Mark Weinberger

Mark A. Weinberger
Mark A. Weinberger
Born	1964/1965; Scranton, Pennsylvania, U.S.
Occupation	Executive
Years active	1987–present
Known for	Global chairman and CEO of EY (Ernst & Young)

Mark A. Weinberger (born 1964/1965) is an American executive known for his tenure as global chairman and CEO of EY (formerly Ernst & Young). He currently holds board memberships at Metlife, Johnson & Johnson, Saudi Aramco, and JPMorgan Chase. Earlier in his professional journey, Weinberger served in governmental positions in Washington, D.C., including the role of Assistant Secretary of the Treasury for Tax Policy.

Early life and education

Born in Scranton, Pennsylvania to Goldye (née Schick) and Murray Weinberger, he is of Jewish heritage. Weinberger completed his secondary education at Wyoming Seminary, a preparatory school located in Kingston, Pennsylvania, graduating in 1979. He attained a Bachelor of Arts degree from Emory University in 1983. Subsequently, he earned both an MBA and a Juris Doctor from Case Western Reserve University in Cleveland, Ohio in 1987, followed by a Master of Law degree from Georgetown University Law Center in 1991.

Career

Upon finishing his studies at Case Western Reserve University, Weinberger began his career at EY’s tax division in 1987. He later moved into public service as tax counsel for Senator John C. Danforth, a Missouri Republican, and acted as chief of staff for the 1994 Entitlement and Tax Reform Committee, which concentrated on reforms related to Social Security, Medicare, and tax deductions.

In 1996, Weinberger co-established Washington Counsel, P.C., which EY acquired in 2000 and rebranded as Washington Council Ernst & Young. He subsequently led EY’s national tax practice until February 2001.

Weinberger received appointments from two U.S. presidents: President Bill Clinton designated him to the Social Security Advisory Board in 2000, and President George W. Bush appointed him Assistant Secretary of the Treasury for Tax Policy in 2001. After returning to EY in 2002, he also contributed to President Obama’s Infrastructure task force.

EY announced in January 2012 that Weinberger would replace CEO Jim Turley as global chairman and CEO starting July 2013. In December 2014, AT&T CEO Randall Stephenson named him chairman of the Business Roundtable’s tax and fiscal policy committee. Additionally, he was part of the organization’s executive committee from 2016 through 2019.

In December 2016, then President-elect Donald Trump invited Weinberger to join the Strategic and Policy Forum to provide guidance on policies favorable to business. Carmine Di Sibio was named as his successor at EY effective July 2019.

Following his departure from EY, Weinberger took on board roles with leading companies such as MetLife, Johnson & Johnson, and Saudi Aramco. He also acts as senior advisor to organizations including FCLTGlobal, G100, World 50m, and Just Capital. His board affiliations extend to the National Bureau of Economic Research, Catalyst, American Council for Capital Formation, The Tax Council, The Bullis School; he also serves as trustee at Emory University and Case Western Reserve University. Internationally, he co-chaired Russia’s Foreign Investment Advisory Council alongside Prime Minister Dmitry Medvedev and leads Shanghai’s International Business Leaders Advisory Council (IBLAC).

Weinberger has been an outspoken proponent of tax reform and enhancing workplace diversity initiatives. He advocates for broader paid family leave policies; during his leadership at EY, the company extended paid family leave from 12 to 16 weeks. In June 2017, he joined other global CEOs including Indra Nooyi and Jamie Dimon to encourage long-term value creation through integrated capital strategies.

He has delivered presentations at prominent venues such as the Milken Institute, World Economic Forum in Davos, and Aspen Ideas Festival. Frequently appearing on CNBC, Fox Business, Bloomberg, and interviewed by The Wall Street Journal, Weinberger offers expert analysis on economic and business matters. His articles have been published in outlets like Financial Times and The Huffington Post.

Honors and recognition

In December 2012, the Anti-Defamation League honored Weinberger with its Achievement Award. He presented the Robert S. Hatfield Fellow in Economic Education lecture at Cornell University in September 2015. That same year, he was the recipient of the Pillar of Excellence Award from the Tax Council Policy Institute. His former institution, the Weatherhead School of Management at Case Western Reserve University, bestowed upon him the Braden Award in 2017. Additionally, in November 2018, Weinberger was recognized with the Distinguished Service Award by the Tax Foundation. He also holds an honorary doctorate granted by the Kogod School of Business at American University located in Washington DC.

Weinberger was acknowledged as one of the top employers in the UK in 2016, achieving a 91 percent approval rating from employees. Between 2015 and 2019, he maintained a consistent presence on Glassdoor's list of Highest Rated CEOs.

Personal life

Weinberger and his spouse, Nancy Lee (née Williams), are parents to four children. Their home is situated in Potomac, Maryland.

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