2009 Keynote Biographies

LUBIN FORUM ON CONTEMPORARY ACCOUNTING ISSUES
International Accounting Standards:
Going from the Talk to Doing the Walk

Thursday, April 30, 2009

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Keynote Biographies

Samuel A. DiPiazza, Jr.
  [Samuel A. DiPiazza, Jr.]
Samuel A. DiPiazza, Jr. has served as CEO of PricewaterhouseCoopers International Limited since 2002. Prior to that he led the PricewaterhouseCoopers US Firm as Chairman and Senior Partner and was a member of the Global Leadership Team.

Mr. DiPiazza joined PricewaterhouseCoopers in 1973 and became a partner in 1979. He was elected to the Firm Council in 1986 and headed the Birmingham, Alabama and Chicago, Illinois offices before being named Midwest Regional Managing Partner in 1992. Two years later he became the Regional Managing Partner of the New York Metro Region with a dual role as Client Service Vice-Chairman. In 1998, Mr. DiPiazza was named the Americas Leader for Tax and Legal Services for PricewaterhouseCoopers and in 2000 he was elected Chairman and Senior Partner of the US firm.

Mr. DiPiazza currently serves as a Trustee of the International Accounting Standards Committee Foundation, is Chairman of the World Business Council on Sustainable Development and an Executive Committee member of the International Business Council of the World Economic Forum. Mr. DiPiazza is also the Chairman of IBLAC (International Business Leaders Advisory Council to the Mayor of Shanghai) and a member of the Board of the World Economic Forum Partnering Against Corruption Initiative (PACI). He has served as a Trustee for the Financial Accounting Foundation and is a member of the Executive Committee and the immediate past Chairman, Board of Trustees of The Conference Board, Inc.

Very active in civic affairs, Mr. DiPiazza is the past Global Chairman of Junior Achievement Worldwide, and serves as a member of the Executive Council of the Inner City Scholarship Fund and the Board of Directors of the New York City Ballet. He is also Chairman of the Audit Committee and a member of the Executive Committee of the World Trade Center Memorial Foundation as well as past President of Big Brothers/Big Sisters of New York City.

Mr. DiPiazza received a dual degree in Accounting/Economics from the University of Alabama and an MS in Tax Accounting from the University of Houston. He has been honored as Accountant of the Year by the Beta Alpha Psi Society and is a recipient of the Ellis Island Medal of Honor and the INROADS Leadership Award.

In 2002, Mr. DiPiazza co-authored Building Public Trust: The Future of Corporate Reporting.

Robert Herz
  [Robert Herz]
Robert Herz was appointed Chairman of the Financial Accounting Standards Board (FASB) on July 1, 2002.

Prior to joining the FASB, Mr. Herz was PricewaterhouseCoopers North America Theater Leader of Professional, Technical, Risk & Quality and a member of the firm's Global and US Boards. He was also a part-time member of the International Accounting Standards Board. Robert is both a Certified Public Accountant and a Chartered Accountant.

Robert joined Price Waterhouse in 1974 upon graduating from the University of Manchester in England. He later joined Coopers & Lybrand, becoming its senior technical partner in 1996 and assumed a similar position with the merged firm of PricewaterhouseCoopers in 1998.

During his distinguished career, Robert has authored numerous publications on a variety of accounting, auditing and business subjects. Included among those contributions is the book, The Value Reporting Revolution: Moving Beyond the Earnings Game, which he co-authored.

Among Robert's other activities, he chaired the AICPA SEC Regulations Committee and the Transnational Auditors Committee of the International Federation of Accountants, and served as a member of the Emerging Issues Task Force, the FASB Financial Instruments Task Force, the American Accounting Association's Financial Accounting Standards Committee and the SEC Practice Section Executive Committee of the AICPA.

Tom Jones
  [Tom Jones]
Tom Jones has been vice chairman of the International Accounting Standards Board since it's creation in April 2001. He is a British chartered accountant and has worked as a preparer for almost forty years He was the Chief Accounting Officer and subsequently Principle Financial Officer of Citibank and Citicorp in New York for the past 20 years. Prior to this he held various senior financial positions in many European countries and New York with ITT.

In addition to his preparer activity he has been involved in standard setting for many years. He was chairman of the committee on corporate reporting of the FEI and also chaired the Chief Financial Officers Committee of the American Bankers association. He was a member of the Emerging Issues Task Force for many years and was a member and Vice Chairman of the Financial Accounting Foundation which overseas the activities of the FASB. He also served on the Board of the International Accounting Standards Committee and was the last Chairman of this organization during its transition to the new full time IASB.

