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EY appoints Frank Mahoney Americas Vice Chair of Assurance

Mahoney to succeed Tom Hough

NEW YORK, Jan. 13, 2014 /PRNewswire/ -- The global EY organization announced that Frank Mahoney has been named EY Americas Vice Chair of Assurance. Mahoney brings nearly 30 years of experience to his new role, having most recently served as the EY Global Audit Transformation and Innovation Leader. Previously, he served as the Managing Partner of the Boston office of Ernst & Young LLP and as the firm's New England Area Industry Leader for EY. Previously, he served as the Managing Partner of the Boston locations and as the New England Area Industry Leader for the Retail, Consumer Products and Industrial Products practices.

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"Assurance is the cornerstone service of the EY organization and this role is key to our success.  Frank brings an outstanding blend of technical expertise, client service skills and managerial experience that is crucial to delivering uncompromised quality and service," said Steve Howe, EY Americas Managing Partner and Managing Partner of Ernst & Young LLP. "Frank follows in the footsteps of Tom Hough, who has had a significant impact on our organization and our profession, having served as a leader at EY in many capacities, including nearly five years leading the Assurance practice at Ernst + Young LLP."

Throughout his career, Mahoney has served multi-national companies in the areas of accounting, auditing, and internal controls. Additionally, he has served private middle-market companies and has worked with numerous clients during their IPO journeys.

"Executing audits in a high quality manner is our number one priority and central to our role in serving the public interest," said Mahoney. "At EY we understand the auditor's role in contributing to more transparent and trusted capital markets. I am excited about this opportunity to work closely with our teams to deliver high quality audits."

Mahoney holds a B.S.B.A. from Boston College and was elected to serve on the EY Americas Advisory Council for fiscal years 2011-13. He was also selected to be a member of the global organization's Global Account Partner Group and the EY Americas Assurance Partner Forum. Additionally, he is an active member of the Boston community, having served on numerous boards including the Greater Boston Chamber of Commerce, Catholic Charities, The United Way of Massachusetts Bay, the Massachusetts Business Roundtable and Junior Achievement. He also currently is a Trustee of Xaverian Brothers High School and the Newton Country Day School.

For more information about Ernst & Young LLP's Assurance practice, please visit http://www.ey.com/US/en/Services/Assurance.

About EY
EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.

EY refers to the global organization and may refer to one or more of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit ey.com.

This news release has been issued by Ernst & Young LLP, a member of the global EY organization that provides services to clients in the US.

SOURCE EY

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