, setting higher business growth goals as a result of program, according to recent poll results

EY Announces Finalists for 2013 Entrepreneur Of The Year® Awards in Orange County
Irvine, Calif., 8 May 2013
Ernst & Young LLP today announced 18 finalists for the EY Entrepreneur Of The Year® 2013 Award in Orange County.

EY announces Entrepreneur Of The Year® 2013 finalists in Gulf Coast Area Awards program
Houston, 7 May 2013
Ernst & Young LLP today announced the finalists for the EY Entrepreneur Of The Year® 2013 Award in the Gulf Coast Area.

US companies exposed to heightened risk of fraud and financial manipulation in their EMEIA operations
New York, 7 May 2013
Findings from EY's 2013 Europe, Middle East, India and Africa (EMEIA) Fraud Survey, Navigating today's complex business risks, show that one in five employees surveyed are aware of financial manipulation in their own company in the last 12 months.

Companies recognizing sustainability related risk, but lacking appropriate assessment, according to new Ernst & Young LLP report
New York, 7 May 2013
A new Ernst & Young LLP / GreenBiz Group study—2013 six growing trends in corporate sustainability—reveals that companies are increasingly connecting the dots between risk management and sustainability by making sustainability issues more prominent on corporate agendas.

EY announces Entrepreneur Of The Year® 2013 finalists in Pacific Northwest
Seattle, 6 May 2013
Ernst & Young LLP today announced the finalists for the EY Entrepreneur Of The Year® 2013 Award in the Pacific Northwest.

Ernst & Young LLP’s Carl Smith named to Consulting magazine's 2013 Top 25 Consultants list
New York, 6 May 2013
Ernst & Young LLP announced that Carl Smith, Advisory People Leader for the firm and the Americas Advisory People Leader for the global EY organization, has been named to Consulting magazine’s Top 25 Consultants list for 2013.

EY announces Entrepreneur Of The Year® 2013 finalists in Southwest Area North Awards program
Dallas, 3 May 2013
The awards program recognizes high-growth entrepreneurs who demonstrate excellence and extraordinary success in such areas as innovation, financial performance and personal commitment to their businesses and communities.

EY announces Entrepreneur Of The Year® 2013 finalists in Maryland
Baltimore, 3 May 2013
Ernst & Young LLP today announced the finalists for the EY Entrepreneur Of The Year® 2013 Award in Maryland.

Expectations fading among corporate and tax executives when it comes to recent legislative events and tax reform, according to Ernst & Young LLP
New York, 1 May 2013
The ongoing discussion surrounding tax reform continues to be a topic of interest and debate according to survey findings released at Ernst & Young LLP’s Eighth Annual Domestic Tax Conference in New York.

EY announces Entrepreneur Of The Year® 2013 finalists in the Midwest Region
Chicago, 1 May 2013
Ernst & Young LLP today announced the finalists for the EY Entrepreneur Of The Year® 2013 Award in the Midwest region.

EY announces Entrepreneur Of The Year® 2013 finalists in New Jersey
Iselin, N.J., 1 May 2013
Ernst & Young LLP today announced the finalists for the EY Entrepreneur Of The Year® 2013 Award in the New Jersey Region.

April 2013


Multinationals failing to adopt transformative payroll techniques to compete and expand in the global marketplace
New York, 30 April 2013
According to EY’s Global Payroll: Myth or Reality survey, the majority of multinational companies want improvement in their current payroll practices, yet they are skeptical about whether payroll providers can deliver a comprehensive global solution.

EY announces Entrepreneur Of The Year® 2013 finalists in Greater Washington
McLean, Wash., 26 April 2013
The awards program recognizes high-growth entrepreneurs who demonstrate excellence and extraordinary success in such areas as innovation, financial performance and personal commitment to their businesses and communities.

EY announces Entrepreneur Of The Year® 2013 finalists in the Central Midwest Region
St. Louis, 25 April 2013
Ernst & Young LLP today announced the finalists for the EY Entrepreneur Of The Year® 2013 Award in the Central Midwest region.

Ernst & Young LLP named to the top 10 of The DiversityInc Top 50 Companies for Diversity for the fifth consecutive year
New York, 24 April 2013
Ernst & Young LLP was honored as No. 4 on The 2013 DiversityInc Top 50 Companies for Diversity list yesterday evening, advancing two spots from its 2012 ranking.

