Press release

Ernst & Young LLP Announces New Executive Director in Houston

Houston, 22 July 2013

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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. Innes is a Certified Public Accountant with more than 25 years of forensic accounting experience. 

“The increased regulatory and enforcement scrutiny that faces the energy industry continues to challenge a sector that already operates in geographies with heightened risk. We are committed to helping our clients mitigate these risks posed by fraud and conflict,” said Brian Loughman, Americas Leader of Fraud Investigation & Dispute Services for the global EY organization. “Phil adds an exciting dimension of experience and market connectivity to the firm’s Southwest and Energy practices while also providing deep technical expertise, practice management and business development skills.”

Innes joins Ernst & Young LLP from FTI Consulting. He has significant energy experience, including deep investigative and dispute experience in upstream oil and gas and oil field services. He has focused on both litigation and investigations, including helping companies proactively improve their compliance programs and internal controls. Innes has been involved with oil and gas financial statement investigation issues, stock options back dating, energy trading and other complex financial investigations. He has also served as a compliance monitor, being approved for this role by the US District Attorney in the Southern District of New York. Innes has been recognized as an expert in financial related areas by Federal and State courts as well as domestic and international arbitration panels.

Innes holds a BS in Accounting from the University of Scranton and is a CPA and CVA.

Ernst & Young’s Fraud Investigation & Dispute Services
Dealing with complex issues of fraud, regulatory compliance and business disputes can detract from efforts to achieve your company’s potential. Better management of fraud risk and compliance exposure is a critical business priority – no matter the industry sector. With more than 2,000 fraud investigation and dispute professionals around the world, we assemble the right multidisciplinary and culturally aligned teams to work with you and your legal advisors. And we work to give you the benefit of our broad sector experience, our deep subject matter knowledge and the latest insights from our work worldwide. It’s how EY makes a difference.

About EY
EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.

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This news release has been issued by Ernst & Young LLP, member firm of EY serving clients in the US.