Larry Katzen, CPA
Board MemberThe Private Bank & Trust Co
Larry Katzen is a board member for several organizations and a former partner of Arthur Andersen where he specialized in auditing retail companies for over 35 years. He serves on the board of The Mens Wearhouse, where he is a member of the audit and compensation committees. Mr. Katzen is also a board member for Wayport, a privately held wireless co. located in Dallas, TX, where he is chairman of the audit committee and member of the governance committee and The Private Bank, a regional bank located in St. Louis, Mo. where he is a member of the audit committee. Previously, he was a director for Kellwood, where he served as chairman of the audit committee, compensation committee and executive committee, before it was sold to Sun Capital in Feb. 2008. He was also a director for Pathmark Stores, where he was a member of the audit committee and special committee which resulted in the merger with A & P. While a partner with Arthur Andersen, he was also the former managing partner of their St. Louis office and Great Plains region. (This is me - Update Profile)
| 2007 - present | Board Member The Private Bank & Trust Co |
|---|---|
| 2006 - present | Board Member The Men's Wearhouse Inc |
| 2006 - present | Board Member Wayport Inc |
| 2005 - 2007 | Director PATHMARK STORES, INC |
| 2003 - 2008 | Board Member Kellwood Company |
| 1967 - 2002 | Managing Partner Arthur Andersen LLP |
GLG Study Groups with Larry Katzen, CPA(?)
| Study Group Name | Members |
|---|---|
| Warehouse Club Experts | 225 |
| GLG Leaders in the Telcommunications Council | 78 |
| LBO and M&A Accounting & Tax Consultants | 321 |
| Inventory Accounting Experts (US) | 25 |
GLG NewsSM Analyses by Larry Katzen, CPA(?)
1. Sears retailing operations continue to flounder.2. Profits are generated through various financial engineering schemes.3. What will the future Sears looks like?
1. The PCAOB is an entity that few people know much about2. Although they impose strong standards on the accounting firms, their own processes seem to be needing improvement3. Accounting firms don't have the luxury of finishing audits without a deadline. Why should the PCAOB not have one?
1. Dillard's faces a tough competitive climate2. It finally has abandoned its cluttered store concept and streamlined inventories3. The net result is fewer sales, but increased profitability
1. Other than payroll costs, legal costs are the largest expense in an accounting firm.2. Doctors got medical malpractice relief last year and now the accountants want the same treatment.3. But are the accountants willing to lower their billing rates, if they have less legal exposure?
GLG InstituteSM Seminars with Larry Katzen, CPA(?)
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