All Press Releases for July 11, 2016

EY Announces New Leadership Promotions in San Jose

Nine new partners, principals and executive directors named



"All of our new partners, principals, and executive directors have dedicated their careers to delivering exceptional client service," said Kailesh Karavadra, San Jose Office Managing Partner.

    SAN JOSE, CA, July 11, 2016 /24-7PressRelease/ -- Ernst & Young LLP recently announced the promotions of several professionals in its San Jose office.

View images of the professionals: http://bit.ly/29rP8Ew

"All of our new partners, principals, and executive directors have dedicated their careers to delivering exceptional client service. They embody our EY core values of integrity, respect and teaming and they all personify the energy, enthusiasm and courage of a leader," said Kailesh Karavadra, San Jose Office Managing Partner. "We congratulate them on their significant contributions and achievements and look forward to their future successes."

Karavadra noted that promotions to the partner, principal, executive director and director ranks involve a rigorous selection process that recognizes each person's achievements and potential. Candidates for promotion are evaluated for professional excellence, including technical acumen, the ability to deliver exceptional client service and a commitment to the firm's purpose of building a better working world.

James W. Brundage was promoted to partner from senior manager. Brundage is a member of Ernst & Young LLP's Transaction Advisory Services practice, where he serves technology and telecommunication clients. He has more than a decade of professional services experience and provides financial and operational due diligence assistance to public and private corporations, as well as private equity investors. He has deep experience in buy- and sell-side transactions, including carve-outs and cross-border transactions, across the software, SaaS, IT and managed services, internet, communications equipment, fintech and satellite sub-segments. Brundage holds a bachelor's degree in Business Administration and a master's in Accounting from The University of Texas at Austin. Brundage is a Certified Public Accountant licensed to practice in California and a member of the American Institute of Certified Public Accountants.

Jill Franciosi was promoted to partner from senior manager. Franciosi is a member of Ernst & Young LLP's Transaction Advisory Services where she has more than a decade of experience serving corporate and private equity accounts and providing due diligence, structuring and modeling services for buy-side and sell-side transactions. She currently works with technology clients on tax consulting for strategic corporate mergers and acquisitions, and internal restructurings. Franciosi holds a bachelor's degree in Accounting from Boston University and a Juris Doctor degree from Northeastern University. She is a Certified Public Accountant licensed to practice in California and Massachusetts. Franciosi is a member of the American Institute of Certified Public Accountants and the Massachusetts Bar Association.

Terumi Katano was promoted to partner from senior manager. Katano is a member of Ernst & Young LLP's Assurance practice where she specializes in the technology industry and Japanese Business Services (JBS), as well as serving US SEC registrants. With her deep understanding of US GAAP and US and Japanese business and cultural norms, Katano plays a key leadership role as a liaison between the San Jose JBS practice and EY Japan. As part of her role, she actively develops integrated service opportunities for inbound Japanese companies. In July, Katano will begin a two-year secondment with EY Japan. Katano holds a bachelor's degree with distinction in Business and an MBA from Indiana University. She is a Certified Public Accountant licensed to practice in California and a member of the American Institute of Certified Public Accountants.

Adi Maheshwari was promoted to partner from senior manager. Maheshwari is a member of Ernst & Young LLP's Transaction Advisory Services practice, where he focuses on mergers and acquisitions. He has executed more than 110 M&A transactions ranging from $10M to $8B in a broad range of industries, with a focus on software and technology clients. Maheshwari has deep experience with divestitures, carve outs, exit readiness strategies, growth strategy development, complex revenue recognition models, internal controls and GAAP compliance. He holds a bachelor's degree in Accounting and Finance from the University of Mumbai and an MBA from the University of Illinois. He is a Certified Public Accountant licensed to practice in California and a member of the American Institute of Certified Public Accountants.

Eric C. Olson was promoted to principal from senior manager and is a member of Ernst & Young LLP's Tax practice. Olson has more than a decade of experience focusing on transfer pricing and economic analysis. He serves some of the most high-profile technology companies in Silicon Valley and specializes in intercompany pricing for tangible goods, intangibles and services, as well as multi-phase transfer pricing, intangible property (IP) valuation and migration projects. Olson holds a bachelor's degree in Mechanical Engineering and a master's degree in Business Administration from the University of California, Davis, as well as a master's degree in Mechanical Engineering from Stanford University.

Dan Scott was promoted to principal from senior manager. Scott is a member of Ernst & Young LLP's Transaction Advisory Services practice, where he helps his clients quantify and evaluate the financial aspects of major decisions. Prior to joining the firm's San Jose office, Scott worked for the firm's Assurance practice in the United Kingdom and with several technology companies. He holds a bachelor's degree in History from Lancaster University and an MBA from University College Dublin. Scott is a member of the Chartered Institute of Management Accountants in the United Kingdom.

Mike Avery was promoted to executive director from senior manager. Avery is a member of Ernst & Young LLP's Assurance practice, where he focuses on serving technology clients -- ranging from high-growth companies to mature multinational corporations. He has extensive experience advising companies through a variety of transactions and transformations, including initial public offerings, complex revenue arrangements, equity and debt transactions, business combinations and SEC reporting issues. Avery holds a bachelor's degree in Accounting from Santa Clara University and is a Certified Public Accountant licensed to practice in California and a member of the American Institute of Certified Public Accountants.

Amanda Powell was promoted to executive director from senior manager. Powell is a member of Ernst & Young LLP's Assurance practice, where she serves technology clients, including large multinational SEC registrants. As a member of EY's Quality Network, Powell supports inspection and other quality-related activities. She holds a bachelor's degree in Business Administration from San Jose State University and is a Certified Public Accountant licensed to practice in California. Powell is a member of the American Institute of Certified Public Accountants and the Honor Society of Phi Kappa Phi.

Sri Vasudevan was promoted to executive director from senior manager. Vasudevan is a member of Ernst & Young LLP's National Advisory Cybersecurity practice, where he stewards the development of innovative cybersecurity service offerings in the emerging technologies space. He is responsible for identifying and addressing cybersecurity issues affecting emerging technologies such as cloud computing, big data, medical devices, connected vehicles, IOT, artificial intelligence, augmented/virtual reality and interstellar communications. Vasudevan holds a bachelor's degree and a master's degree in Computer Engineering from Regional Engineering College and Virginia Tech, respectively. He actively supports Child Advocates of Silicon Valley, a nonprofit that helps foster children in the community achieve better outcomes. Vasudevan is a Certified Information Systems Security Professional, a Certified Information Security Manager and is certified in Risk and Information Systems Control.

About Ernst & Young LLP's Bay Area practice

Ernst & Young LLP has more than 1,900 people in its San Francisco, San Jose and Redwood Shores offices who serve a diverse client base of innovative and entrepreneurial companies spanning the technology, real estate, life sciences, consumer products, asset management and insurance, banking and capital markets, health care and social media industries. Ernst & Young LLP is a market leader in the Bay Area, serving more than 75% of the region's companies listed on the Silicon Valley 150.

The firm celebrates the successes of Northern California's entrepreneurs through its EY Entrepreneur Of The Year program, founded in 1986. Ernst & Young LLP's San Jose office is also home to EY's Global Technology Center, which brings together worldwide teams of professionals with deep technical and industry knowledge.

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, an EY member firm serving clients in the US.

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