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  Current CAO will assume additional responsibilities for finance and other key functions.
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BearingPoint names new CFO

BearingPoint’s board has named Judy Ethell, a member of its executive leadership team and currently Chief Accounting Officer, Chief Financial Officer of the company. She will report to Chief Executive Officer Harry You.

Ethell will retain her title as CAO while You, who became interim CFO in May 2005, will focus solely on his role as CEO.

As BearingPoint's Executive Vice President and Chief Accounting Officer over the last 15 months, Ethell transformed the finance organization, leading a comprehensive effort to retool and materially upgrade BearingPoint's accounting, financial reporting and auditing functions. BearingPoint said her involvement was crucial to the completion of the audit of the company's 2004 financial statements and she is leading the effort to complete the audit on the 2005 and 2006 financial statements. Ethell was also responsible for developing and implementing new global financial control, human resource, and client reporting systems.

A Certified Public Accountant for 23 years, Ethell has more than 20 years of professional experience working with Fortune 500 companies with Sarbanes-Oxley readiness and testing from a systems, processes and procedures perspective. Prior to joining BearingPoint in July, 2005, Ethell served as Tax Partner in charge of the St. Louis office of PricewaterhouseCoopers, LLP, where she was responsible for managing 120 professionals in all aspects of the business.
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