Bob Moritz Selected as PricewaterhouseCoopers’ U.S. Chairman and Sr. Partner

PricewaterhouseCoopers named Robert Moritz as the firm’s U.S. Chairman and Senior Partner for a four-year term beginning July 1. Moritz will succeed Dennis Nally, who will begin a four-year term as Global Chairman of the PricewaterhouseCoopers Network next month. Nally has served as the U.S. Chairman and Senior Partner since 2002.

Moritz has held a number of leadership positions at PwC. Since 2006, Moritz has led the firm’s Assurance business, which provides audit, assurance and accounting expertise, and he serves as a member of the U.S. firm’s leadership team and the global assurance leadership team. He previously served as MP of PwC’s New York office and the metro region and led the firm’s U.S. financial services practice. He joined PwC in New York in 1985.

PwC CEO Samuel DiPiazza, Jr. will be stepping down and retiring effective July 1. DiPiazza will remain with the firm until Fall 2009. DiPiazza served as CEO of PwC International Limited since 2002 and previously led the PwC U.S. firm as Chairman and Senior Partner, and was a member of the Global Leadership Team.

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

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