Biotech industry has “implementation gap” around demonstrating the value of products under development
Chicago, 23 April 2013
The global biotechnology industry continued on a path of recovery in 2012 as public companies in the sector achieved top- and bottom-line growth for the third straight year even while R&D spending remained under pressure at many companies.

US natural gas prices reach two-year high
Houston, 23 April 2013
Cutbacks in US natural gas drilling and production and higher North American demand combined to decrease storage levels and raise prices above $4/mmbtu in the first quarter of 2013, according to EY Oil & Gas Center’s quarterly analysis.

Ernst and Young LLP recognized as best overall consultancy by Operational Risk and Regulation four years running
New York, 22 April 2013
Ernst & Young LLP announced today that for the fourth year in a row it has received the award for best overall consultancy by Operational Risk & Regulation and a group of financial services industry experts.

Confidence Paradox: Executives Set for Bolder Dealmaking Future, but Action will Take Time, According to EY
New York, 22 April 2013
As confidence in the global economy returns and credit availability improves; deal volumes are likely to see modest improvement as companies’ focus on growth rebounds, according to EY’s latest Global Capital Confidence Barometer, based on a survey last month of almost 1,600 senior executives in 50 countries around the world.

Ernst & Young LLP adds supply chain and risk management professionals to its climate change and sustainability services practice
New York, 18 April 2013
Ernst & Young LLP announced today the addition of Andrew Essreg and Carol Casazza Herman to the firm’s Climate Change & Sustainability Services practice.

John Parcell joins Ernst & Young LLP's National Tax practice
New York, 17 April 2013
John Parcell, former Deputy Tax Legislative Counsel with the Department of Treasury, has joined EY’s National Tax practice.

Shareholder proposals show investors are pushing for more disclosure and enhanced sustainability reporting
New York, 16 April 2013
A new Ernst & Young LLP report reviews environmental and social shareholder-sponsored proposals and shows how today’s investors are framing conversations on corporate sustainability.

Wealth Managers Increase Focus and Spending on Technology to Improve Advisor Experience
New York, 15 April 2013
Leveraging technology to provide a better experience for clients and advisors will be the strategic focus among wealth managers over the next two to five years, according to Ernst & Young LLP’s wealth management survey, Enhancing the advisor and customer experience through technology: 2012 Americas wealth management study, released today.

Could Europe be next major destination for investors in non-performing loans?
New York, 15 April 2013
Although the US non-performing loan (NPL) market remained active in 2012 and the focus of many global investors, according to Flocking to Europe: EY 2013 non-performing loan report, Europe is emerging as an NPL market in its own right, with an estimated €1 trillion of NPLs now on the balance sheets of the region’s banks.

Ernst &Young announces Entrepreneur Of The Year® 2013 finalists in the Utah Region
Salt Lake City, 11 April 2013
Ernst & Young LLP today announced the finalists for the EY Entrepreneur Of The Year® 2013 Award in the Utah Region.

EY announces Entrepreneur Of The Year® semifinalists in Greater Los Angeles
Los Angeles, 10 April, 2013
Ernst & Young LLP announced today the semi-finalists for the EY Entrepreneur Of The Year® 2013 Award in Greater Los Angeles.

EY announces Entrepreneur Of The Year® semifinalists in Northern California
San Jose, 8 April 2013
Ernst & Young LLP today announced the semi-finalists for the EY Entrepreneur Of The Year® 2013 Award in the Northern California region.

EY announces Entrepreneur Of The Year® semifinalists in Pacific Northwest
Seattle, 8 April 2013
Ernst & Young LLP today announced the semifinalists for the EY Entrepreneur Of The Year® 2013 Award in the Pacific Northwest.

Ernst & Young LLP announces Entrepreneur Of The Year® semifinalists in San Diego
San Diego, 1 April, 2013
Ernst & Young LLP today announced the semifinalists for the EY Entrepreneur Of The Year® 2013 Award in the San Diego region.

March 2013


Semphonic joins Ernst & Young LLP, expanding its digital measurement
New York, 29 March 2013
Ernst & Young LLP announced today that Semphonic, a leading digital measurement and data analytics consulting firm, has joined EY in the U.S.

Ernst & Young LLP Advisory Services recognized as 2013 CRM Watchlist winner
New York, 29 March 2013
Ernst & Young LLP announced today that its Advisory Services practice has been named to the annual CRM Watchlist 2013, a prestigious list of leading companies developed by customer strategy consultant, Paul Greenberg.

