A Profile of PWC's Chief Executive

Turnover is a major concern these days with Big 5 and mid-range accounting firms, as CEOs across the board have jumped ship in favor of greener pastures, retirement or the next big "dot.com."

This is not the case with PricewaterhouseCoopers (PWC) and their chief exec, Jim Schiro. Schiro has been with his company (Price Waterhouse, originally) for 30 years, and shows no signs of leaving - or simply slowing down.

Schiro is described as a risk-taker (the possible split of PWC into three units), a company man (30 years!) and overall, progressive and forward-thinking to embrace technology for the firm.

The latest round of huge losses for PWC, amidst SEC allegations last fall that the firm compromised its independence, are seen as daily challenges for Schiro. And, his greatest accomplishment, he says, is the ability to train others to succeed.

You may like these other stories...

Here's a CPA who truly walks the walk. On March 15, Frank Ryan, CPA, departed San Diego, California, with plans to be in Ocean City, Maryland, by July 2 to teach a course at the Maryland Association of CPAs’ (MACPA...
When Theodore J. Flynn first joined the Massachusetts Society of CPAs (MSCPA) in 1970, it was a different world and a different profession.  The "Big Eight" were still headquartered in Boston. Vietnam War...
Accountant Rickey Charles Goodrich had it a little too good. Many bean counters would kill to serve as financial guru to the likes of Pearl Jam. Goodrich was hired in 2005, and the following year, he became the CFO of Curtis...

Upcoming CPE Webinars

Apr 22
Is everyone at your organization meeting your client service expectations? Let client service expert, Kristen Rampe, CPA help you establish a reputation of top-tier service in every facet of your firm during this one hour webinar.
Apr 24
In this session Excel expert David Ringstrom, CPA introduces you to a powerful but underutilized macro feature in Excel.
Apr 25
This material focuses on the principles of accounting for non-profit organizations' revenues. It will include discussions of revenue recognition for cash and non-cash contributions as well as other revenues commonly received by non-profit organizations.
Apr 30
During the second session of a four-part series on Individual Leadership, the focus will be on time management- a critical success factor for effective leadership. Each person has 24 hours of time to spend each day; the key is making wise investments and knowing what investments yield the greatest return.