Well-Known Investor Advocate to Focus on Dialogue with Retail and Institutional
Investing Communities, Transparency, Two-Way Education
NEW YORK, Feb. 4, 2013 -- PwC US today announced that Kayla J. Gillan, who joined PwC in 2011 after serving as Deputy Chief of Staff at the Securities and Exchange Commission, will take on a new role as leader of PwC's Investors' Resource Institute (PIRI). PIRI's mission is to add value to investors' decision-making processes by sharing PwC’s insights and educational materials regarding markets, industries and corporate governance, thereby strengthening their understanding of the information available to them.
Similarly, PwC expects to deepen its understanding of investors’ viewpoints.
PwC US Chairman and Senior Partner Bob Moritz said, "Investor confidence is the bedrock of our nation's capital markets. The goal of our program is to strengthen this confidence by helping investors better understand companies’ reporting and other publicly available information."
"PwC has a vast reservoir of expertise that can be tapped for the benefit of investors," Ms. Gillan added. "From supporting a deeper understanding of how to read financial statements, to taxation, data security and a myriad of other issues, there are many, many opportunities for us to work with investors in areas of mutual interest," she said.
Program activities will foster two-way communication, enabling the firm to utilize investor insights. "The success of the program will not only depend on the insights and education we provide to investors, but also on our own ability to absorb what we learn from the investor community and then broaden our base of understanding," said Mr. Moritz. He added that he is excited about the program and what Ms. Gillan's "deep experience, passion and commitment to quality will bring to her new role."
Ms. Gillan, 54, was deputy chief of staff to SEC Chairman Mary Schapiro before joining PwC. She was also a founding board member of the Public Company Accounting Oversight Board (PCAOB), where she served from 2003 to early 2008. Ms. Gillan joined the PCAOB after serving for 16 years at the California Public Employees' Retirement System (CalPERS), including six years as its General Counsel. Immediately prior to joining the SEC in early 2009, Ms. Gillan was chief administrative officer for RiskMetrics Group Inc. (now a part of MSCI).
Ms. Gillan holds a B.A. from California State University at Sacramento and a J.D. from the University of California at Davis.
For more information, please visit the link to new Institute page on PwC’s website.
About the PwC Network
PwC US helps organizations and individuals create the value they're looking for. We're a member of the PwC network of firms in 158 countries with more than 180,000 people. We're committed to delivering quality in assurance, tax and advisory services. Tell us what matters to you and find out more by visiting us at www.pwc.com/US.
Learn more about PwC by following us online: @PwC_LLP, YouTube, LinkedIn, Facebook and Google +.
© 2013 PricewaterhouseCoopers LLP, a Delaware limited liability partnership. All rights reserved. PwC refers to the US member firm, and may sometimes refer to the PwC network. Each member firm is a separate legal entity. Please see www.pwc.com/structure for further details.
# # #