Tax day is quickly approaching! Are you ready?
New York, 26 March 2013
The clock is ticking! The deadline for filing taxes is April 15, but that’s no excuse to leave money on the table, according to the 28th edition of the EY Tax Guide.

The Future of Work in Chicago: Contract Work Up. Loyalty Down. Demand for Traditional Benefits Holds Steady
Chicago, 22 March 2013
New Ernst & Young LLP survey explores how employers must adapt to attract and retain top talent.

Ernst & Young LLP’s Financial Services Office expands private equity business analysis and technology implementation services with the addition of former P & L Consulting leaders
New York, 22 March 2013
Ernst & Young LLP announced today that Shawn Pride, the founder and chief executive officer of P & L Consulting Group, along with her former team, have joined the firm’s Financial Services Office (FSO) in New York and Dallas. P & L Consulting Group was a boutique advisory company focused on fund administration system selection, implementation and design for private equity (PE), as well as other select alternative investment managers. In her new role, Pride will lead the US advisory services for private equity firms.

U.S. IPO Market Surges as Market Confidence Returns in Early 2013
New York, 20 March 2013
The U.S. IPO market surged in the early part of 2013. In overall equity capital markets volume, the US exchanges continue to dominate the globe, driving the most deal activity. According to EY’s Global IPO update– 24 IPOs have gone effective in Q1, raising more than $6.7 billion in proceeds.

EY tops Kennedy’s list for the highest growth rate in consulting and advisory networks in North America, Latin America, Europe, Middle East and Africa
New York, 19 March 2013
EY announced today that Kennedy Consulting Research & Advisory reported that the EY network had the highest growth rate in consulting and advisory in North America, Latin America, Europe, the Middle East and Africa (based on calendar year 2011 revenues), in Kennedy’s “Geographic Consulting Index 2012.”

Stan Hales and Andy Martyn Join Ernst & Young LLP Financial Services Transfer Pricing Group
New York, 18 March 2013
Ernst & Young LLP announced today that Stan Hales and Andy Martyn have joined the firm’s Financial Services Office (FSO) Transfer Pricing practice.

Woody Driggs named Global Advisory Customer Leader for EY Network
London, 18 March 2013
Ernst & Young LLP announced today that Woody Driggs, its Americas Customer leader, will now also serve as the Global Customer lead for the EY organization.

Global corporates question the stability of their core banking teams
London, 13 March 2013
Despite 63% of corporate executives stating that they are highly satisfied with the service they get from their core banking partners, corporate customers are questioning banks’ ability to meet expectations on 11 of 16 key performance criteria.

Company-shareholder engagement on the rise, but number of shareholder proposals continues to be high
New York, 11 March 2013
Company management teams and boards are showing a greater willingness to have substantive dialogue with their largest shareholders.

Mal Postings of EY Placed in Top 10 of ExecRank List of Top Private Company CTOs for 2012
New York, 7 March 2013
Ernst & Young LLP announced today that Mal Postings, a principal of Ernst & Young LLP and Global Chief Technology Officer (CTO) for the EY organization, has been listed in the top 10 of “Top Private Company CTOs” for 2012 by ExecRank, a ranking service of leading executives from more than 30 professions.

Ernst & Young LLP Announces Newest Tax Hires
New York, 5 March 2013
Ernst & Young LLP today announced that Melanie Dowling, David Kovar, Michael Medley, Justin Ransome, Andrew Sliwa and Clark Welton have joined the firm as partners, along with Robbert Kaufman as principal, and Patricia Chaback, Colleen Driscoll, Ronald Fecso, Michael Harper, Hiroyuki Kawamata, Megan Mahony, Vincent Morris, Maureen Nelson, Donna Rutter, Alex Thacher, Akihiko (Aki) Tsuda and James (Brent) Walker as executive directors.

Ernst & Young LLP Recognized With US President's Volunteer Service Award
New York, 5 March 2013
At its quarterly Board of Directors meeting held earlier today, Junior Achievement USA® (JA) presented Ernst & Young LLP with a 2011-2012 Silver US President's Volunteer Service Award for providing the organization with significant volunteer resources during the year.

Ernst & Young LLP receives 2013 Association of Management Consulting Firms Award for new and digital media
New York, 5 March 2013
Ernst & Young LLP announced today that it is the recipient a 2013 Association of Management Consulting Firms (AMCF) Award for Value and Excellence in Consulting in new and dig

February 2013


Cyber attacks and pending regulations spur businesses and governments to seek greater confidence in companies' security management programs and services
New York, 27 February 2013
Corporate executives and boards of directors realize that “checking the box” on security regulations and operating fragmented security compliance programs does not make a company resilient to hazards and broadly compliant.

