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100 Arthur Andersen Staff Join Ernst & Young.


Business Editors

LOS ANGELES--(BUSINESS WIRE)--May 22, 2002

Ernst & Young today announced that it has signed agreements to hire approximately 100 Arthur Andersen For the U.S. Supreme Court case commonly known as Arthur Andersen, see .
Arthur Andersen LLP, based in Chicago, was once one of the "Big Five" accounting firms (the other four are PricewaterhouseCoopers, Deloitte Touche Tohmatsu, Ernst & Young and KPMG), performing
 professionals and staff, including nine partners, of Andersen's Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , Denver, Phoenix, and San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay.  practices. Close to 80 of those new hires will be located in Los Angeles.

The integration of former Andersen employees will begin immediately. As a result of the transaction, Ernst & Young will expand its media, entertainment and hospitality, financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
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, and tax practices in the Pacific Southwest.

"This unprecedented combination of extraordinary talent will bolster Ernst & Young's leadership position in the marketplace," said Tony Anderson, Pacific Southwest Area Managing Partner. "We will be a leader in serving the media, entertainment and hospitality, and financial services industries. By increasing our presence in these areas and recruiting the best talent available, we will continue to deliver high caliber service to new and existing clients."

Ernst & Young will conduct a comprehensive orientation and training program for the former Andersen employees to familiarize them with Ernst & Young's methodologies, approach and philosophy.

"We are excited about working with the people of Andersen and welcoming them to the Ernst & Young family," said Tony Anderson. "The immediate integration will allow us to continue to offer a smooth transition to all new and existing clients and professionals. As Andersen employees become Ernst & Young employees, we believe our distinct commitment to excellence will only grow stronger."

Ernst & Young's Pacific Southwest region serves clients throughout Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, , Arizona, Colorado, Hawaii, Nevada, and New Mexico New Mexico, state in the SW United States. At its northwestern corner are the so-called Four Corners, where Colorado, New Mexico, Arizona, and Utah meet at right angles; New Mexico is also bordered by Oklahoma (NE), Texas (E, S), and Mexico (S). .

About Ernst & Young

Ernst & Young, a global leader in professional services, understands the business issues that are important to senior executives. With extensive business knowledge and hands-on industry experience, the global Ernst & Young organization can implement a broad array of solutions to help companies capture growth, improve financial performance and manage risk -- anywhere in the world. Its 84,000 people serve as trusted business advisers in more than 130 countries, offering audit, tax, corporate finance and transaction services across all industries to many of today's leading global corporations as well as emerging growth companies. In addition, legal services legal services n. the work performed by a lawyer for a client.  are available in various parts of the world where permitted. A collection of Ernst & Young's views on a variety of business issues can be found at www.ey.com/thoughtcenter.

Ernst & Young refers to all members of the global Ernst & Young organization, including the U.S. firm of Ernst & Young LLP LLP - Lower Layer Protocol .
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Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Comment:100 Arthur Andersen Staff Join Ernst & Young.
Publication:Business Wire
Geographic Code:1USA
Date:May 22, 2002
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