Alan Murray
  [Alan Murray]
Alan Murray is a Deputy Managing Editor of The Wall Street Journal and Executive Editor for the Journal Online. He also has editorial responsibility for Wall Street Journal television, books, conferences, and the MarketWatch web site.

Mr. Murray spent a decade as the Journal's Washington bureau chief. He became Deputy Managing Editor in June 2008, and Executive Editor, Online, in July 2007. Prior to this he was the writer of the paper's award-winning "Business" column. He is the author of several books, including, most recently, Revolt in the Board Room: The New Rules of Power in Corporate America.

From 2002-2004, Mr. Murray served as CNBC's Washington, D.C., bureau chief and was co-host of the nightly show, "Capital Report with Alan Murray and Gloria Borger." While working at CNBC, he also wrote the Journal's weekly "Political Capital" column.

Mr. Murray joined The Wall Street Journal in 1983, as a reporter covering economic policy. He was named Washington deputy bureau chief in January 1992 and became bureau chief in September 1993. During his tenure as bureau chief, the Washington bureau won three Pulitzer Prizes, as well as many other awards.

In addition to Revolt in the Board Room, he has authored two best-selling books: The Wealth of Choices: How the New Economy Puts Power in Your Hands and Money in Your Pocket, published by Random House in 2000, and Showdown at Gucci Gulch: Lawmakers, Lobbyists and the Unlikely Triumph of Tax Reform, co-authored with Jeffrey Birnbaum and published by Random House in 1987. Gucci Gulch received the American Political Science Association's Carey McWilliams Award in 1988. Mr. Murray also garnered two Overseas Press Club awards for his writings on Asia, as well as a Gerald Loeb award and a John Hancock award for his coverage of the Federal Reserve. He received the Society of American Business Editors and Writers "Best in Business" award for his Business column.

Mr. Murray began his journalism career in June 1977 as the business and economics editor of the Chattanooga (Tenn.) Times. He joined the Congressional Quarterly in Washington as a reporter in June 1980, and the following year became a reporter at the Japan Economic Journal in Tokyo on a Luce Fellowship.

Mr. Murray serves on the Governing Council of the Miller Center for Public Affairs at the University of Virginia and is a member of the Gridiron Club, the Council on Foreign Relations and the Economic Club of New York.

Mr. Murray is a distinguished alumnus of the University of North Carolina, where he received a bachelor's degree in English literature and was a John Motley Morehead scholar, a merit scholar and a member of Phi Beta Kappa. He earned a master's degree in economics at the London School of Economics. In 2005, he completed the Stanford Executive Program at the school's Graduate School of Business.

Floyd Norris
  [Lubin Accounting Breakfast]
Floyd Norris is the chief financial correspondent of The New York Times and the International Herald Tribune. His column appears in both papers on Fridays, and a weekly analysis of financial data, called "Off the Charts," appears on Saturdays. His blog also appears on the The New York Times Web site, at norris.blogs.nytimes.com.

Norris has worked for The Times since 1988, and spent 18 months in 2004-2005 based in Paris at the offices of the International Herald Tribune.

He has been a financial columnist for most of his career at The Times, although he spent more than a year in 1998 and 1999 as a member of The Editorial Board of The Times.

Before joining The Times, Mr. Norris had been with Barron's National Business and Financial Weekly since December 1982, where he wrote "The Trader" column on the stock market.

Mr. Norris was the 2003 recipient of the Loeb Foundation's Lifetime Achievement Award for exceptional career achievements in the field of business, financial and economic news. In 2001 he received the Gerald Loeb award for distinguished Business and Financial Journalism for his insightful columns educating investors about the complexities of Wall Street. In 1998, he was cited by the Financial Writers Association of New York for outstanding lifetime achievement. In 2008, he received the lifetime acheivement award of the Society of American Business Editors and Writers.

He and his wife, Christine Bockelmann, compiled and edited The New York Times Century of Business, which was published by McGraw-Hill in late 1999.

He is a past director of the Society of American Business Editors and Writers and a former member of the board of advisers of the Knight-Bagehot Fellowship Program at Columbia University.

Mr. Norris began his career in journalism as a reporter for the College Press Service, a news service for college newspapers, in September 1969. From September 1970 to January 1972, he was a reporter and editor for The Manchester (N.H.) American, a newspaper he helped to found. From January 1972 to August 1974, he was a reporter for The Concord (N.H.) Monitor, covering the state legislature and politics. From August 1974 to December 1977, he worked for UPI. In 1977 and 1978 he was press secretary to, then, Sen. John Durkin. From 1978 to 1981 he was a business writer and editor for the Associated Press.