EY cited as a leader with “exceptional strategy" in information security consulting services
London, 11 February 2013
EY has been cited as a “leader” by Forrester Research, Inc. for information security consulting services in the February, 2013 report, “The Forrester Wave™: Information Security Consulting Services, Q1 2013".

Greg Cudahy joins Ernst & Young LLP to lead Performance Improvement practice
New York, 6 February 2013
Ernst & Young LLP announced today that Greg Cudahy, former North American Operations practice leader for Accenture, has joined the firm to lead the Advisory Services Performance Improvement group.

January 2013


Mark Beischel appointed to lead Global Consumer Products at EY
London, 31 January 2013
EY has announced the appointment of Mark Beischel as the new Global Sector Leader for Consumer Products.

Ernst & Young LLP Announces Predictive Coding for eDiscovery, Investigations
New York, 29 January 2013
Expanded technology assisted review framework helps legal counsel improve quality while saving both time and money.

EY Receives SAP® North America Partner Excellence Award 2013: “Top Services Partner – Growth”
New York, 28 January 2013
Award Presented at SAP North America Field Kick-Off Meeting 2013

US oil output continues to rise, but becoming world’s top producer is an uphill battle
Houston, 28 January 2013
According to EY Oil & Gas Center’s quarterly outlook

EY Tops List of Kennedy's Largest Global Insurance Consulting Providers
New York, 24 January 2013
EY announced today that Kennedy Consulting Research & Advisory has named the EY network leading providers of insurance consulting services globally

Evolving Technology Challenging Organizations’ Privacy Protection According to new EY report
New York, 17 January 2013
As the privacy landscape continues to evolve and mature, certain governance, technology, and regulatory trends are forming around how market conditions are impacting organizations’ privacy decisions.

Ernst & Young LLP wins two awards for outstanding service to the hedge fund industry
New York, 17 January 2013
Ernst & Young LLP, a leading service provider for start-up and established hedge funds, has received the award for Best Audit Services in the 2012 HFMWeek U.S. Hedge Fund Services Awards and was ranked as the top audit and accounting firm in Hedge Funds Review’s 2012 Service Provider Rankings.

Ernst & Young LLP selected for FORTUNE’s “100 Best Companies to Work For” list for the 15th consecutive year
New York, 17 January 2013
Ernst & Young LLP appears on FORTUNE magazine’s “100 Best Companies to Work For” list again this year, marking a milestone as the firm is honored for the 15th consecutive year.

Ernst & Young LLP Expands Transaction Advisory Services
New York, 17 January 2013
Ernst & Young LLP today announced that Orlan Boston, Steven McLeighton, Ben Pickering, Thomas Taylor, Giri Varadarajan, and Simon Western have joined the Transaction Advisory Services (TAS) practice.

Strategic Divestment Activity Expected to Increase in Next Two Years Due to Slow Economic Recovery
New York, 16 January 2013
According to a new survey from EY, companies are increasingly refocusing on divestitures with more than three-quarters of respondents saying that they intend to accelerate their divestment strategy over the next two years.

Latin American Insurers Poised for Profitable Growth In Spite of an Increasingly Competitive Landscape, EY report
New York, 15 January 2013
In spite of increased competition in the Latin American market, insurers will sustain growth and profitability in 2013 due to emerging middle classes, knowledge-driven innovation in products and distribution, and advanced risk and capital management, according to EY’s new Global Insurance Center 2013 Latin American Insurance Outlook.

Ernst & Young LLP book on political appointees cites examples from Obama’s first term
Washington, 9 January 2013
Study of 32 top political appointees provides insight into selection and preparation process and management challenges of political leadership

Ernst & Young LLP marks 40 years tabulating Golden Globe Awards
Los Angeles, 7 January 2013
Award season kicks off with 70th annual Golden Globes

Big pharma will increasingly tap M&A to close $100 billion growth gap, but path to deals grows more complex
San Francisco, 7 January 2013
Big pharma will increasingly tap M&A to close $100 billion growth gap, but path to deals grows more complex

Ernst & Young LLP hosts leadership development event for underrepresented minority students and fifth annual business school roundtable
New York, 3 January 2013
In a continued effort to attract underrepresented minority talent to professional services, Ernst & Young LLP will host its seventh annual Discover EY event from Jan. 3-5.