Gregg Clark rejoins Ernst & Young LLP as Americas Consumer Products Leader for Advisory Services

NEW YORK, March 1, 2011 /PRNewswire/ -- Ernst & Young LLP announced that Gregg Clark has rejoined the firm as the Americas Leader for Consumer Products in the Advisory Services practice. This hire supports the firm's commitment to strengthen and grow services offered specifically to consumer products companies in support of the firm's strategy of achieving market leadership in the Performance Improvement marketplace.

"We are thrilled that Gregg has decided to re-join the firm in this new role," says Bryan Segedi, Vice Chair of Advisory Services at Ernst & Young LLP. "His experience in the areas of M&A, business and IT strategy, e-business and supply chain management make him a vital asset to the Advisory Services Practice and allows us to expand on the services already offered to our consumer products clients."

Under Clark's leadership, the practice at Ernst & Young LLP will focus on seven key drivers expected to impact the decisions made by consumer product C-suite executives for the next several years, including:

• The evolution of the consumer and the call for companies to tailor products for the needs of specific segments through current and emerging channels
• The evolving retail landscape and the need to collaborate with key accounts to win the consumer
• The need for growth through mergers, acquisitions and deeper penetration into emerging markets
• The demand for increased operational agility and faster decision making to enable companies to react to volatile market changes
• The need for increased operations efficiency to preserve or increase margins in the current macro-economic climate
• Regulatory concerns that are reshaping businesses, their supply chains and marketing operations, particularly global tax laws
• The importance of embedding sustainability into the corporate DNA

"Ernst & Young provides a collaborative culture that supports professional growth," adds Clark. "As part of this team, I look forward to building on our core competencies with specific industry knowledge, so we can help our clients meet the challenges they are facing in this uncertain economy."

According to Howard Martin, Global Consumer Products Leader, "Gregg will be a great addition to what is already a very strong Global team. I am confident his ability to develop practical execution strategies will result in leading performance improvement opportunities for companies in our sector."  

Prior to re-joining Ernst & Young, Clark was most recently a partner at Accenture in the North American Consumer Products Client Group where he led the relationship with a number of leading Consumer Products and Retail companies. A contributor to driving North American business growth, his experience spanned business strategy, M&A due diligence and integration, sales & marketing strategy execution and supporting business strategy through technology. Before that, Clark was the Northeast consumer goods market leader at Cap Gemini Ernst & Young. Mr. Clark began his career in 1988 with Advanced Control Technologies where he was a sales engineer. He first joined Ernst & Young in 1999.

Clark earned a BS in Industrial Management and Electrical Engineering from The Krannert Business School and School of Electrical Engineering of Purdue University in West Lafayette, Indiana.

About Ernst & Young's Advisory Services

The relationship between risk and performance improvement is an increasingly complex and central business challenge, with business performance directly connected to the recognition and effective management of risk. Whether your focus is on business transformation or sustaining achievement, having the right advisors on your side can make all the difference. Our 20,000 advisory professionals form one of the broadest global advisory networks of any professional organization, delivering seasoned multidisciplinary teams that work with our clients to deliver a powerful and superior client experience. We use proven, integrated methodologies to help you achieve your strategic priorities and make improvements that are sustainable for the longer term. We understand that, to achieve your potential as an organization, you require services that respond to your specific issues, so we bring our broad sector experience and deep subject matter knowledge to bear in a proactive and objective way. Above all, we are committed to measuring the gains and identifying where the strategy is delivering the value your business needs. It's how Ernst & Young makes a difference.

About Ernst & Young

Ernst & Young is a global leader in assurance, tax, transaction and advisory services. Worldwide, our 141,000 people are united by our shared values and an unwavering commitment to quality. We make a difference by helping our people, our clients and our wider communities achieve their potential.

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This news release has been issued by Ernst & Young LLP, a member firm of Ernst Young Global Limited located in the US.

SOURCE Ernst & Young LLP