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Illinois CPA Society Honors Vincent Villinski and Richard Ziegler With Lifetime Achievement Awards.

CHICAGO, June 21 /PRNewswire/ -- The Illinois CPA Society recently honored two outstanding professionals for their service and leadership to the Certified Public Accountant (CPA) profession. Vincent Villinski, CPA, MBA and Richard E. Ziegler, CPA, MBA, PhD, were presented with the Society's Lifetime Achievement Award at its State of the Profession Leadership Luncheon held on May 9, 2005 at the Standard Club in Chicago.

Vincent Villinski has recently served as Chairman, Treasurer and a member of the Illinois CPA Society's Board of Directors. He is president-elect of the Illinois CPA Society's Endowment Board and is also a member of the American Institute of Certified Public Accountant's Governing Council.

He has served as Chief Financial Officer of Spectrum Global Fund Administration since May 2000. Spectrum provides accounting and outsourcing services to the growing hedge fund industry. Prior to joining Spectrum, he was an Assurance and Business Advisory Services partner with PricewaterhouseCoopers LLP. He spent 35 years in the Chicago office as a Financial Services Industry Specialist focusing on capital markets and investment services areas. Villinski was heavily involved with the accounting for and auditing of security broker/dealers, futures commission merchants, investment advisers, hedge funds, and private and publicly held commodity pools. His work within the industry has resulted in extensive regulatory experience with the Securities and Exchange Commission and the Commodity Futures Trading Commission.

Villinski received his BBA degree from Loyola University and an MBA from the University of Chicago. He has spoken on controls and risk management related to financial instruments including futures contracts, options, and other derivatives and has been a frequent speaker at the Kent College Commodity Law Institute on accounting and regulatory issues related to securities, futures and options. He is a member of the Financial Management Division of the Securities Industry Association. Additionally, he is a Governing Board member of the Chicago Symphony Orchestra, and long-standing member of the Ravinia Festival Annual Fund and the St. Viator High School Finance Committee.

Richard Ziegler has served on various committees within the Illinois CPA Society including the Sunset Legislation Task Force, the 150-hour Education Requirement Task Force, the CPA Examination Task Force, and served several terms as Chair of the Educator-Practitioner Committee.

Currently, he is a member of the Society's Outstanding Educator Award Task Force. In l990, he became a member of the Illinois Committee on Accountancy and served a three-year term as Chair. Subsequently, he became a member of the Illinois Board of Examiners. In l990, he became a member of the National Association of State Boards of Accountancy, where he served a term as Midwest Regional Director and also as a member of various committees, including service on an advisory working group to the newly-organized Independence Standards Board, the Ethics Committee, and an extended term on the By-Laws Committee until the year 2000. In l994, he was selected as one of the 100 Most Influential People in Accounting by the editors of Accounting Today. He is also a member of the American Accounting Association, where he has served on various committees, including a term as Chair of the Professional Examinations Committee and a member of the American Institute of CPAs.

Ziegler is Associate Professor Emeritus of the Department of Accountancy of the College of Business at the University of Illinois at Urbana-Champaign, where he has been a faculty member since l972. In the College, he is a past recipient of the Emerson Cammack Outstanding Service to Undergraduates Award, the Commerce Alumni Association Excellence in Undergraduate Teaching Award (received twice), the St. Louis Accounting Alumni Association Teaching Award, the UIUC campus TRIO/EOP Recognition Award from the Office of Minority Students, and the Illinois CPA Society's Educator of the Year Award.

As a member of the College of Business Faculty, he served for many years as faculty advisor to the campus chapter of the National Association of Black Accountants, Beta Alpha Psi, and the Project Discovery Accounting Society. He also served as faculty advisor to other professional and fraternal student organizations. For a number of years he was a member of the Board and subsequently Chair and President of the Illini Media Company, the independent student media company of the University of Illinois that publishes the campus newspaper and the campus yearbook, and operates the student-run radio station. He also served as a member of the Board of the Illini Union, the campus student union. He was an elected member of the UIUC Faculty-Student campus senate, where he served on various committees, including a term as Chair of the Student Affairs Committee. He served a term as the elected Vice-Chair of the UIUC campus Senate Council and for three years was the UIUC Faculty Representative to the Faculty Advisory Committee of the Illinois Board of Higher Education. He has held various positions in the Department of Accountancy, including Acting Head, Associate Head of the Department, and Director of the master's program. He has co-authored an auditing text and articles in professional journals.

Ziegler has served as a Board member at the University YMCA, the McKinley Foundation, and the Marilyn Pleader and Vernon K. Zimmerman Charitable Foundation, for all of which he has served terms as Treasurer. He also served as a board member, vice chair, and treasurer of the C-U Day Care Center (now the Marilyn Queller Center), an agency that was supported by the Community United Way.

Ziegler received a bachelor's degree from the College of William and Mary in l960, an MBA from Columbia University in l966, and a PhD from the University of North Carolina at Chapel Hill in l973. Prior to beginning an academic career, he worked on the audit staff of Price Waterhouse from l960- 67, with a leave for six months of active duty military service in l961 and later to attend graduate school in l965-66.

"We are extremely appreciative of both Vince and Dick's contributions and years of service to the CPA profession. Their dedication is an example for future Society leaders, and we are proud to honor them with this award," said Elaine Weiss, president and CEO of the Illinois CPA Society.

About the Illinois CPA Society

The Illinois CPA Society, founded in 1903, is the fourth largest state CPA society in the nation, with more than 22,000 members. It is the only professional organization that represents CPAs in Illinois. During its over 100 years of existence, the Society has advanced the highest ethical and financial standards of the profession, and has been a leader in educating the public on financial issues.

CONTACT: Mari Watts, Marketing and Communications, of Illinois CPA Society, +1-312-993-0407 ext. 278,

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Date:Jun 21, 2005
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