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Speaker > Biography

Eric KacouLarry D. Bailey, WG’76

President
LDB Consulting, Inc
Washington, D.C.

Former Partner with two international public accounting firms, and Internal Revenue Agent with significant financial and tax background. Specific experiences have been with companies involved in financial services, real estate, healthcare, international tax, sports and entertainment and, personal financial planning. Also possess strong business development ability resulting from relationship skills and leadership through effective team building and commitment to community service.

 

 

EMPLOYMENT HISTORY

July 1, 2002 (Present)
President, LDB Consulting, Inc. Provide strategic financial and tax consulting services to companies and individuals. Services employ experience gained from over thirty years of involvement in the financial and accounting sectors which include deal structure, contract negotiations, capital sourcing and tax strategies.

December 1991-July 1, 2002 (Retired)
Partner - PricewaterhouseCoopers, LLP (formerly Coopers and Lybrand): Responsible for providing financial, accounting and tax services to quasi-government, corporate, partnership, sports franchises and individual clients. Provided accountants due diligence review services on securitizations for the Resolution Trust Corporation (RTC) and the Government National Mortgage Corporation (GNMA). Provided tax and financial consulting services to corporations and individuals involving tax strategies and contract negotiation. Was intricately involved in the negotiation of several landmark contracts in entertainment and sports. Practice development efforts led to well over $100 million of new and recurring business for the Firm, some of which is ongoing. Also served as the Partner-In-Charge of the Africa Desk as the liaison for US firm clients and offices located on the Continent of Africa. Actively involved in campus recruiting, partner development, and diversity programs.

June 1976 - May 1991
Last Position/Partner- KMPG Peat Marwick: Provided tax and consulting services to financial institutions (foreign and domestic), insurance companies, energy companies, real estate, government contractors, investment companies, manufacturers, and individuals. Significant experience gained in tax compliance and consulting. Created significant practice development opportunities at early stage of career through significant community involvement and professional organizations.

June 1972 - July 1974
Revenue Agent: Responsible for audits of individual, corporate and partnership tax returns. Also was a member of the Richmond District's Speakers Panel.

Education

MBA - Wharton Graduate Division - University of Pennsylvania, May 1976. Concentration - Finance.
BS - Accounting - Southern Illinois University, June 1972.

Licenses

Certified Public Accountant (CPA) - District of Columbia and Maryland.

Memberships

American Institute of CPA's, Greater Washington Society of CPA's, Maryland Association of CPA's, National Association of Black Accountants.

Board of Directors

Broadcap Investment Company, a Small Business Investment Company (SBIC);
Group Hospitalization and Medical Services Inc. 2002 - 2005; the DC Affiliate of CareFirst (Blue Cross) 2005 - Present/Member of the Audit Committee, Finance Committee - Chair;
CareFirst, Inc.(Regional Blue Cross Holding Company) 2007 - Present, Member of the Audit Committee and Finance Committees.

Civic (Current)

Africare, Corporate Council on Africa and Joint Center for Political and Economic Studies - Member of the Board of Directors, Treasurer, and Chairman of the Audit Committees; Black Student Fund, Community Foundation - Chairman of the Audit Committee; and Member of the Board of Directors, Corporate Council - currently Vice Chairman.

Alumni (Current)

Wharton Graduate Executive Board; Southern Illinois University School of Business Advisory Board.

Alumni (Previous)

Wharton School - Member of Graduate Executive Board - 2001-Present

Wharton Alumni Association

  • President Washington Chapter - 1983-1984
  • Member of Executive Committee of International Alumni Association - 1985-1987
  • President - International Alumni Association - 1987-1989
  • Recipient of African American MBA Association Outstanding Service Award-2001

University of Pennsylvania

  • Mid Atlantic Trustee Board - Executive Committee - 1992-1994

Southern Illinois University Foundation

  • Trustee - 1994 - 2002
  • Member of Investment Committee

Previous Boards and Organizations

Greater Washington Board of Trade

  • Member - Steering Committee - Legislative Bureau - 1990-1991
  • Chairman - DC Tax Policy Subcommittee - 1990-1991

Prince George's Chamber of Commerce

  • Board of Directors - 1989-1991
  • Chairman - Education Committee 1990

Howard University

  • Instructor of Introductory and Advanced Tax Courses - 1984-1993 (Pro Bono)

Honors and Awards

  • Recipient of the National Association of Black Accountants, Inc. National Achievement Award (Public Accounting) - 1995
  • Black Entertainment Sports Lawyer Association - 1995 Hall of Fame Inductee
  • Recipient of the Joseph Wharton Award, Washington, DC - 1991
  • Honorary Member - Beta Alpha Psi - North Carolina A&T University
  • Southern Illinois University School of Business Hall of Fame - 1991

Fraternal

Member - Sigma Pi Phi (Boulé), Epsilon Chapter

Personal

Married to Loleta Thomas Bailey

Hobbies

Golf and Physical Training

Foreign Languages

French - Basic

 

 

 

 

 

 

 

 

 

 
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