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William G. Parrett (born June 4, 1945) is an American businessman and senior manager who has served public, private, governmental, and state-owned clients worldwide. In October 2008, Parrett was elected to the board of directors of UBS AG and, in November 2014, to the Board of Directors of UBS Group AG. In May 2018, he stepped down from this role and was focussing on the position of President of UBS Americas Holding LLC.


Education

Parrett graduated with an undergraduate degree ( BBA) in accounting from St. Francis College, New York, in 1967. He then became a certified public accountant. In April 2007, he was given an honorary degree of Doctor of Humane Letters by his alma mater.


Career

Parrett was the chairman of the board of the United States Council for International Business from April 2005 through March 2010. Prior to that, Parrett was the CEO of
Deloitte Touche Tohmatsu Deloitte Touche Tohmatsu Limited (), commonly referred to as Deloitte, is an international professional services network headquartered in London, England. Deloitte is the largest professional services network by revenue and number of profession ...
from 2003 until he retired from his position in 2007. In 1995, he founded US Deloitte's Global Financial Services Industry Group. He served on Deloitte's Global Executive Committee from 1999 to 2007. In 1997, he also founded the Global Financial Services Industry Group, which he led as chairman. In UBS, Parrett chaired the Audit Committee since 2009, had been a member of the Corporate Culture and Responsibility Committee since 2012 and member of the Compensation Committee since 2015. His previous positions include a board membership at the
International Chamber of Commerce The International Chamber of Commerce (ICC; French: ''Chambre de commerce internationale'') is the largest, most representative business organization in the world. Its over 45 million members in over 100 countries have interests spanning every sec ...
, chairman of the board of the
United Way Worldwide United Way is an international network of over 1,800 local nonprofit fundraising affiliates. United Way was the largest nonprofit organization in the United States by donations from the public, prior to 2016. United Way organizations raise funds ...
and a trustee of the Catholic University of America. He has provided service to many of the Deloitte's leading clients serving as an Advisory or Leadership Partner, among others to General Motors, Merrill Lynch & Co., Abbott Laboratories, Metropolitan Life Insurance Company, Royal Bank of Canada, BASF, Bridgestone Corp., The Charles Schwab Corp., Marsh & McLennan Companies and The Procter & Gamble Company.


Other activities and functions

*Board member of the
Eastman Kodak Company The Eastman Kodak Company (referred to simply as Kodak ) is an American public company that produces various products related to its historic basis in analogue photography. The company is headquartered in Rochester, New York, and is incorpor ...
(chairman of the audit committee) *Board member of
the Blackstone Group Blackstone Inc. is an American alternative investment management company based in New York City. Blackstone's private equity business has been one of the largest investors in leveraged buyouts in the last three decades, while its real estate b ...
LP (chairman of the audit committee and chairman of the conflicts committee) *Board member of
Thermo Fisher Scientific Thermo Fisher Scientific Inc. is an American supplier of scientific instrumentation, reagents and consumables, and software services. Based in Waltham, Massachusetts, Thermo Fisher was formed through the merger of Thermo Electron and Fisher Sc ...
Inc. (chairman of the audit committee) *Member of the
Committee on Capital Markets Regulation The Committee on Capital Markets Regulation is an independent and nonpartisan 501(c)(3) research organization financed by contributions from individuals, foundations, and corporations. Background Thirty-six leaders from the financial sector, incl ...
*Member of the Carnegie Hall Board of Trustees. As a member of the boards of Kodak, Blackstone Group, and Thermo Fisher Scientific, he is required to publicly report his interests in those companies, amounting approximately to US$4 million, as of 2016.


Family

Wife - Diane Parrett Daughters - Debra Volpe, Suzie Vallerie, Courtney Balsam, Christie Parrett Sons - Steven Parrett, Gregory Parrett Grandchildren - Brooke Volpe, Steven Parrett Jr, Paige Volpe, Ellie Volpe, Lila Volpe, Sarah Parrett, Ray Vallerie, Cynthia Parrett, Luke Balsam, Connor Balsam


References


Further reading

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External links


Curriculum vitae on UBS website
Living people American financial businesspeople American corporate directors American bankers UBS people St. Francis College alumni Catholic University of America trustees 1945 births {{US-CEO-stub