| | Dennis M. Nally has been elected chairman of the PricewaterhouseCoopers International Network for a four-year term beginning on 1 July, 2009. PwC member firms worldwide ratified the selection of Nally, 56, by the PricewaterhouseCoopers Global Board.
Samuel A. DiPiazza, Jr., the current chairman announced last November that he was retiring after a 35-year career with the firm. He will remain with PwC for a transition period and will formally retire later in 2009.
Nally has served as the chairman and senior partner of PricewaterhouseCoopers LLP, the PwC United States member firm, since 2002 and is a member of the global PwC Network Leadership Team and chair of PwC's | |
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| | Network Strategy Council. Nally’s successor as chairman of PwC US will be announced later this year following an election process.
Nally joined PwC in the US in 1974 and became a partner in 1985. Prior to being elected US firm chairman, he served in a variety of leadership and client services roles. Recently, he led an extensive review of PwC's global structure, which resulted in significant enhancements to the global network that were implemented in late 2008. As chairman, Nally will continue to serve on the PwC Network Leadership Team along with his successor as chairman of PwC US; Ian Powell, chairman of PwC UK; Silas Yang, chairman of PwC China Hong Kong; and Hans Wagener, | |
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| | throughout our network."
Paul V. Brasher, chairman of PwC’s Global Board, said: “Dennis Nally has been a very successful and committed leader of the PwC US firm for almost seven years. During this time he has built strong relationships around the PwC network as well as with clients and regulators. He has all the experience and leadership abilities needed to serve as chairman of PwC's international network.
“I would also like to thank Sam DiPiazza for his dedication to PwC over the course of his career and particularly for the two full terms he led the PwC network, through a period of huge change and expansion. He has been a superb ambassador for PwC right across the world.”
Nally has extensive | |
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| | experience serving large multinational clients in a variety of industries, principally focusing on the technology market and life sciences. He is a member of the American Institute of Certified Public Accountants and the New York State Society of CPAs. He serves on the Board of Directors of the US Chamber of Commerce and the Partnership for New York City, as well as Duke University's Fuqua School of Business Board of Visitors, The Carnegie Hall Society Board of Trustees and The Business Roundtable.
A graduate of Western Michigan University, Nally also completed the Columbia University and Penn State University Executive Programs. He and his family reside in New Canaan, CT. | |
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