PricewaterhouseCoopers elects new CEO

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FOR IMMEDIATE RELEASE
7 September 2009

PricewaterhouseCoopers elects new CEO

PricewaterhouseCoopers Partner Bruce Hassall has been elected the new CEO of the New Zealand firm, PwC has today announced.

Bruce was elected by PwC’s 114 NZ partners, and will formally take up his role on 21 September.  The election follows the appointment of current PwC CEO Warwick Hunt as Managing Partner of PwC’s Middle East Regional practice. Warwick will remain with PwC New Zealand for a transition period until early October.
 
Warwick: “Bruce’s tremendous skill and experience, as well as his leadership capabilities as an active participant in both the accounting profession and the broader business community, equips him brilliantly to continue to build the firm and maintain its position as the market leader,” he says.

“I warmly congratulate Bruce on his election, and am very pleased to see the leadership of our firm pass on to such capable hands.”

Bruce has been head of the firm’s Advisory practice for the past year, and has extensive experience with both major public and private company groups and a range of industries, including the retail, travel, communications and entertainment sectors. He also headed the firm’s Assurance practice for four years.

Commenting on his election, Bruce says: “I am very excited about leading our firm and working with our clients as we all focus on succeeding in today’s economic climate. Now is the time to help our clients capitalise on the opportunities ahead as the economy rebounds.”

NOTES FOR EDITORS

Bruce is a senior partner at PricewaterhouseCoopers New Zealand, with over 28 years experience, 22 years as a partner.  He is a member of the Firm Executive and is the leader of the New Zealand Advisory Practice.

His career experience includes time in London, Hamilton and Auckland and a number of industry secondments.  Bruce is lead partner on several of the firm’s major clients, and formerly led the firm’s Assurance Practice.

Bruce has extensive experience with both major public and private company groups and a range of industries, including the retail, travel, communications and entertainment sectors. He also has specialist expertise associated with IPO and capital raising activities and has either led or been involved with many of the major IPOs that have taken place in the last five years.

Bruce is a member of the New Zealand Institute of Chartered Accountants, and sits on the Practice Review Board of NZICA.

sory services to build public trust and enhance value for its clients and their stakeholders. More than 155,000 people in 153 countries across our network share their thinking, experience and solutions to develop fresh perspectives and practical advice. “PricewaterhouseCoopers” refers to the network of member firms of PricewaterhouseCoopers International Limited, each of which is a separate and independent legal entity.

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