People: Emerson Electric Co (EMR.N)
Mr. James S. Turley has been appointed as Independent Director of Emerson Electric Co., effective July 10, 2013. Mr. Turley had served as chairman and CEO of Ernst & Young since 2001, and retired this year. He joined the company in 1977 as a member of the firm’s Houston office, and over the years he has held a series of leadership positions. Based in New York and London, he also served as senior advisory partner for many of Ernst & Young’s global clients. Turley previously served as Metropolitan New York Area Managing Partner of Ernst & Young LLP in 1998 and was appointed Deputy Chairman in 2000. As chairman, he actively worked to enhance the public’s trust in financial services firms and in the quality of financial reporting, and has been a driving force on key issues in the industry, including global auditing standards and global governance. Turley holds an undergraduate degree and a master's in accounting from Rice University. He serves on the Board of Directors of the Boy Scouts of America and the Board of Trustees for Rice University, and is chair of the National Corporate Theatre Fund. He also serves on President Obama's Export Council. He was on the board of Catalyst from 2001-2013, serving as its Chair from 2009-2013, and until his retirement was a member of the Business Roundtable and IBLAC (International Business Leaders Advisory Council for the Mayor of Shanghai), and was co-chair of Russia's Foreign Investment Advisory Council. He also chaired the Governing Board of the U.S. Center for Audit Quality from 2007-2011. Turley also recently joined the board of Citigroup.
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