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People in The News < Back Compliance : Sarbanes Oxley : Auditing : Sarbanes Oxley Sheila T. Smith Named Executive of the Year Smith also Recently Named to NYIC Board of Directors
This is the first year that the NYIC Women’s Division has identified an Executive of the Year. The Executive of the Year award recognizes excellence in entrepreneurial spirit and is presented to those individuals who have achieved noteworthy success in business or who have assisted other women in achieving their goals. By acknowledging excellence in business, leadership and a commitment to fostering the growth and success of other women in business, the NYIC Women’s Division hopes to inspire women to succeed and to help other women achieve success in business and in life. “During her three years of membership in the NYIC, Sheila has proven to be a market leader who some of the world’s largest companies have turned to for advice,” said Harvey Gross, managing director, New York Institute of Credit. “She has demonstrated her commitment to mentoring and supporting other women in the often male-dominated credit industry, and she has made an enormous contributions to the educational efforts of the NYIC by actively participating in our organization’s numerous panels and workshops. It is for all of these reasons that we are thrilled to not only award her as Women’s Division Executive of the Year, but also appoint her as a new board member.” During her more than 15 years of industry experience, Smith has worked in turnaround, bankruptcy and restructuring advisory for diverse parties-in-interest including debtors, secured creditors and unsecured creditor committees in the manufacturing, retail, distribution and high technology industries. She has assisted several private equity firms and publicly traded clients as they assess portfolio companies with respect to financial issues and has helped formulate exit strategies designed to maximize recovery. A Certified Insolvency and Restructuring Advisor (CIRA), Smith is a member of the American College of Bankruptcy, Association of Insolvency & Restructuring Advisors, American Bankruptcy Institute, Commercial Law League of America and the International Women’s Insolvency and Reorganization Confederacy. She has held leadership roles in the Turnaround Management Association of New England, for which she served as president, and the Turnaround Management Association International, for which she was vice president of education. Smith earned her undergraduate and master’s degrees from SUNY Buffalo University; she then went on to earn an MBA from Boston University. As used in this document, “Deloitte” means Deloitte Financial Advisory Services LLP, a subsidiary of Deloitte LLP. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. The New York Institute of Credit (NYIC) was founded in 1918 as the New York Chapter of the National Institute of Credit (NIC). In 1957, NYIC was granted an absolute charter as an educational corporation by the Board of Regents of the State of New York. As a non-profit organization, NYIC has always attempted to bridge the gap between business theory and business practice. As a result, the faculty of NYIC consists of educators who are primarily credit executives or prestigious and articulate accountants or lawyers who are appreciative of the value of a close alliance of the professions. The synergetic education created out of that special relationship has been effective and acknowledged. The administration of the NYIC is conducted by Trustees, elected Officers and a staff which is headed by the Executive Director.
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