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PwC US Announces New Managing Partner as Firm Opens Doors at One Detroit Center

Ray Telang is Appointed Managing Partner for PwC’s Michigan and Northwest Ohio Practice as 700 employees moving into new space

DETROIT, December 18, 2012 – PwC US, one of Metro Detroit’s largest professional services firms, announced today that it has appointed Detroit-based Ray Telang as market managing partner for its Greater Michigan Market, which includes Michigan and Northwest Ohio. This news comes as the firm relocated its more than 700 people to a new home in Downtown Detroit’s One Detroit Center.

“Ray brings more than 20 years of accounting and business consulting knowledge to our clients in the region, including a proven track record serving Michigan’s largest public and private companies,” said Dave Breen, PwC’s outgoing market managing partner who will retire this summer after 38 years with the firm.  “Ray’s wide range of client and leadership experiences will serve him well in taking on this important role for our market and the firm.”

A native Detroiter and proud to call this community his home, Telang joined PwC’s Detroit office in 1988 and previously served as the Greater Michigan market assurance leader where he led more than 350 partners and staff. He is a Certified Public Accountant, licensed in Michigan and New York and is a member of the American Institute of Certified Public Accountants and the Michigan Association of Certified Public Accountants.

Telang received a bachelor’s degree from the University of Michigan at Ann Arbor, and currently serves on the Paton Accounting Advisory Board of its Ross Business School, as well as the Audit Committee of the Detroit Regional Chamber.

A promising future in downtown Detroit

With veteran partner Telang leading the practice, PwC, which provides auditing and assurance, tax and consulting services, has recommitted to a future in downtown Detroit. The firm signed a multi-year lease to occupy approximately 70,000 square feet of the building located at 500 Woodward in the heart of the city. The firm will occupy three floors of the landmark building.

In addition to signaling its faith in an exciting and thriving part of the central business district, PwC chose the building to accommodate its new flexible workspace needs and growing workforce.

Commenting on his strategic vision for the practice, Telang stated, “Greater Michigan is home to some of the nation’s most notable companies, and PwC is committed to delivering high quality services to assist our clients in managing their growth. We see a bright future here and intend to continue our commitment to the city of Detroit and to the community in our new space.”

In talking about the new workspace, Telang noted that PwC’s business and culture are based on building relationships, providing quality services and delivering value for our clients.

“We’re building our space based on feedback from our people, which will include the traditional enclosed offices and a more modern and progressive open floor plan, to enhance team collaboration and client service delivery,” Telang said.  “This will be aided by advanced media sharing technologies throughout the office.  We’re building the workplace of the future with a focus on efficiency, personal flexibility and a concern for the environment.”

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This content is for general information purposes only, and should not be used as a substitute for consultation with professional advisors.

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