Saw this article by Bloomberg Law/Tax that said EY is getting a new assurance leader on April 1, went to look it up on the Google machine but EY’s landing page is missing.
Clicking this…
…gets you this:
Hmm alright, let’s try that again with a different series of search terms. There it is!
EY announced today that EY Americas Assurance Financial Services Leader Joe Link has been appointed the new EY Americas Vice Chair – Assurance, effective April 1. He’s taking over for Dante D’Egidio who will be moving on up to US managing partner.
The resume and the obligatory complementary quote from a powerful colleague:
Joe Link
With nearly three decades of experience in the global financial services marketplace, Link is recognized as a strategic executive and innovative leader, previously holding direct oversight for the financial performance and growth of the EY Americas Assurance Financial Services practice. He has provided assurance and advisory services to Fortune 500 public companies and supported organizations through IPO-readiness efforts. He also brings extensive governance experience, having advised boards, audit committees and senior management on complex business issues.
“Joe’s unwavering commitment to audit quality, innovation and developing our people, combined with his strategic perspective and decisive leadership, positions him well to lead the EY Americas Assurance practice into the future,” says Dante D’Egidio, EY Americas and US Managing Partner and CEO-elect. “I am confident he will accelerate our transformation, strengthen our culture and continue to build trust through the work we deliver every day.”
As EY Americas Vice Chair – Assurance, Link will lead a practice of almost 30,000 professionals and play a pivotal role in shaping the EY Americas Assurance strategy. In this position, he will champion exceptional client service and deepen the connection between all EY industry and service line offerings, delivering high-quality insights that help clients navigate today’s rapidly evolving business landscape. He will continue to build on the transformation and growth of the practice by prioritizing audit quality, accelerating AI and technology capabilities, fostering a strong culture of teaming across advisory and audit practices and developing the next generation of EY leaders.
“I am honored to step into this role and lead the Assurance practice at a time when trust, transparency and technological transformation are reshaping expectations for our profession,” said the EY Americas Vice Chair – Assurance-elect. “I look forward to working with our talented teams to continue delivering audit quality, advancing innovation through the thoughtful adoption of AI and technology and supporting confidence in the capital markets and the clients we serve.”
Current official EY catchphrase “all in” appears exactly zero times in the press release. Guess they’re not going to spam that one everywhere like they did with building a better working world.
Charlie Gasparino is reporting that the SEC probe in the Lehman Brothers bankruptcy is “ramping up” and that the Commission is under hella-pressure to bring civil charges against Dick Fuld, Ernst & Young and whoever else is on the list.
It’s unclear if the SEC can muster the necessary proof to show that top executives like former CEO Richard Fuld or the firm’s outside auditor Ernst & Young intentionally misled investors about the health of Lehman’s balance sheet in the months before it filed for bankruptcy in mid-September 2008, according to people close to the probe…It’s unclear when any charges might be filed by the SEC, but people close to the inquiry say the SEC believes it does bring one, it must do so “very soon,” possibly within a few months given a combination of the outrage over the report’s findings and that Lehman’s bankruptcy is going on two years old.
Okay, so things are urgent but not that urgent. It’ll be Father’s Day maybe the 4th of July by the time we get a Mary Schapiro smackdown.
But that’s not all! Things are really serious at Ernst & Young now because Charlie reports that E&Y “has hired high-profile white-collar attorney William McLucas as its outside counsel in the matter, people close to the firm say. McLucas had been the SEC’s enforcement chief before entering private practice.” We checked with our friends over at ATL and it turns out that Mr McLucas is a partner at high-powered WilmerHale and was lead counsel to the special committee of the Enron Board that reported “hard-hitting findings” (sayeth he).
Since Mr McLucas doesn’t take shit from the likes of short-seller Jim Chanos, we’ll take Charlie’s word that things are pretty serious over at 5 Times Square.
E&Y spokesman Charlie Perkins declined to comment.
This shows how elite the financial service group is. Most high end leaders come from this area.
Hi name is Joe Link, you click the link and it doesn’t work.
Made me laugh in accounting language