NEW YORK, July 23, 2012 /PRNewswire/ -- PwC US announced today the appointment of Bobby Bono as the leader of its US industrial manufacturing group, effective immediately. Bono will take over the leadership role from Barry Misthal, who now leads PwC's global industrial manufacturing practice. In an industry facing the continuing impact of the financial downturn, PwC believes that keys to success include increasing productivity and reducing operational costs. In his new role, Bono will help clients navigate industry challenges and opportunities including technology implementations, climate change and sustainability, domestic and international regulations, managing talent and workforce changes and consolidation.
"Bobby's in-depth understanding of today's industry's issues is impressive at a time when uncertainty regarding the world economic outlook continues to impact companies across the sector," said Barry Misthal, global industrial manufacturing leader for PwC. "Bobby is a vital addition to our team and I am honored to welcome him aboard."
Bono, a partner in PwC's Assurance practice based in Charlotte, brings 14 years of experience serving a variety of clients ranging from international, publicly traded companies to emerging organizations. He spent two years in PwC's National Office, where he specialized in revenue recognition and stock compensation, consulting with engagement teams to help resolve complex accounting issues. He has significant involvement with multinational companies and SEC registrants in U.S. GAAP accounting, Sarbanes-Oxley internal control and PCAOB auditing standards, financial reporting, SEC reporting, public registration statements, debt offering and comfort letters and mergers and acquisitions. He has instructed a variety of technical trainings on topics including revenue recognition, stock compensation, business combinations and current accounting hot topics.
"I'm excited to take on this new role in the industrial products sector, and I look forward to drawing on my diverse background to help our industrial manufacturing clients address risks and take advantage of the robust opportunities to drive revenue in today's marketplace," said Bono.
Bono graduated magna cum laude with a B.S. in Accounting from Virginia Tech and is a CPA licensed in the state of North Carolina. In addition he is a member of the American Institute of Certified Public Accountants and the North Carolina Association of Certified Public Accountants.
About PwC's Industrial Manufacturing Practice
PwC's Industrial Manufacturing practice comprises a global network of industry professionals strategically located in more than 30 countries around the world. The practice brings experience, international industry best practices, and a wealth of specialized resources to help solve business issues.
About PwC's Industrial Products practice
PwC's Industrial Products (IP) practice provides financial, operational, and strategic services to global organizations across the aerospace & defense (A&D), business services, chemicals, engineering & construction (E&C), forest, paper, & packaging (FPP), industrial manufacturing, metals, and transportation & logistics (T&L) industries. For more information please visit: www.pwc.com/us/en/industrial-products
About the PwC Network
PwC firms help organizations and individuals create the value they're looking for. We're a network of firms in 158 countries with close to 169,000 people who are committed to delivering quality in assurance, tax and advisory services. Tell us what matters to you and find out more by visiting us at www.pwc.com.
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SOURCE PwC US