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Carter Pate has served since 1996 in a number of positions with PricewaterhouseCoopers, LLC.
Carter Pate has held a number of senior positions at PricewaterhouseCoopers, LLP in New York and Washington, D.C., since he joined the firm in 1996. Since 2009, he has served as the Global and U.S. Managing Partner of Government Services, Capital Projects, and Infrastructure there. Carter Pate is also a Certified Public Accountant in Texas, Virginia, New York, and the District of Columbia and holds a Top Secret U.S. government clearance. Carter Pate attended Greensboro College in North Carolina, where he earned a Bachelor of Science in 1976. He later went on to complete a Master’s degree in Accounting and Information Systems at The University of Texas at Dallas in December 2003, and he graduated with a 4.0 GPA. In May 2010, Carter Pate was awarded an Honorary Doctorate of Humane Letters from Greensboro College in recognition of his excellent work as the school’s Chairman of the Board of Directors. After earning his BS, Carter Pate served for several years as a Commercial Lending Officer and Assistant Vice President at Home Federal Bank in Greensboro before joining William Hudson Chemical Trading in New York as the company’s Finance Director. In that capacity, he uncovered embezzlement in an investment company and assisted with the insolvency and restructuring that followed the discovery. In 1987, Mr. Pate left William Hudson to serve as a Founding Partner at Pate, Winters & Stone in Dallas. A management consulting firm, Pate, Winters & Stone focused its efforts on management turnarounds, crisis handling, balance sheet restructuring, bankruptcies, and workouts. As a co-founder, Carter Pate was instrumental in building the firm up to 200 employees and working on a number of large projects, including one very successful partnership with Sun Coast Industries. In 1996, Carter Pate accepted his first position with PricewaterhouseCoopers as a Direct Admit Partner, and he served in this role for two years before earning a promotion to U.S. Leader of Restructuring Services. In 2000, he became the U.S. Managing Partner of Advisory Services and began handling the day-to-day management of the profit and loss and operations divisions of PricewaterhouseCoopers. After a year, from 2004 to 2005, as Managing Partner of U.S. Markets and several years as U.S. Managing Partner of Government Services, Carter Pate accepted his current position.
Carter Pate's Publications
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An Interview with Carter Pate: Part 2
, Carter Pate's Blog on Bigsight
October, 2011
Interviewer: Thank you for joining us today, Mr. Pate. While acting as the Finance Director for William Hudson Chemical Trading, you witnessed firsthand the damage that can occur when a company fails to thoroughly vet the financial practices of its business partners. Can you tell us a bit about corporate fraud as it applies to your experience at William Hudson Chemical Trading?
Carter Pate: Certainly. As a Certified Fraud Examiner (CFE), I have often been called upon to uncover, assess, and put an end to inappropriate and illegal activities, especially those tied to major financial transactions between collaborating enterprises. Once an allegation of fraud comes to light, a CFE such as myself typically begins stabilizing the situation via detailed gathering and examination of pertinent evidence. Once a CFE has acquired enough information to support subsequent prosecutorial undertakings, he or she will likely be asked to undertake an internal audit, testify as an expert witness in legal proceedings, or simply compose a statement that a company can use to bolster its case against the individuals who participated in illicit dealings.
Interviewer: You co-founded a Dallas, Texas-bases management consultancy firm after leaving your post at William Hudson Chemical Trading. What led you pursue this entrepreneurial endeavor?
Carter Pate: With the formation of Pate, Winters & Stone, I recognized an opportunity to leverage my skills and knowledge in an optimal way. Although I certainly enjoyed the time I spent at William Hudson Chemical Trading, I was ready to create new challenges for myself in the professional arena. As Pate, Winters & Stone grew, numerous companies approached us to re-structure their financial departments and implement policies beneficial to both investors and the organizations themselves. I view my work with Sun Coast Industries as a good example of the aforementioned services that Pate, Winters & Stone made available to its clientele.
An Interview with Carter Pate: Part 3
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