2009 Speaker Biographies

The Lubin Breakfast on Contemporary Accounting Issues
Wednesday, March 4, 2009

Speaker Biographies

Conrad Hewitt, Former Chief Accountant, U.S. Securities & Exchange Commission

  [Lubin Accounting Breakfast]
Conrad W. Hewitt was the Chief Accountant of the U.S. Securities and Exchange Commission (SEC) from 2006 to January 2009. As Chief Accountant, he was the principal advisor to the Commission on Accounting and Auditing matters. Also, Mr. Hewitt was responsible for formulating and administering the accounting and auditing programs and policies of the Commission. Also, he was responsible for the oversight of FASB (Financial Accounting Standards Board) and the PCAOB (Public Company Accounting Oversight Board) for the Commission.

Prior to joining the SEC, Mr. Hewitt had over 30 years experience as a leader of one of the world’s largest accounting firms, a strong background as a financial institution regulator, and recent service as Chairman of 10 audit committees (four public companies) and as a director. Also, he was trustee of two pension plans and a charitable foundation.

From 1995 to 1998, Mr. Hewitt was the California Superintendent of Banking and Commissioner of the California Department of Financial Institutions. Mr. Hewitt created the new Department of Financial Institutions and was its first Commissioner.

From 1972 to 1995, Mr. Hewitt was the Managing Partner of Ernst & Young, and its predecessor firm, Ernst & Ernst, in the firm’s Northern California Area, San Francisco (1986-1995); Pacific Northwest Area, Seattle (1979-1986); and the Pacific Basin Area, Honolulu (1972-1979). He joined the firm of Ernst & Ernst in Los Angeles in 1962.

Mr. Hewitt began his career as an auditor in the U.S. Air Force at Strategic Air Command Headquarters, Omaha. He held the rank of Captain.

Mr. Hewitt earned a Bachelor of Science in Finance at the University of Illinois. He performed graduate work at the University of Southern California - Executive MBA program and participated in executive programs at Stanford University, Kellogg School of Business, Northwestern University and the Aspen Institute.

He is a certified public accountant.

Floyd Norris, Chief Financial Correspondent, The New York Times

  [Lubin Accounting Breakfast]
Floyd Norris is the chief financial correspondent of The New York Times and the International Herald Tribune. His column appears in both papers on Fridays, and a weekly analysis of financial data, called "Off the Charts," appears on Saturdays. His blog also appears on the The New York Times Web site, at norris.blogs.nytimes.com.

Norris has worked for The Times since 1988, and spent 18 months in 2004-2005 based in Paris at the offices of the International Herald Tribune.

He has been a financial columnist for most of his career at The Times, although he spent more than a year in 1998 and 1999 as a member of The Editorial Board of The Times.

Before joining The Times, Mr. Norris had been with Barron's National Business and Financial Weekly since December 1982, where he wrote "The Trader" column on the stock market.

Mr. Norris was the 2003 recipient of the Loeb Foundation's Lifetime Achievement Award for exceptional career achievements in the field of business, financial and economic news. In 2001 he received the Gerald Loeb award for distinguished Business and Financial Journalism for his insightful columns educating investors about the complexities of Wall Street. In 1998, he was cited by the Financial Writers Association of New York for outstanding lifetime achievement. In 2008, he received the lifetime acheivement award of the Society of American Business Editors and Writers.

He and his wife, Christine Bockelmann, compiled and edited The New York Times Century of Business, which was published by McGraw-Hill in late 1999.

He is a past director of the Society of American Business Editors and Writers and a former member of the board of advisers of the Knight-Bagehot Fellowship Program at Columbia University.

Mr. Norris began his career in journalism as a reporter for the College Press Service, a news service for college newspapers, in September 1969. From September 1970 to January 1972, he was a reporter and editor for The Manchester (N.H.) American, a newspaper he helped to found. From January 1972 to August 1974, he was a reporter for The Concord (N.H.) Monitor, covering the state legislature and politics. From August 1974 to December 1977, he worked for UPI. In 1977 and 1978 he was press secretary to, then, Sen. John Durkin. From 1978 to 1981 he was a business writer and editor for the Associated Press.