Born in Los Angeles on Sept. 6, 1947, Mr. Norris attended the University of California in Irvine. He was a Walter Bagehot Fellow in Economics and Business Journalism at Columbia University for two terms and received an MBA in 1982.

Mr. Norris lives in Brooklyn with his wife and son.

Edward E. Nusbaum
  [Edward E. Nusbaum]
Edward E. Nusbaum is chief executive officer and executive partner of Grant Thornton LLP, the U.S. member firm of Grant Thornton International Ltd. With more than 500 partners and nearly 6,000 U.S. employees, Grant Thornton LLP provides audit, tax and advisory services. Under Ed's leadership, Grant Thornton has tripled revenues to approximately $1.2 billion. Of the 2,000 new client engagements in 2008, revenues from new international clients accounted for more than 25 percent.

Experience
Focusing on the relationship he builds with each client and colleague, Ed has spent 30 years with Grant Thornton serving clients, assuming leadership positions and helping to shape the accounting profession. Ed is chairman of the Grant Thornton International Ltd Board of Governors. He is also an appointed member of the U.S. firm's Partnership Board and leads both the National and Senior Leadership Teams. Before becoming chief executive officer, Ed served as the firm's national managing partner of professional services, managing partner of the Philadelphia office and national director of assurance services based in New York.

Professional qualifications and memberships
Due to his leadership in high-profile professional and policy-setting groups, Ed was appointed by Securities and Exchange Commission (SEC) Chairman Christopher Cox to the SEC's Advisory Committee on Improvement to Financial Reporting (CIFiR). Members represented key constituencies in our nation's capital markets. The group, which issued its recommendations in August 2008, was charged with advising the SEC and the nation on how our increasingly complex financial reporting system can be made more useful for everyone who relies on it.

Ed is also a member of the Board of Governors for the Center for Audit Quality (CAQ). The board consists of the CEOs of major accounting firms, American Institute of Certified Public Accountants (AICPA) representatives and outside corporate board members. The Center's mission is to improve audit quality for public companies and to improve the capital market system.

In both 2005 and 2006, Ed was one of two Grant Thornton representatives invited to participate in the SEC roundtables held at their headquarters in Washington, D.C. Both public forums focused on ongoing experience with the reporting and auditing requirements of the Sarbanes-Oxley Act of 2002.

In 2006, Ed concluded his four-year tenure as a member of the Financial Accounting Standards Board (FASB) Advisory Council. For the last two of those years, he also served on FASB's Small Business Advisory Committee. Previously a member of the FASB Emerging Issues Task Force, he participated in several of the task force's working groups.

As an AICPA member, Ed served on their Talent Task Force Steering Committee, a think tank composed of representatives from seven accounting firms who shared strategies for retaining talent in the accounting profession. He also served the AICPA on their SEC Practice Section Executive Committee, Professional Issues Task Force and Auditing Standards Board (ASB). While on the ASB, Ed participated in their Audit Issues Task Force.

Ed is a Certified Public Accountant in Illinois and Pennsylvania and is the recipient of the Elijah Watts Sells Award.

Community involvement
Ed is a past member of the Philadelphia Museum of Art's Corporate Executive Board and the Philadelphia Chamber of Commerce.

Presentations and publications
Ed has authored numerous articles and has been quoted in a variety of news outlets, including: CNBC, Fox Business News, Harvard Business Review, Wall Street Journal, BusinessWeek, New York Times, Time Magazine, CFO, Bloomberg News, Financial Times, Associated Press, Nightly Business Report and Dow Jones.

Ed has led the firm in taking strong thought leadership positions including the publication of his February 2002 white paper on requisite steps for restoring credibility to the accounting profession, Five-Point Plan to Restore Public Trust. He has also written and spoken on (1) the need for stock-option expensing; (2) the responsibility to prohibit auditors from also performing internal controls work; (3) the rationale for principlesbased accounting; (4) the importance of retaining Section 404 requirements for smaller companies; (5) the case for supporting the FASB position on pension accounting; and (6) the many compelling reasons for revising lease accounting rules. Ed is a frequent speaker at seminars and conferences around the world. For the past seven years, Accounting Today has named him one of the "Top 100 People in Accounting."

Education
Ed received his Bachelor of Science degree in business administration, summa cum laude, from The Ohio State University and his Master of Science degree in management from Purdue University.