New PcW global Chairman as of July 2016
The PricewaterhouseCoopers International Network has selected Robert E. Moritz as its new Chairman for a four-year term beginning on July 1, 2016.
Since 2009, Mr. Moritz has led PwC US as its Chairman and senior partner. During his tenure, the US firm focused on increasing quality service and enhancing its brand and reputation by developing and retaining key talent and expanding its capabilities across all areas of the business.
Moritz has been with PwC his entire career, joining in 1985 and becoming a partner in 1995. His background is in Assurance, primarily serving financial services companies. During his career, he spent three years with PwC Japan, where he provided audit and advisory services to numerous European and US-based financial services organisations operating in Japan and across Asia. Moritz has held a number of leadership roles within PwC, including leading the US Assurance practice as well as serving as the managing partner for the New York region.
He recently completed two terms as the Chairman of the Governing Board for the Center for Audit Quality, a non-partisan and non-profit group dedicated to enhancing investor confidence and public trust in the global capital markets. In addition to the Centre for Audit Quality, Mr. Moritz is involved with a number of boards, including the Oswego College Foundation, the Conference Board, the Atlantic Council, and the Partnership for New York City.
“Bob brings a strong sense of purpose, strategic leadership and business insight. His clear focus on all stakeholders is critical to the successful future of our worldwide network,” said John G. Maxwell, Chairman of PwC’s Global Board. “During his tenure in the US, Bob’s outspoken support of work-life flexibility for the firm’s people, the importance of diversity on his own team, and the significant investments he has overseen in new and cutting edge technologies make him the ideal forward-looking leader to navigate the global economy and bring our best ideas and solutions to clients.”
Moritz succeeds Dennis Nally, the current PwC global chairman, who will retire this June after a 42-year career with PwC. Nally served two terms in this position during a time of considerable growth and expansion, including the 2014 acquisition of consulting firm Booz & Company.
“I would like to thank Dennis for his commitment and very successful leadership of the PwC network over the last seven years. He has not only been an excellent ambassador for PwC, but a challenging voice to business on the issues of diversity, purpose and our understanding of the megatrends reshaping the global economic landscape,” added Mr. Maxwell.
Moritz’s successor as Chairman of PwC US will be announced later this year, following an election process.
At PwC, our purpose is to build trust in society and solve important problems. PwC is a network of firms in 157 countries, with more than 208000 people who are committed to delivering quality in assurance, advisory and tax services.
Morrison Textile Machinery names new Vice President of Sales
Morrison Textile Machinery is pleased to announce the appointment of David Emrey to the position of vice president – Sales. He succeeds H.O. “Buddy” Humphrey after his retirement at the end of last year.
David brings with him a strong background in International Textile Machinery Sales from his prior work with Ira L Griffin Sons, Karl Mayer and Ukil/USA Mechatronics. He is also a degreed Mechanical Engineer that enjoys creative solutions to customer challenges and seeing them through to implementation. His collaborative presence at ITMA 2015 has brought many projects to fruition.
He has delivered presentations to industry professionals at North Carolina State University; Clemson University.; Auburn University and the Southern Textile Association.
AATCC names Young Entrepreneur of the Year
Patrick Whaley, founder and Chief Executive Officer of TITIN, LLC, is the recipient of the AATCC Young Entrepreneur Award. Whaley is recognised for developing a line of fitted, weighted compression athletic apparel that creates an improved workout experience in many workout disciplines. This apparel has been used therapeutically and professionally to build strength, endurance, and speed.
Whaley had an idea about merging clothing with weights to build muscle and strength. The weighted vests currently used to build muscle were mostly clumsy and uncomfortable, and a majority of the weight was placed on the shoulders, creating poor posture and slouching. He taught himself to sew using YouTube, and, as an undergraduate in Mechanical Engineering at Georgia Tech, his sketched ideas led to prototypes of an athletic shirt with pockets stitched over major muscles of the torso and arms; in these pockets, hydro-gel packs were inserted as weights. The weight distribution allowed for a lighter feel and ease-of-movement.
In 2010, he entered his weighted shirt system into Georgia Tech’s InVenture Prize Competition, where he won not only First Place, but also the People’s Choice Award. In 2011, his product won Most Bankable Award at the Georgia Tech Business Plan Competition and at the Rice University’s Business Plan Competition. Also in 2011, he won Outstanding Product Award from Global Venture Labs. By 2012, he had patented and trademarked his product, now known as TITIN, and during this year, won the Under Armour Innovation Challenge. In 2014, Whaley appeared on the Shark Tank television program, and received a lucrative offer from Daymond John, entrepreneur and creator of FUBU clothing company. Today, Whaley has athletes and teams of the NCAA, NFL, NBA, MLB, and PGA wearing his products. TITAN Tech has been used by actors in the movie, Expendable 3, and by the Norwegian Olympic Skating team in training for the 2014 Olympics.
Besides researching and developing TITIN Tech apparel, and determining its athletic and therapeutic uses, Whaley has created a business development plan, negotiated multi-million dollar capital investments, and commercialized this apparel. He led product licensing negotiations, marketing, and product development research, and was awarded multiple US and international patents and trademarks for TITIN Tech apparel.
Whaley will receive the Young Entrepreneur Award during an Awards Luncheon at the AATCC International Conference, held April 19-21, 2016 in Williamsburg, VA, USA.
This award recognises young entrepreneurs (less than 40 years of age) operating in the broader textile industry. An entrepreneur is defined as a person who has possession of a new enterprise, venture, or idea, and assumes significant accountability for the inherent risks and outcomes of the creation. For more information about the Young Entrepreneur
AATCC, the Association of Textile, Apparel & Materials Professionals, is the world’s leading not-for-profit association serving textile professionals since 1921. AATCC, headquartered in Research Triangle Park, N.C., USA, provides test method development, quality control materials, and professional networking for members in about 50 countries throughout the world.