Mark Weinberger

Early life and education

Mark Weinberger was born in Scranton, Pennsylvania. He graduated from Wyoming Seminary, a Methodist college preparatory school Kingston, Pennsylvania, in 1979. He received a Bachelor of Arts from Emory University in Atlanta, Georgia in 1983. In 1987, he earned a Master of Business Administration and Juris Doctor from Case Western Reserve University in Cleveland, Ohio, followed by a Master of Law from Georgetown University Law Center in Washington, D.C. in 1991.

Career

Following his studies at Case Western Reserve University, Weinberger joined EY's tax department in 1987. He later moved from the private sector to the public sector, becoming tax counsel for Sen. John C. Danforth, a Republican from Missouri. He maintained that post through the early 1990s before becoming chief of staff for the 1994 Entitlement and Tax Reform Committee, which had considered raising the retirement age for Social Security recipients, increasing premiums for Medicare and restricting tax deductions for interest on home mortgages.

Weinberger co-founded Washington Counsel, P.C., in 1996. EY acquired the firm in May 2000, which was renamed Washington Council Ernst & Young. From then until February 2001 Weinberger ran EY's national tax department.

In late 2000 and early 2001, two U.S. presidents tapped Weinberger to return to the public sector. In 2000, President Bill Clinton appointed Weinberger to the Social Security Advisory Board. Weinberger left EY's national tax department in February 2001 to serve as President George W. Bush's Assistant Secretary of the Treasury for Tax Policy. Weinberger returned to EY from the United States Treasury Department in April 2002.

EY announced in January 2012 that Weinberger would succeed retiring CEO Jim Turley by taking on the role of global chairman and CEO in July 2013.

AT&T chairman and CEO Randall Stephenson named Weinberger chairman of the Business Roundtable's tax and fiscal policy committee in December 2014. He serves on the 2016-2017 executive committee. As president-elect, Donald Trump invited Weinberger and 15 other chief executives to join the President's Strategic and Policy Forum in December 2016, tasked with helping Trump establish an agenda that benefits the business community. Additionally, he is a member of the boards of directors for Catalyst, American Council for Capital Formation, The Tax Council and The Bullis School; and the boards of trustees for Emory University and Case Western Reserve University.

Weinberger has advocated for tax reform and women in the workplace. He has advocated for increased paid family leave, including paternity leave, and EY has extended its policy from 12 to 16 weeks, and finding the right balance between fatherhood and work. He has spoken at the Milken Institute, World Economic Forum in Davos, Switzerland, and Aspen Ideas Festival. He has appeared on news programs, including those on CNBC and Fox Business, offering commentary on business and the economy. He has been interviewed by The Wall Street Journal and his writing has appeared in Financial Times and The Huffington Post, among others.

Honors and recognition

The Anti-Defamation League presented Weinberger with its Achievement Award in December 2012. In September 2015, Weinberger delivered the Robert S. Hatfield Fellow in Economic Education lecture at Cornell University. In 2016, Weinberger was named among the best bosses in the UK, as voted for by their employees, with a 91-percent approval rating. In 2016, Weinberger was ranked No. 14 on Glassdoor's Highest Rated CEOs list, with a 95-percent approval rating.

Personal life

Weinberger and his wife, Nancy, have four children. He lives in Potomac, Maryland.