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Dean's Lecture Series Welcomes Philip Ameen of General Electric October 23

HOUSTON, October 6, 2006—Philip Ameen, vice president and controller, General Electric Company, will speak at the Jesse H. Jones Graduate School of Management, Dean's Lecture Series on Monday, October 23, on “Accounting Complexity—How Much Is Sustainable?” Ameen's lecture will be from 10:30 to 11:30 a.m. in the Shell Oil Foundation Auditorium, Janice and Robert McNair Hall, Rice University.
 
The Dean’s Lecture Series, which has been in place since 1997, is complimented by a new series begun this year, the Executive Lecture Series. Both lecture series bring exemplary business leaders to speak to the Rice MBA, MBA for Executives, and MBA for Professionals students. The Houston business community is invited to attend these lectures without charge..
 
About Philip D. Ameen

Leading General Electric’s controllership team of some 2,000 certified public accountants, Philip D. Ameen is responsible for the internal and external accounting and financial reporting for GE and its subsidiaries. Managing every transaction of a firm whose total book value surpasses $670 billion, Mr. Ameen has worked closely with leaders such as Jack Welch and GE’s current CEO, Jeff Immelt.
 
Named in 2003 as one of the hundred most influential people in finance, according to Treasury & Risk Management, Ameen has an unyielding commitment to compliance, effectiveness, and integrity. He represents a unique example in an era where accounting scandals are frequent.
 
His contributions have led to an increase in the quality of accounting standards, and he currently is associated with virtually every task force created to the improvement of accounting principles, including the following:

  • Trustee of Financial Accounting Foundation
  • Member of the International Financial Reporting Interpretations Committee of the International Accounting Standards Board
  • Member of Center for Excellence in Accounting and Security Analysis (CEASA) Advisory Board
  • Chairman of the Financial Executives Institute’s Committee on Corporate Reporting
  • Member of the FASB’s Emerging Issues Task Force for 11 years, then the longest service period of any EITF member
  • Member of the AICPA's Accounting Standards Executive Committee, where he chaired the working group responsible for Statement of Position, "Internal Use Software"

Ameen graduated from NC-Chapel Hill University and obtained the Sells medal for his CPA exam. He was technical audit partner in the executive office of Peat Marwick Mitchell & Co until 1985 when he joined GE Capital, starting a career of success in the mergers and acquisitions division.