William_G._Parrett
William G. Parrett
American businessman (born 1945)
William G. Parrett (born June 4, 1945) is an American businessman and senior manager who has served public, private, governmental, and state-owned clients worldwide. In October 2008, Parrett was elected to the board of directors of UBS AG[1] and, in November 2014, to the Board of Directors of UBS Group AG.[2][3] In May 2018, he stepped down from this role and was focussing on the position of President of UBS Americas Holding LLC.
William G. Parrett | |
---|---|
Born | (1945-06-04) June 4, 1945 (age 78) |
Nationality | American |
Education | St. Francis College, New York |
Occupation(s) | Founder of the US National Financial Services Industry Group and the Global Financial Services Industry Group of Deloitte, CPA, management in finance |
Board member of | UBS Americas Holding LLC, Blackstone Group, the Eastman Kodak Company, Thermo Fisher Scientific Inc., IGATE Corporation |
Spouse | Diane Parrett |
Children | 6 |
Parrett graduated with an undergraduate degree (BBA) in accounting from St. Francis College, New York, in 1967.[4] He then became a certified public accountant.[5] In April 2007, he was given an honorary degree of Doctor of Humane Letters by his alma mater.[6]
Parrett was the chairman of the board of the United States Council for International Business from April 2005 through March 2010.[7] Prior to that, Parrett was the CEO of Deloitte Touche Tohmatsu from 2003[8] until he retired from his position in 2007. In 1995, he founded US Deloitte's Global Financial Services Industry Group. He served on Deloitte's Global Executive Committee from 1999 to 2007.[9] In 1997, he also founded the Global Financial Services Industry Group, which he led as chairman.[10][11] In UBS, Parrett chaired the Audit Committee since 2009, had been a member of the Corporate Culture and Responsibility Committee since 2012 and member of the Compensation Committee since 2015.[12]
His previous positions include a board membership at the International Chamber of Commerce, chairman of the board of the United Way Worldwide and a trustee of the Catholic University of America.[13] He has provided service to many of the Deloitte's leading clients serving as an Advisory or Leadership Partner, among others to General Motors, Merrill Lynch & Co., Abbott Laboratories, Metropolitan Life Insurance Company, Royal Bank of Canada, BASF, Bridgestone Corp., The Charles Schwab Corp., Marsh & McLennan Companies and The Procter & Gamble Company.[14]
Other activities and functions
- Board member of the Eastman Kodak Company (chairman of the audit committee)[15]
- Board member of the Blackstone Group LP (chairman of the audit committee and chairman of the conflicts committee)[15]
- Board member of Thermo Fisher Scientific Inc. (chairman of the audit committee)[15][16][17]
- Member of the Committee on Capital Markets Regulation
- Member of the Carnegie Hall Board of Trustees.[18]
As a member of the boards of Kodak, Blackstone Group, and Thermo Fisher Scientific, he is required to publicly report his interests in those companies, amounting approximately to US$4 million, as of 2016.[19]
Wife - Diane Parrett
Daughters - Debra Volpe, Suzie Vallerie, Courtney Balsam, Christie Parrett
Sons - Steven Parrett, Gregory Parrett
Grandchildren - Brooke Volpe, Paige Volpe, Steven Parrett Jr, Ellie Volpe, Lila Volpe, Sarah Parrett, Ray Vallerie, Cynthia Parrett, Luke Balsam, Dominic Parrett, Connor Balsam
- Werdigier, Julia (2008-08-12). "After $43 Billion in Write-Downs, UBS to Split Main Businesses". The New York Times. Retrieved 2019-12-09.
- "UBS Group AG Corporate bodies". UBS Group AG.
- "UBS Group AG (UBS)". Reuters. Retrieved 2018-01-18.
- "Where can an Accounting & Business Law Degree from St. Francis College take you?". St. Francis College. Retrieved 28 January 2018.
- "William G. Parrett CPA". Businessweek.com. Archived from the original on September 22, 2012.
- "St. Francis Alumnus Receives Honorary Degree". 2007-04-10. Retrieved 2015-01-22.
- "Dr. Johnson with USCIB Chairman William G. Parrett (left) and USCIB President Peter M. Robinson". United States Council for International Business. 9 February 2015. Retrieved 28 January 2018.
- "Deloitte CEO William G. Parrett to Speak on Accounting and Accountability in Leaders Forum Lecture, December 8 at 11:45 a.m." Yale School of Management. Retrieved 28 January 2018.
- "On Its 90th Anniversary ICC Is Feted at the United Nations". United States Council for International Business. 9 October 2009.
- "Trustees, USCIB". United States Council for International Business. 6 February 2015.
- "UBS Group AG. UBS Board of Directors. William G. Parrett, Independent Director". morningstar.com. Retrieved 28 January 2018.
- "William Parrett Boa Forum". Boa Forum.
- "Executive Profile". Bloomberg. 14 June 2023.
- "William Parrett | Conduent Director". Conduent. Retrieved 2018-01-18.
- "Thermo Fisher Scientific Inc. Board of Directors". morningstar.com. Retrieved 28 January 2018.
- "Thermo Fisher Scientific Inc. William G. Parrett". marketwatch.com. Retrieved 28 January 2018.
- "William G. Parrett". 2016-04-05. Retrieved 2016-07-28.
- "William G Parrett Insider Trading Overview". www.insidermole.com. Retrieved 2016-09-12.
- Parrett, William G. (2007). The Sentinel CEO: Perspectives on Security, Risk, and Leadership in a Post-9/11 World. John Wiley & Sons. ISBN 978-0-470-14796-2.
- Jacobi, Jeffrey (2009). How to Say It with Your Voice. Prentice Hall Press. ISBN 978-0-735-20449-2.
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