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Remembering Leonard M. Savoie (1923-1991).

Leonard M. Savoie, executive vice-president of the American Institute of CPAs from 1967 to 1972, died in January 1991. He was a man who carved a unique niche in accounting as a practitioner, a professional and a professor.

Savoie was the first CPA to serve full-time as a chief staff officer of the AICPA. In 1974, the office was retitled AICPA president. During his term, Savoie was the primary spokesman for the AICPA and was responsible for coordinating all Institute technical activities. In the Rise of the Accounting Profession, John L. Carey said Savoie's background resulted in improved relationships between the AICPA and the financial press: "The press learned to have confidence in his objectivity and turned to him for explanations of accounting questions involved in news items or articles."

Before joining the AICPA staff, Savoie was partner in charge of accounting research and education at Price Waterhouse & Co. He joined the Chicago office in 1946 after receiving his bachelor's of science from the University of Illinois. He was admitted to partnership in the firm in 1960.

Following his service with the AICPA Savoie served from 1972 to 1979 as controller and vice-president of Clark Equipment Company, a multinational company with annual sales at that time exceeding $1.5 billion.

In 1980, Savoie joined the accounting faculty at the University of Notre Dame as a professor. He was chairman of the Notre Dame department of accountancy from 1983 to 1990. Savoie's time at Notre Dame blended his administrative, technical and human resource skills. He taught graduate courses, counseled undergraduate and graudate students, worked with accounting practitioners and professors throughout the United States and was involved in a variety of academic and professional activities at the local, regional and national level.

Commenting on a common thread in all phases of his career, Savoie said, "Throughout my career I have had a strong and enduring interest in accounting education." For example, at Price Waterhouse, his responsibilities included serving as the partner in charge of the firm's continuing education activities. He received a leave of absence from the firm during the 10962-63 academic year to serve as a Dickenson Fellow on the faculty of Harvard University where he taught financial accounting. Savoie served on the advisory councils or boards for the accounting departments of Northwestern University, the University of Michigan, the University of Illinois and the University of Lancaster (England).

Savoie delivered more than 160 speeches, published more than four dozen articles (many of which were reprinted in other publications) and contributed chapters to several books. In a 1974 speech to the California CPAs Accounting Education Conference, Savoie expressed enthusiams for the variety of career paths available to an accountant. He quipped, "My only regret is that I cannot at the same time be a practicing professional accountant, an industrial professional accountant and an educator of accountants."

Savoie's marriage spanned nearly 40 years and he is survived by his wife, Barbara, and 10 children. Memorial contributions may be made to the Lambs Farm Fund for the Retarded, P.O. Box 520, Libertyville, Illinois 60048.

Donald E. Tidrick and Ken Milani were colleagues and friends of Leonard Savoie at the University of Notre Dame. Currently Tidrick is an assistant professor at the University of Texas, Austin, and Milani is a professor at Notre Dame.
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Title Annotation:executive vice-president of AICPA from 1967 to 1972
Author:Milani, Ken
Publication:Journal of Accountancy
Article Type:Obituary
Date:Jan 1, 1992
Words:550
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