Nally named global chair of PwC

Dennis M Nally has been elected chairman of the PricewaterhouseCoopers
International Network for a four-year term beginning on 1 July 2009.

PwC member firms worldwide ratified the selection of Nally by the
PricewaterhouseCoopers Global Board.

Nally said, ‘I am honoured that I have been chosen and gratified by the
confidence that PwC member firm partners around the world have shown in me at
this challenging time for our business and for the global economy. I am
confident in our ability to help our clients manage through the recession and
prepare for the recovery ahead.’

Nally has served as the Chairman and Senior Partner of the PwC United States
member firm since 2002 and is a member of the global PwC Network Leadership Team
and chair of PwC’s Network Strategy Council.

Samuel A DiPiazza, the current global chairman said last November he was
retiring after a 35-year career with the firm. Recently, he led an extensive
review of PwC’s global structure, which resulted in significant enhancements to
the global Network that were implemented in late.

Nally will continue to serve on the PwC Network Leadership Team along with
his successor as chairman of PwC US; Ian Powell, chairman of PwC UK; Silas Yang,
chairman of PwC China Hong Kong; and Hans Wagener, chairman of PwC Germany.

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