PricewaterhouseCoopers LLP Names John Petrella Managing Director in the Firm's Washington National Tax Services Practice


WASHINGTON, Aug. 24, 2006 (PRIMEZONE) -- PricewaterhouseCoopers LLP today announced that John Petrella Jr. has joined the firm as a managing director in the Washington National Tax Service's (WNTS) IRS Service Team. In his new role Mr. Petrella will work with the Internal Revenue Services (IRS) and be a national resource in federal income tax compliance and controversy matters.

"I am very pleased to have joined PricewaterhouseCoopers, an organization truly committed to its values of excellence, teamwork and leadership. My initial experiences since joining the firm have validated my belief that I am in the right place at the right time," said Petrella.

Prior to joining PwC, Petrella worked at the IRS for over 35 years and was a key contributor to the IRS reorganization and modernization effort within the large, medium and small businesses (LMSB) division. He was also the Strategic Initiative Owner for LMSB Re-engineering and Issues Management/Resolution Strategy, including the Compliance Assurance Program (CAP) and Industry Issue Focus. Mr. Petrella was responsible for a number of IRS tax shelter initiatives and the IRS-wide Tax Shelter Promoter Program.

During his years at the IRS, Petrella received the IRS Deputy Commissioner's Award for Executive Oversight of Abusive Tax Shelter Initiative and the LMSB Commissioner's Award for Leadership and Innovation.

Mr. Petrella earned a Bachelor of Science degree in Accounting from the University of Rhode Island; an MBA from Providence College and a Master of Science of Taxation (MST) from Bryant College. He was an associate professor at Bryant College for the MST Program and continues to be involved in numerous public speaking engagements on technical issues and tax administration.

About PricewaterhouseCoopers

PricewaterhouseCoopers' Washington National Tax Service's (WNTS) IRS Service Team is a national network of tax professionals who together have had many years of previous Internal Revenue Service experience with major IRS functions.

PricewaterhouseCoopers (www.pwc.com) provides industry-focused assurance, tax and advisory services for public and private clients. More than 120,000 people in 139 countries connect their thinking, experience and solutions to build public trust and enhance value for clients and their stakeholders.

Unless otherwise indicated, "PricewaterhouseCoopers" refers to PricewaterhouseCoopers LLP a Delaware limited liability partnership. PricewaterhouseCoopers LLP is a member firm of PricewaterhouseCoopers International Limited.



            

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