Born in Los Angeles on Sept. 6, 1947, Mr. Norris attended the University of California in Irvine. He was a Walter Bagehot Fellow in Economics and Business Journalism at Columbia University for two terms and received an MBA in 1982.

Mr. Norris lives in Brooklyn with his wife and son.

Lynn Turner, Former Chief Accountant, U.S. Securities & Exchange Commission

  [Lubin Accounting Breakfast]
Mr. Turner has the unique perspective of having been the Chief Accountant of the Securities and Exchange Commission, a member of boards of public companies, a trustee of a mutual fund and a public pension fund, a professor of accounting, a partner in one of the major international auditing firms, the managing director of a research firm and a chief financial officer and an executive in industry. In 2007, Treasury Secretary Paulson appointed him to the Treasury Committee on the Auditing Profession.

Mr. Turner serves as a senior advisor to Kroll, Inc. He serves on the board and audit committee of the Colorado Public Employees Retirement Association (COPERA). He currently serves as a trustee and chair of the audit committee of a mutual fund. Mr. Turner has also served on the board of directors and audit committees of public companies.

From July, 2003 to June, 2007, Mr. Turner was the managing director of research and officer of Glass Lewis & Co. Glass Lewis is an internationally recognized proxy and financial research firm. He was a professor of accounting at Colorado State University from 2001 to 2003.

Mr. Turner served as the Chief Accountant of the Securities and Exchange Commission (SEC) from his in July 1998 to August 2001. As Chief Accountant, Mr. Turner was the principal advisor to the SEC Chairman and Commission on auditing and financial reporting and disclosure by public companies in the U.S. capital markets as well as the related corporate governance matters. These issues included the oversight and development of U.S. auditing, accounting and disclosure standards, as well as matters affecting audit committees of public companies. In that capacity, Mr. Turner has also worked regularly with Congress, various federal and state government agencies, international regulators, representatives of industry, and the accounting profession.

From June of 1996 to June of 1998, Mr. Turner was the Chief Financial Officer and Vice President of Symbios, Inc an international semiconductor and storage manufacturer. Prior to joining Symbios, Mr. Turner was an audit and SEC reviewing partner for the international audit firm now known as PricewaterhouseCoopers (PWC). He was also responsible for the high technology audit practice of the firm.

Mr. Turner has served on the Standards Advisory Group of the Public Companies Accounting Oversight Board (PCAOB) since its inception. Mr. Turner is also currently a member of Financial Accounting Standards Board Investor Technical Advisory Committee. Previously he has also served as the SEC Observer to the FASB Emerging Issues Task Force and Financial Accounting Standards Advisory Council

Mr. Turner has served as an expert witness for and testified before Congress on several occasions. He was actively involved in the legislative process leading up to passage of the Sarbanes-Oxley Act. He has appeared on National Public Radio and all the major television networks including NBC, ABC, CBS, CNN, CNBC, CNNfn, Bloomberg TV and MSNBC.

Mr. Turner has received honorary doctorates in Business Administration from Central Michigan University and Grand Valley State University. He was a two time recipient of the SEC Chairman's Award for Excellence. He has been named to the list of Top 100 Accountants in the U.S. as well as the Directorship 100, a list of influential people involved in corporate governance. He has received the national award for Business Information (Accountant) Professional of the Year from Beta Alpha Psi, the National Accounting Honorary Society. He has been awarded the American Accounting Association Exemplar award. He has had numerous articles published and has received the Max Block Distinguished Article Award from the New York Society of CPA's. He has also been named the Colorado State University College of Business Alumni of the Year.

Mr. Turner is a member of the Colorado Society of Certified Public Accountants (CSCPA), the American Institute of Certified Public Accountants, and the Financial Executives International. Mr. Turner holds an MA in Accounting from the University of Nebraska and a BA in Business Administration, with a concentration in Accounting, from Colorado State University.