Shaw Group Picks Former Deloitte Partner for Chief Accounting Officer

January 26, 2012

By Michael Foster, Big4.com Blogger

Timothy J. Poché has been assigned Chief Accounting Officer for The Shaw Group, an engineering and construction Fortune 500 company based in Louisiana. Previously, Poché was an auditing partner at Deloitte & Touche, where he was a professional practices director at the Big4 firm’s New Orleans office.

Poché previously worked inside the Securities and Exchange Commission services group at Deloitte, experience which Shaw hopes will give him the skills to ensure the company abides by SEC regulations. Shaw Executive Vice President Brian Ferraioli said in a public statement that Poché’s “experience performing risk assessments, internal control evaluation, and interpretation of accounting standards, along with his knowledge of SEC rules and regulations, will be a significant asset in this critical role.”

The Shaw Group underwent an informal probe for accounting discrepencies in 2004 relating to merger and acquisition activity, but was subsequently cleared. More recently, it has been ordered to improve its response to safety complaints by the U.S. Nuclear Regulatory Commission in 2010 following whistleblower complaints and heightened concerns about the safety of nuclear power after the Fukushima earthquake.

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