2015 UND Accountancy Fall Magazine

Page 6

Wayne Dewald

Bachelor of Accountancy 1973 Partner, Deloitte (retired) San Jose, Calif.

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Wayne L. Dewald has more than 40 years of professional experience, the majority of his career in service at Deloitte. As a Deloitte partner, his primary client was one of the largest premier private equity firms in the world. For nearly 10 years Wayne was the global lead client service partner for this client, until his retirement in May 2014. As a global leader, Wayne developed dedicated client service teams throughout the world, including London, Paris, Tokyo, Hong Kong, Beijing, Seoul, Sydney, Mumbai, Singapore, and Sao Paulo, which exceeded 150. During his tenure, Wayne led or participated in numerous M&A transactions from a multi-functional basis and was viewed by his client as one of their most trusted business advisors. His hands-on approach and creative solutions to structuring transactions were critical in their public offerings. Wayne led his team in developing many cutting-edge, firstto-the-market solutions for their business needs. As their trusted business advisor, Wayne maintained a close working relationship with their founders and key executives, along with playing an active role with their Board while gaining the confidence of their senior third-party executives on the Board. He regularly provided advice to them in many areas, including risk management, the roles of IT, accounting and tax positions, and governance in a growth environment. He initiated a first-of-its-kind program for introducing them to key executives and company relationships of the firm. Wayne was an active advisor as well to many of the 80-plus portfolio companies they owned and managed, addressing critical issues on a timely basis. For more than 10 years, he also served as the lead tax partner on Safeway Inc. Wayne also led a Deloitte team that

Department of Accountancy Alumni Magazine – 2015 Edition

advised Peter Magowan and his investor group in acquiring the San Francisco Giants in January 1993. Wayne was Peter’s business advisor on many early player transactions. Wayne worked closely with the Private Equity Council for several years, addressing proposed legislation that would affect private equity. In addition to his expertise in the taxation of mergers and acquisitions, he has substantial experience in partnerships, corporations, REITs, international taxation, and consolidated tax returns. A native North Dakotan, Wayne grew up in Streeter and received his bachelor’s degree with a major in accounting in 1973. He earned the Broeker Hendrickson Award given at that time to the top accounting student. After graduation, he became a CPA and joined Haskins & Sells, where he remained until 1978. He then spent several years with several other companies, including Genstar Corporation, a Canadian building materials and financial services firm; Carma Developers, a Canadian residential developer; and Coopers & Lybrand, where he worked in international tax. He returned to Deloitte in June 1984 as a senior manager in the real estate practice. He was admitted to the partnership in June 1986 and began working on the Company X account two months later. He is a member of the American Institute of Certified Public Accountants and California Society of Certified Public Accountants. Wayne has a daughter, Stephanie, and a son, Eric, both of whom are now working at Deloitte. His son is engaged to be married in 2016. Wayne’s mother, June, lives with his sister, Pamela, and her husband, Les, on a farm near LaMoure, N.D.


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