PwC US, one of the world’s largest providers of assurance, tax and business advisory services, has been named as an Official Supplier of the 34th America’s Cup. Led by their San Francisco office and supported by a network of firms comprising 169,000 people in 158 countries, PwC will be providing the America’s Cup Event Authority (ACEA) with a full range of tax and accountancy services for the 34th America’s Cup.
Jim Henry, PwC’s San Francisco Market Managing partner noted, “We are proud to be an Official Supplier of the 34th America’s Cup and to be a part of this prestigious international competition. We look forward to working with the ACEA and contributing to the positive impact the events will have on the San Francisco area. Environmental sustainability is a long-term strategic goal for PwC, and we are pleased to be working with an organization that has made such a clear commitment to helping raise environmental awareness and implementing sustainable efforts throughout their events.”
PwC is recognized as a great place to work, learn and excel, and has consistently been named among Fortune’s ”100 Best Companies to Work For,” as well as one of Working Mother Magazine’s Top 10 best employers, a second place ranking in the 2013 DiversityInc Top 50 Companies for Diversity®, and PwC received a 100% rating with the Human Rights Campaign Foundation’s Corporate Equality Index since 2006.
Scott Smith, CFO, America’s Cup Event Authority said, “Our relationship with PwC will provide us with expertise that an international sporting event such as the America’s Cup needs to not just operate, but to flourish. We have an ambitious plan to change the way people see the sport of sailing and that requires a complete focus on the needs of our viewing audience. We want suppliers like PwC who can not only deliver on services and support, but also philosophically understand the importance of putting stakeholders first.”
The PwC contract covers the America’s Cup World Series as well as the America’s Cup events in San Francisco in 2013. The America’s Cup World Series began this summer in Europe and will include up to 16 regattas around the globe over two seasons in 2011/2012 and 2012/2013, including the next event to be held in San Diego, November 12-20, 2011. At the conclusion of the first two AC World Series seasons, two events will follow in San Francisco in 2013; the Louis Vuitton Cup – America’s Cup Challenger Series – to be held from July 4 – September 1, 2013; and the America’s Cup Finals to be held from September 7 – 22, 2013.
Richard Worth, Chairman, ACEA commented, “The America’s Cup is no longer just a world-class sporting competition but also a global platform that will change the way people consume sports content. And, that focus is attracting some of the world’s leading brands to be part of this revolution. Our America’s Cup World Series events in Cascais and Plymouth showcased our intentions to the world, and, with our global suppliers and sponsors, we seek to continuously raise the bar.”
About the PwC Network
PwC firms help organizations and individuals create the value they’re looking for. We’re a network of firms in 158 countries with close to 169,000 people who are committed to delivering quality in assurance, tax and advisory services. Tell us what matters to you and find out more by visiting us at www.pwc.com.