Robert E. Denham, a partner with the law firm Munger, Tolles & Olson, LLP in Los Angeles, is the recipient of the American Institute of Certified Public Accountants' 2009 Medal of Honor.
Denham received the award today at the fall meeting of the AICPA governing Council. Kathy G. Eddy, a member of the Awards Committee and former AICPA chair, presented the award.
The Medal of Honor, the AICPA's highest honor presented to a non-CPA, is awarded to an individual whose work has influenced the profession significantly.
Denham is a public member of the Institute's Professional Ethics Executive Committee. He draws upon his experience as a practicing lawyer, board member and former CEO in providing perspective to the committee on the Code of Professional Conduct and disciplinary cases. He has served on many committee task forces charged with developing ethical guidance for the CPA profession.
He served for five years as chair of the Financial Accounting Foundation, the independent, private-sector organization with responsibility for appointment, oversight, administration and finances of the Financial Accounting Standards Board, the Governmental Accounting Standards Board and both boards' advisory councils. As Financial Accounting Foundation chair, Denham focused particularly on maintaining the independence of the FASB and GASB.
Denham was a founding member of the Independence Standards Board, which in 1997 was established jointly by the AICPA and the Securities and Exchange Commission to develop independence standards for auditors of SEC registrants.
From 1992-1998, he was chairman and chief executive officer of Salmon Inc.
Denham is chairman of the John D. and Catherine T. MacArthur Foundation, a trustee of the New School University and is vice chairman of the Good Samaritan Hospital of Los Angeles. He recently served as co-chair of the Conference Board's Executive Compensation task force. He is a member of the board of directors of Chevron Corporation, the New York Times Company, Fomento Economico Mexicano, S.A. de CV, Wesco Financial Corporation and Oaktree Capital Group LLC.
William F. Ezzell, CPA, former chairman of the Board of Directors of the American Institute of Certified Public Accountants and past president of its Foundation Board of Trustees, is the 2009 recipient of the Institute's Gold Medal Award for Distinguished Service.
The gold medal is the highest award granted by the AICPA and is given to individuals who have made appreciable contributions to the CPA profession. Ezzell received the award today at the fall meeting of the AICPA governing Council. Kathy G. Eddy, a member of the Awards Committee and former AICPA chair, presented the award.
Ezzell, national managing partner of legislative and regulatory relations in the Washington, D.C., office of Deloitte LLP, served as chairman of the AICPA from 2002-2003 and was a board member from 1998 - 2004. Holding the chairman's position at the time of the passage of the Sarbanes-Oxley Act, Ezzell was committed to restoring credibility to the accounting profession and emphasizing the profession's core values of objectivity, integrity and independence.
Ezzell began his career with Deloitte in Greensboro, N.C. He served as lead auditor on many public company audits and led Deloitte's audit practice for banks, savings and loans and mortgage banks as the firm's national audit partner for financial institutions. In 1992, he established and chaired the Accountants Coalition, a special task force created to reform the liability laws affecting the profession. This body continues to work closely with the AICPA and state CPA societies on legislative and regulatory issues.
As president of the AICPA Foundation, he spearheaded its highly successful Accounting Doctoral Scholars Program, which supports CPAs pursuing Ph.D.s in accounting. Ezzell served as Chairman of the AICPA Accountants' Legal Liability and Nominations Committees and as a member of its Strategic Planning and Special Committee on Mobility.
He is currently a member of the research advisory board for the Center for Audit Quality, an autonomous public-policy organization dedicated to enhancing investor confidence and public trust in the global capital markets, and the board of trustees for the Committee for Economic Development, a non-profit, non-partisan business led public policy organization dedicated to policy research on the major economic and social issues of our time and the implementation of its recommendations by the public and private sectors. He serves as a delegate on the U.S. Chamber of Commerce's Center for Market Competitiveness.