JOHN T. SCHIFFMAN, CPA

 

      Business Address                                                                                                                                                                             Home Address

    Schiffman, Paul & Dattilio, P.C.                                                                                                                                                               24 Rip Road

            P.O. Box 5512                                                                                                                                                                  Hanover, New Hampshire  03755

    Hanover, New Hampshire  03755

 

 

 

 

SIGNIFICANT ACHIEVEMENTS

 

Chief Executive Officer

·      As Senior Partner, shepherded Regional CPA firm’s growth from 15-160 professionals

        (formerly one of 50 largest in USA).  Anticipated threats to economic survival of partnership and orchestrated a managed contraction returning firm to profitable condition and successful sale.

·      Chairman, AICPA Life Insurance Trust.  Responsibilities include leadership, oversight, administration and coordination of largest, U.S. based, group life insurance plan.

 

Strategic Planner

·      Cited by bankers as extremely innovative in finding creative solutions to client financial opportunities.

·      As member of AICPA Strategic Planning Committee, actively involved in defining future trends which the profession must address to assure its continued success.

·      As Director of $750 million sales N.Y.S.E. Company (PSNH), assisted in developing strategy and policies necessary to safeguard major investment in nuclear power plant construction.

·      As practicing CPA for 30+ years, gained intimate familiarity with needs of clients and political acumen to develop programs to achieve financial and organizational objectives.

 

Spokesperson

·      Solicited as expert witness throughout New England to testify on such topics as:  accounting and professional CPA competency matters; fraud investigations and business valuation issues.

 

Arbitration

·      Chairman, Arbitration Panel in re:  City of New York vs. Port Authority of New York and New Jersey claim involving lease interpretations and $900 million damages.

 

 

EMPLOYMENT HISTORY

 

Founder - Schiffman, Paul & Dattilio, P.C.,(formerly Schiffman & Company, P.C.) Hanover, New Hampshire (Present)

Specialists in middle market companies, litigation services, financial remediation and arbitration assignments.

 

Senior Partner - Smith Batchelder & Rugg, Hanover, New Hampshire (1967-1995)

Chair, Executive Committee.  Specializing in merger and acquisition work, litigation services, and

peer reviews.  Managed firm’s largest office.  Served as consulting partner on SEC-related engagements.

 

Controller - Henschel Shoe Company, Littleton, New Hampshire (1966-1967)

Supervised accounting staff.  Administered production control, purchasing and personnel.  Resigned after six months due to forced relocation to corporate headquarters in New York City.

 

Senior Auditor - Ernst & Ernst, Boston, Massachusetts (1963-1967)

Audited SEC and privately owned clients.

 

PROFESSIONAL SERVICE

American Institute of Certified Public Accountants (AICPA)

Elected Member of National Governing Council

Mission Committee - developed first mission statement for Institute

Strategic Planning, Governance and Structure, and Professional Ethics Committees

 

Chairman, AICPA Life Insurance/Disability Plan Committee

Supervise Life Insurance Plan; $85 billion of life insurance in place for 239,000 members.

 

Chairman, PCPS Division of CPA Firms

Chair, Executive Committee - led Committee through difficult formative stage

Peer Review Committee - involved in creating profession’s national quality assurance program

 

New Hampshire Society of Certified Public Accountants

Past President and Member, Board of Directors

 

American Arbitration Association -- Member

 

National Association of Security Dealers -- Public Member Arbitration Panel

 

National Association of Certified Valuation Analysts -- Qualified for membership

 

Corporate Directorships:

Public Service Company of New Hampshire (NYSE Company)

Elected to Board in midst of Seabrook Power Plant construction (1983)

Chaired Audit Committee

Member, Four Person Bankruptcy Committee which orchestrated an increase in value of    Company’s bankrupt estate from $1.0 billion to $2.3 billion while satisfying all debt,

      equity and government claims

 

Business and Industry Association of New Hampshire

Board Member, Treasurer and Chairman, Fiscal Policy Committee

Bethel Mills, Inc.

Northern Community Investment Corporation

 

 

PUBLIC AND COMMUNITY SERVICE

Government Relations:

Governor’s Special Committee on Utility Financing

Senatorial appointment

 

AICPA Key Contact Program

Liaison with statewide congressional delegation

 

Civic Endeavors:

Dresden School Board Member

Mary Hitchcock Memorial Hospital Overseer

Upper Valley Charitable Foundation Incorporator

Howe Library Trustee

Franconia College - Trustee and Treasurer

 

EDUCATION

Amos Tuck School of Business Administration (Dartmouth College)      M.B.A. Accounting, 1963

Dartmouth College - Hanover, New Hampshire                                     A.B. Government, 1962

CPA licensed in Massachusetts, New Hampshire and Vermont