Catherine Engelbert | |
---|---|
1st Commissioner of the WNBA | |
Assumed office July 17, 2019 | |
Preceded by | Lisa Borders (as President) |
Personal details | |
Born | November 14,1964 |
Children | 2 |
Education | Lehigh University (BS) |
Occupation | Commissioner of the Women's National Basketball Association |
Catherine M. Engelbert (born November 14,1964) is an American businesswoman who has been the commissioner of the Women's National Basketball Association (WNBA) since 2019. Before joining the WNBA,she had been with Deloitte for 33 years,including as its first female CEO from 2015 to 2019.
Engelbert grew up in Collingswood,New Jersey,with five brothers and two sisters. She attended Collingswood High School. [1] She was inducted into the Collingswood Athletic Hall of Fame in 1993. [2] Her father was an IT manager,and her mother a medical practice administrator. [3] Engelbert graduated from Lehigh University in 1986,with a degree in accounting. At Lehigh,she tried out for the basketball team as a walk-on under Hall of Fame coach Muffet McGraw,and later became a team captain. [4] She also played lacrosse,and became a captain of that team as well. [3] After graduation,she received her CPA certification and became a member of the American Institute of Certified Public Accountants. [5] [6]
Engelbert joined Deloitte in 1986 and worked with the company until retiring in 2019. She joined the WNBA later in 2019. [7] In an interview,she credited Deloitte's early focus on supporting women in the workplace as being important for her career. [8]
Prior to being appointed the CEO of Deloitte in March 2015,she was the chairman and CEO of the audit subsidiary,Deloitte &Touche LLP. [9] [10]
Other senior positions Engelbert held at Deloitte include:national managing partner - regions for Deloitte &Touche;deputy national professional practice director;and financial accounting and reporting services quality risk manager. She was named a partner in 1998. [11]
On May 15,2019,she was named the first commissioner of the WNBA (previous WNBA leaders had been titled "president"). Engelbert officially assumed her new role on July 17,2019. [12] Engelbert has been focused on growing the league,correcting pain points for players and teams,building on corporate partnerships,and getting set for the next phase of negotiations for the WNBA's media rights. She has presided over a storied expansion for the league,adding a new team in the Golden State Valkyries,one in Toronto and Portland with more planned for the future and growing revenue and reach across the board. [13] [14]
On becoming CEO for Deloitte,this rendered Engelbert the first female U.S. CEO of a Big Four firm. [15] News media outlets,including The Wall Street Journal highlighted Engelbert's appointment as cracking the "glass ceiling." [9] While serving as Deloitte's CEO,the company's revenue has increased nearly 30% cumulatively year to ~ $20 billion. [16]
Engelbert also serves on the boards of McDonald’s Corporation,Royalty Pharma and Catalyst,and on the executive committee of the USGA.
Arthur Andersen LLP was an American accounting firm based in Chicago that provided auditing,tax advising,consulting and other professional services to large corporations. By 2001,it had become one of the world's largest multinational corporations and was one of the "Big Five" accounting firms. The firm collapsed by mid-2002,as details of its questionable accounting practices for energy company Enron and telecommunications company WorldCom were revealed amid the two high-profile bankruptcies. The scandals were a factor in the enactment of the Sarbanes–Oxley Act of 2002.
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Collingswood is a borough in Camden County,in the U.S. state of New Jersey,located 5 miles (8.0 km) east of Center City Philadelphia. As of the 2020 United States census,the borough's population was 14,186,an increase of 260 (+1.9%) from the 2010 census count of 13,926,which in turn reflected a decline of 400 (−2.8%) from the 14,326 counted in the 2000 census.
The American Institute of Certified Public Accountants (AICPA) is the national professional organization of Certified Public Accountants (CPAs) in the United States,with more than 428,000 members in 130 countries. Founded in 1887 as the American Association of Public Accountants (AAPA),the organization sets ethical standards and U.S. auditing standards. It also develops and grades the Uniform CPA Examination. AICPA is headquartered in Durham,North Carolina,and maintains additional offices in New York City,Washington,D.C.,and Ewing,New Jersey.
Certified Public Accountant (CPA) is the title of qualified accountants in numerous countries in the English-speaking world. It is generally equivalent to the title of chartered accountant in other English-speaking countries. In the United States,the CPA is a license to provide accounting services to the public. It is awarded by each of the 50 states for practice in that state. Additionally,all states except Hawaii have passed mobility laws to allow CPAs from other states to practice in their state. State licensing requirements vary,but the minimum standard requirements include passing the Uniform Certified Public Accountant Examination,150 semester units of college education,and one year of accounting-related experience.
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Collingswood High School is a four-year comprehensive public high school that serves students in ninth through twelfth grades from Collingswood in Camden County,in the U.S. state of New Jersey. It is the sole secondary school of Collingswood Public Schools.
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