E&Y partner named ‘Working Mother of the Year’

Kim Letch, an assurance partner at Ernst & Young’r Orange County office, was one of 70 women nationwide honored by Working Mother magazine as a 2012 “Working Mother of the Year.”

Letch has more than 20 years of experience providing assurance and business-advisory services to clients in a variety of industries, including life sciences, pharmaceuticals, medical devices, managed care and financial services.

According to the Orange County Business Journal, she is also a board member of the Forum for Corporate Directors of Orange County and United Cerebral Palsy of Orange County.

Los Angeles EOY Youth Scholarship awardee earns national acclaim

Vincent Quigg, recipient of the 2012 Greater Los Angeles Entrepreneur of the Year Youth Scholarship Award, was just awarded “Best Young Entrepreneur” at this year’s 2012 NFTE National Youth Entrepreneurshpi Challenge. Quigg, founder of TechWorld, won $25,000 in cash and prizes, including venture capital from MasterCard Worldwide, a Coleman Entrepreneurial Scholarship from GlobalHue, and two tickets from Southwest Airlines.

The Los Angeles native turned his passion for technology into his own startup company, TechWorld. His company specializes in repairing and customizing iPhones and plans to expand into iPads and all types of electronic devices. The main differentiator from his competitors within the market space is that he can fix an iPhone for $80 in under 45 minutes.

Fox 11 special to spotlight entrepreneurs

From left, Christine Devine, anchor, Fox 11; Vincent Quigg, EOY Youth Scholarship Winner; and April Spencer, partner, Ernst & Young.

Ernst & Young Partner April Spencer joined Entrepreneur of the Year (EOY) Youth Scholarship Winner Vincent Quigg at the Fox 11 studios this week to tape an interview for an upcoming news special with News Anchor Christine Devine. The show will explore what makes an entrepreneur successful and will also feature 2012 EOY Master Entrepreneur Rick Caruso.

Spencer, the director of the Greater Los Angeles EOY program, discussed characteristics of an award-winning entrepreneur and why she expects great things for Quigg, who started his own business while in high school and now has a job offer from Caruso. Ernst & Young celebrated its 26th annual EOY Los Angeles gala in June.

Last year’s Fox 11 special was titled “Livin’ the Dream” and featured 2011 EOY winners giving tips on doing business in California and starting and growing a business in today’s economy. The 2012 edition will likely air in October.

Caruso receives Master Entrepreneur of Year Award (AUDIO)

Rick J. Caruso, Founder & CEO, Caruso Affiliated

Rick J. Caruso, Founder & CEO, Caruso Affiliated, received the 2012 Master Entrepreneur Of The Year® Award for Greater Los Angeles from Ernst & Young, recognizing his entrepreneurial excellence and philanthropy at a gala Tuesday night at The Beverly Hilton Hotel.

With this award, Caruso joins the ranks of past winners Earvin “Magic” Johnson, Alfred E. Mann, James Power and John E. Anderson.

KNX 1070 Radio’s Frank Mottek interviews Caruso about the award on the Business Hour:

Entrepreneur of the Year winners for LA

Ernst & Young announced the winners of the Entrepreneur of the Year Award in greater Los Angeles at a gala Tuesday night at The Beverly Hilton Hotel. The winners are:

  • Jeffrey Clark, President & CEO, Anthony International
  • David Overton, Chairman & CEO, The Cheesecake Factory Incorporated
  • Jon Kirchner, Chairman & CEO, DTS, Inc.
  • Simon Bax, CEO, and Bill Tillson, President & COO, Encompass Digital Media, Inc.
  • Sunnie Kim, President & CEO, Hana Financial, Inc.
  • Bob Brisco, CEO & Director, Internet Brands
  • Peter Dameris, President & CEO, On Assignment, Inc.

“Ernst & Young has honored outstanding entrepreneurs like this year’s winners for the past 26 years,” said Brian Ring, Ernst & Young Entrepreneur of the Year Program Director for Greater Los Angeles. “These business leaders have accomplished so much and contributed a tremendous amount to the community.”

EOY nominees in West grew revenue by 51 percent

A recent study conducted by Ernst & Young  and reported by The Orange County Register shows the 508 nominees competing in the six Entrepreneur Of The Year 2012 programs in the West – California, Utah, Washington and Oregon – grew their companies’ combined revenue by 51 percent, generating $30 billion in combined revenue between 2009 and 2011. This rate of growth was 25 percent higher than that of the average Entrepreneur of the Year nominee nationwide.

