Biographical Data:

Phillip B. Dennison, CPA
Packer Thomas
6 Federal Plaza Central, Suite 1000
Youngstown, Ohio 44503
Phone: 330-744-4277
Fax: 330-744-1734
Email: pbdennison@packerthomas.com

Professional Experience

Principal with Packer Thomas, a regional accounting firm with over 50 people employed and offices in Youngstown, Ohio, and New Castle, Pennsylvania (April 1993–present).

President of Packer Thomas (1996–2008).

Ernst & Young, an international professional services firm (1972–April 1993); a partner for 8 years. Certified Public Accountant in Ohio and Pennsylvania. Certified Financial Services Auditor.

Broad-based industry professional with over 35 years experience.

Consultant to entities on acquisition strategies, acquisition audits, accounting methods, transaction structuring and evaluation of merger candidates.

Diverse industry experience in colleges and universities, hospitals, manufacturing, banking, and credit unions.

Experience in SEC reporting, registrations, mergers, acquisitions, and international operations.

Provide leadership to start up entities on corporate structure, financing, financial projections, and other key start up issues.

Client leadership responsibilities have included:

• Public University: revenues in excess of $40 million; over 3,200 employees; complete outsource of Risk Assessment and Internal Audit Functions
• Regional Hospital: revenues in excess of $160 million; over 1,500 employees; complete outsource of Risk Assessment and Internal Audit Functions
• Regional Hospital: revenues in excess of $380 million; over 4,000 employees; debt restructuring, board governance and insolvency consulting
• SEC registrant: complete outsource of SOX 404 documentation implementation
• Bank Holding Company: $450 millions in assets; SEC registrant and SOX 404 filer; PCAOB Audit
• Manufacturing Company with international operations: sales in excess of $500 million; SEC registrant; Audit Services
  

Community Leadership

Forum Health: Board of Trustees (2000–present); Chairman (2008–present); Vice Chairman (2004–2008); Finance Committee Chairman (2004–2008); Compliance and Audit Committee Chairman (2002–2004); continue to serve on Executive, Finance, Compliance and Audit, and Investment Committees. Forum is a multi-hospital system with annual revenues of $500 million.

Grow Mahoning Valley: Chairman (April 2003–present). Grow Mahoning Valley is a public/ private / labor organization that prioritizes infrastructure projects over a three county area.

Youngstown State University Williamson School of Business: Business Advisory Council (1982-1985); Business Advisory Council Chairman (2004–present).

Community Foundation of Mahoning Valley: Board of Trustees (2008–present).

Youngstown/Warren Regional Chamber of Commerce: Board of Trustees (1993–2003); Vice Chairman (1997–1998); Chairman (1999–2000).

The Youngstown Foundation: Distribution Committee (2004, 2006, 2008).

Tippecanoe Country Club: Board of Directors (1992–1996); President (1995–1996); Treasurer (1992–1994); Tennis Chairman (1993); Pool and Tennis Chairman (1992).

Youngstown/Mahoning Valley United Way: Campaign Chair (1998). Raised over $3 million in contributions for United Way.

Youngstown Chamber of Commerce: Board of Trustees (1990–1994). Served on special eight-member committee that developed plan to merge the Youngstown, Warren, and Niles Chambers of Commerce into the Youngstown/Warren Regional Chambers.

Youngstown/Warren Regional Chamber of Commerce Economic Development Committee: Chairman (1994–1998).

Community Honors

Williamson College of Business Administration: Youngstown State University Outstanding Business Alumnus Award (2000).

Spirit Of The Chamber Award (2003): Presented by the Youngstown / Warren Regional Chamber for service to the Chamber.

Packer Thomas was the recipient of the Better Business Bureau’s National Torch Award For Marketplace Ethics (2001).

Honorary Chair of the Tri-county golf classic sponsored by the American Cancer Society (2004).

Recipient of “Small Business Accountant Advocate Award” by the Chamber of Commerce (1992).

Leadership Youngstown Alumnus (1991): A community leadership development organization.

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