Ernst & Young is the result of a long history of mergers.
The oldest of the firms that make up Ernst & Young was founded in 1849 in England as Harding & Pullein. That year Frederick Whinney joined the firm. When he made partner, and with his sons in the business, the firm was renamed Whinney Smith & Whinney.
The firm Ernst & Ernst was founded in 1903 in Cleveland. Arthur Young & Co. was founded by Arthur Young in Chicago.
In 1979 Whinney Smith & Whinney merged with Ernst & Ernst to form the fourth-largest accounting firm in the world, Ernst & Whinney.
In 1989 Ernst & Whinney merged with the fifth-largest accounting firm, Arthur Young, to create Ernst & Young.
Ernst & Young went through a rebranding in 2013 and the name of the company was officially changed to EY, which had been an informal name for the company previous to the rebranding.
Today EY is a multinational professional services firm. The firm creates a network of member firms which are separate legal entities in different countries.
EY is #8 on the Forbes list of America’s Largest Private Companies. The company has 152,000 employees and more than 700 offices in 150 countries. EY’s revenue for 2011 was $22.88 billion.
Ernst & Young
Ernst & Young is the result of a long history of mergers.
The oldest of the firms that make up Ernst & Young was founded in 1849 in England as Harding & Pullein. That year Frederick Whinney joined the firm. When he made partner, and with his sons in the business, the firm was renamed Whinney Smith & Whinney.
The firm Ernst & Ernst was founded in 1903 in Cleveland. Arthur Young & Co. was founded by Arthur Young in Chicago.
History
In 1979 Whinney Smith & Whinney merged with Ernst & Ernst to form the fourth-largest accounting firm in the world, Ernst & Whinney.
In 1989 Ernst & Whinney merged with the fifth-largest accounting firm, Arthur Young, to create Ernst & Young.
Ernst & Young went through a rebranding in 2013 and the name of the company was officially changed to EY, which had been an informal name for the company previous to the rebranding.
Today EY is a multinational professional services firm. The firm creates a network of member firms which are separate legal entities in different countries.
EY is #8 on the Forbes list of America’s Largest Private Companies. The company has 152,000 employees and more than 700 offices in 150 countries. EY’s revenue for 2011 was $22.88 billion.