“Fifty one percent revenue growth among companies these nominees founded or lead really speaks to their willingness to innovate, which is driving the economy in the West. These entrepreneurs are creating new industries – from social networking to cleantech to gene sequencing – and changing the fabric of existing industries. This is further proof that entrepreneurs are critical to job recovery, especially in the West,” said Joe Muscat, partner and West Strategic Growth Markets Leader at Ernst & Young LLP.

Ernst & Young finalists for Entrepreneur of the Year in LA

Ernst & Young announced the finalists for the Ernst & Young Entrepreneur Of The Year 2012 Award in the Greater Los Angeles Region. The 21 finalists grew their company’s sales over 36 percent from 2009 to 2011 and created jobs at a rate of 45 percent over that same period, a direct contribution to Southern California’s economic recovery.

With almost $196 million in cumulative average sales in 2011, these companies also supported state and local governments through state and other local taxes. Award winners will be announced at a gala on June 19 at the Beverly Hills Hilton. These business leaders were selected from nearly 90 nominations by a panel of independent judges.

This year’s finalists are:

  • Jeffrey R. Clark, President & CEO, Anthony International
  • Linda Reyes Stone, President & CEO, APR Consulting, Inc.
  • David William Hagan, President & CEO, Boingo Wireless, Inc.
  • James Cameron, Co-Chairman and Vince Pace, Co-Chairman, Cameron Pace Group
  • David Overton, Chairman & CEO, The Cheesecake Factory Incorporated
  • Jon E. Kirchner, Chairman & CEO, DTS, Inc.
  • Jeff Stibel, Chairman & CEO, Dun & Bradstreet Credibility Corp.
  • Alex Kazerani, Chairman & CEO, and James Segil, President, EdgeCast Networks
  • Simon Bax, CEO, and Bill Tillson, President & COO, Encompass Digital Media, Inc.
  • Aaron Broder, CEO & Co-Founder, and Brian Fitzgerald, President & Co-Founder, Evolve Media
  • Emelio Castaneda, President, Field Fresh Foods, Inc.
  • Sunnie S. Kim, President & CEO, Hana Financial, Inc.
  • Philip Cummins and Lee Maen, Partners, Innovative Dining Group
  • Bob Brisco, Director & CEO, Internet Brands
  • Cesar Garcia, President, Chairman & CEO, Iris International, Inc.
  • Alan Zafran, Partner, Luminous Capital
  • Allen DeBevoise, Chairman & CEO, Machinima, Inc.
  • Michael Sheldon, President & CEO, Network Hardware Resale, LLC
  • Peter Dameris, President & CEO, On Assignment, Inc.
  • Josef Gorowitz, CEO, Prodege, LLC
  • Nathaniel J. Victor, CEO, Sonic Electronix, Inc.

Ernst & Young announces Entrepreneur of the Year finalists for Orange County

Sixteen Orange County entrepreneurs are finalists in the local Ernst & Young Entrepreneur of the Year awards for 2012. Now in its 26th year, the award program honors entrepreneurs who demonstrate excellence and extraordinary success for innovation and financial performance in their companies. More than 70 people were nominated this year, according to the OC Register.

Orange County finalists are:

  • Charles Dunlop, chief executive, Ambry Genetics, Irvine
  • Mike Morhaime, chief executive, president and co-founder, Blizzard Entertainment, Inc., Irvine
  • Alessandro Pirozzi, owner and chef, Cucina Alessa, Newport Beach
  • Heidi Golledge, chief executive and president, CyberCoders, Irvine
  • Jonathan Ord, chief executive, DealerSocket, Inc., San Clemente
  • Jim McCluney, chief executive, Emulex, Costa Mesa
  • Bill Duehring, president, Felt Racing, LLC, Irvine
  • Andy Fathollahi, chief executive, Incipio, Irvine
  • John Raymont, founder, chief executive and president, Kurion, Inc., Irvine
  • Michael Manclark, chief executive, Leading Edge Aviation, Costa Mesa
  • Dan Merkle, chairman and chief executive, Lexipol, LLC, Aliso Viejo
  • Joe Kiani, chairman and chief executive, Masimo Corp., Irvine
  • Gary Jabara, chief executive and president,- Mobilitie, LLC, Newport Beach
  • Jeff Walker, president, Super D, Irvine
  • David Kim and Jerome Fink, co-founders and managing partners, The Bascom Group, Irvine