New Inductees to be Honored at Celebratory Gala Nov. 11
FLORHAM PARK, N.J., Sept. 6 /PRNewswire/ -- Financial Executives
International (FEI), the preeminent association for financial executives,
today announced that Thomas Jones, Vice Chairman of the International
Accounting Standards Board and Samuel Siegel, former Vice Chairman, CFO,
Treasurer & Secretary for Nucor Corporation have been selected as inductees
for the 2007 class of the FEI Hall of Fame. The FEI Hall of Fame,
co-sponsored by Deloitte & Touche USA LLP, recognizes individuals who
epitomize the performance, leadership and integrity of the most exemplary
financial executives throughout their careers.
Thomas Jones and Samuel Siegel will join past inductees Dennis R.
Beresford, Frank J. Borelli, F. Gorham Brigham, Jr., Robert W. Moore and
Charles H. Noski in this prestigious honor, which was established in 2006
to commemorate FEI's 75th Anniversary as an organization serving financial
executives. The 2007 class of inductees will be formally honored at an
induction ceremony at the FEI Hall of Fame Gala Dinner on November 11, 2007
in New York City. Additional information on the event can be found at
http://www.feihall.org.
"FEI's Hall of Fame gives our organization and the financial community
an opportunity to pause and applaud the accomplishments of some of our
finest financial executives, and Mr. Jones and Mr. Siegel are truly fitting
of this honor," said Michael P. Cangemi, President and CEO of Financial
Executives International. "The outstanding leadership of our 2007 inductees
is a model that we should all aim for as finance professionals, and I
congratulate them on joining this elite class."
"The high caliber of financial leaders who make up the FEI community is
second to none, and this year's Hall of Fame class is no exception," said
Richard Woodward, principal, Deloitte Consulting LLP and leader of the
Deloitte CFO Center of Excellence. "These leaders represent many of the
qualities that we at Deloitte strongly embrace. We are proud to be a
premier sponsor of FEI's Hall of Fame, and we join in congratulating the
2007 inductees on a job well done."
A look at the inductees' significant accomplishments and impact on the
financial community includes:
Thomas E. Jones was appointed to the International Accounting Standards
Board (IASB) in January 2001. Mr. Jones has held numerous significant
leadership positions throughout his career and has nearly 40 years of
experience in various aspects of international financial reporting. Prior
to his current position, Mr. Jones held high ranking positions at Citicorp
for nearly two decades, most recently as the Principal Financial Officer
and Executive Vice President where he was responsible for financial
reporting issues spanning more than 100 countries.
Mr. Jones previously served successively for the International
Accounting Standards Committee (IASC) as a vice-chairman and member of the
Executive Committee (1998-2000) and as Chairman (2000-2001). He has also
held the position of Chairman of FEI's Committee on Corporate Reporting,
and served as trustee of the Financial Accounting Foundation and as a
member of the Financial Accounting Standards Board's (FASB) Emerging Issues
Task Force. His role there contributed significant impact to the
development of new accounting standards and he is credited by his peers
with developing the ongoing dialogue between the IASB and standard setting
organizations around the world.
Samuel Siegel served nearly four decades at Nucor Corporation until his
retirement in 1999, most recently as the company's vice chairman, chief
financial officer, treasurer and secretary. Mr. Siegel became controller of
Nucor in 1964, and was largely attributed with reorganizing the company
into what is now the largest steel producer in the United States. Well
regarded by his peers for building a new financial management culture
within Nucor, he was honored in a closing bell ceremony at the New York
Stock Exchange in 1999.
Prior to joining Nucor, Mr. Siegel held positions with Touche Ross,
Dellwood Dairy, Seaporcel Metals, Topps Chewing Gum and Swift & Company. He
has been an FEI member since 1965 and has also had affiliations with the
American Institute of CPA's and the American Society of Corporate
Secretaries. He is also well known as a guest lecturer for a number of high
level financial venues.
Nominees were evaluated on their exceptional attributes in categories
considered essential to executive excellence, including individual and
organizational performance, leadership, integrity and respect for others,
innovation and community involvement. Inductees were selected by a
committee comprised of corporate leaders that include current and past FEI
leadership.
About FEI
Financial Executives International is the leading advocate for the
views of corporate financial management. Its 15,000 members hold
policy-making positions as chief financial officers, treasurers and
controllers. FEI enhances member professional development through peer
networking, career management services, conferences, teleconferences and
publications. Members participate in the activities of 85 chapters, 74 in
the U.S. and 11 in Canada. Visit http://www.fei.org for more information.
About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss
Verein, its member firms and their respective subsidiaries and affiliates.
As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any
of its member firms has any liability for each other's acts or omissions.
Each of the member firms is a separate and independent legal entity
operating under the names "Deloitte", "Deloitte & Touche", "Deloitte Touche
Tohmatsu" or other related names. Services are provided by the member firms
or their subsidiaries or affiliates and not by the Deloitte Touche Tohmatsu
Verein.
Deloitte & Touche USA LLP is the U.S. member firm of Deloitte Touche
Tohmatsu. In the U.S., services are provided by the subsidiaries of
Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP,
Deloitte Financial Advisory Services LLP, Deloitte Tax LLP and their
subsidiaries), and not by Deloitte & Touche USA LLP. For additional
information, visit http://www.deloitte.com.
SOURCE Financial Executives International
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Related links:
http://www.fei.org
http://www.feihall.org
http://www.prnewswire.com/comp/310650.html /
CONTACT:
Nicole Madison of FD, +1-212-850-5647,
nicole.madison@fd.com, for Financial Executives International
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