Cincinnati.Com
NKY.COM  |  ENQUIRER  |  CIN WEEKLY  |  Classifieds  |  Cars  |  Homes  |  Jobs  |  Help
Currently:
52°F
Sunny
Weather | Traffic
The Enquirer
HOME
NEWS
ENTERTAINMENT
SPORTS
REDS
BENGALS
LOCAL GUIDE
MULTIMEDIA
ARCHIVES
SEARCH
 
 TODAY'S ENQUIRER 
 Front Page 
 Local News 
 Sports 
-- Business 
 Editorials 
 Tempo 
 Home Style 
 Travel 
 Health 
 Technology 
 Weather 
 Back Issues 
 Search 
 Subscribe 

 SPORTS 
 Bearcats 
 Bengals 
 High School 
 Reds 
 Xavier 

 VIEWPOINTS 
 Jim Borgman 
 Columnists 
 Readers' views 

 ENTERTAINMENT 
 Movies 
 Dining 
 Horoscopes 
 Lottery Results 
 Local Events 
 Video Games 

 CINCINNATI.COM 
 Giveaways 
 Maps/Directions 
 Send an E-Postcard 
 Coupons 
 Visitor's Guide 
 Web Directory 

 CLASSIFIEDS 
 Jobs 
 Cars 
 Homes 
 General 
 Place an ad 

 HELP 
 Feedback 
 Subscribe 
 Search 
 Newsroom Directory 



 
Tuesday, June 04, 2002

Andersen employees defecting


8 partners, other workers go to Deloitte

By Amy Higgins, ahiggins@enquirer.com
The Cincinnati Enquirer

        Eight of the 12 partners in Cincinnati's Arthur Andersen office have been hired locally by Deloitte & Touche, along with almost 100 other employees of the embattled accounting firm.

        With most of the other partners and employees also gone, or about to go, and all local public companies dropping the firm as their auditor, the local office is not expected to survive.

        “In a couple of months, there won't be an Andersen office in Cincinnati,” said Brian Carley, managing partner of Andersen in Cincinnati.

        Mr. Carley is one of the eight Andersen partners moving to Deloitte & Touche. Also joining the firm are partners Lynn Good, Dan Holthaus, Thomas Johnson, Jerry Reichert, Jim Sowar, Gene Ewing and Ray van der Horst. Deloitte also announced Monday the hirings of principals Alex Torok and Bob Bitter.

        Mr. Carley said these latest hires, and others still in negotiations, will bring the total number of Andersen employees moving to Deloitte to about 100. Earlier this year, Andersen had employed about 385 in Cincinnati.

        Also, 30 to 35 people in Andersen's local business consulting group are joining fellow Big Five firm KPMG.

        “We're thrilled for so many of our people to be able to continue their careers,” Mr. Carley said of the moves. “And our clients have supported us through these difficult times.”

        Mr. Carley said he expected some Andersen clients also to move to Deloitte. Many already have, such as Cinergy Corp. and Newport Steel parent NS Group.

        All of Andersen's Tristate public company clients have dropped the firm as its auditor since it became entangled in the downfall of Enron Corp. Last fall, Enron sought protection from creditors in the United States' biggest-ever bankruptcy.

        Allegations of Enron's questionable accounting spread to Andersen, which, as Enron's auditor, was supposed to oversee and vouch for the energy trader's books.

       



- Andersen employees defecting
Erpenbeck camp claims forgery
Top exec's exit is latest blow for Tyco
Tourism goes regional
State pulling travel brochures that promote Indiana casinos
Woman is executive editor of Detroit Free Press
Automakers looking up
ISM bolsters recovery hopes
Libel on the Internet?
Microsoft, SEC settle complaint
Napster's newest chapter: 11
Prosecutors imply Riley should have expected inquiry
Software glitch cancels Knight trades
StarBand claims merger was blocked
Business Digest
Tristate Summary
What's the Buzz?

 

Latest Headline News
Updated Every 30 Minutes
BUSINESS NEWS

U.S. Rises in Auto Reliability Ratings

Congolese Shun Own Currency for Dollars

Delta Air Lines Posts $52M Profit in 3Q

Prepared Holiday Meals Up in Popularity

Christmas Returns to Wal-Mart Marketing


Cincinnati.Com
Search our site by keyword:  
Search also: News | Jobs | Homes | Cars | Classifieds | Obits | Coupons | Events | Dining
Movies/DVDs | Video Games | Hotels | Golf | Visitor's Guide | Maps/Directions | Yellow Pages

  CINCINNATI.COM  |  NKY.COM  |  ENQUIRER  |  CIN WEEKLY  |  Classifieds  |  Cars  |  Homes  |  Jobs  |  Help


Search | Questions/help | News tips | Letters to the editors | Subscribe
Newspaper advertising | Web advertising | Place a classified | Circulation

Copyright 1995-2007. The Cincinnati Enquirer, a Gannett Co. Inc. newspaper.
Use of this site signifies agreement to terms of service updated 12/19/2002.