John Ferraro, Global Chief Operating Officer for professional services organization EY (formerly Ernst & Young), has played an integral role in EY’s global integration efforts and oversaw the creation of its Europe, Middle East, India and Africa (EMEIA) Area and Asia-Pacific Area. In addition to his responsibilities with EY, Mr. Ferraro is committed to enhancing connections among corporate and government organizations around the world through membership on the Business Council for International Understanding’s (BCIU) board of directors. The BCIU got its start in the mid-1950s in the office of President Dwight D. Eisenhower. Today, it coordinates a variety of information exchange forums, briefings, and networking events with senior-level government officials for members who represent more than 150 internationally known corporations. Designed to foster understanding and cooperation among leaders active in the private and public spheres, the BCIU follows trending issues that affect global markets, including developments in energy, technology, and investing. Among recent events for the BCIU were luncheon discussions with United States diplomatic representatives to Libya, Gabon, and Turkey; a conversation focused on energy matters and their worldwide impacts; and the 2012 Dwight D. Eisenhower Global Awards Gala.
Directing Ernst and Young’s worldwide integration efforts, Global Chief Operating Officer John Ferraro has helped the organization bolster and solidify its market foothold in the Europe, Middle East, India, and Africa (EMEIA) Area and the Asia-Pacific Area. E&Y now stands as the most globally integrated professional services organization. Aside from the responsibilities of his primary executive role, Ferraro functions as one of the company’s senior advisory partners, which allows him to remain closely engaged with a number of EY’s most prominent global clients. To provide increased assurance during uncertain economic times, E&Y collaborates with the Economist Intelligence Unit to assess how globalization affects market behavior in various countries. Data obtained through this multifaceted research project suggests that the international economy is gradually recovering from recent recessions. This recovery is thanks in part to the rise of emerging markets such as Mexico, Korea, Indonesia, and Turkey, countries that each enjoy an annual gross domestic product (GDP) of $1 trillion or more. It was estimated that in 2011, emerging markets accounted for half of the global economy's output—a figure that indicates a distinct shift in the distribution of political and economic power around the world. Ernst and Young has had a longstanding presence in several of these markets and has allocated much of its investments to operations in Africa, China, India, and Brazil. EY member firms now encompass more than 167,000 professionals serving clients in more than 140 countries.
John Ferraro is Global Chief Operating Officer for EY, an international professional services organization (formerly known as Ernst & Young). In his role, Mr. Ferraro is focused on supporting EY’s 175,000 people around the world in delivering exceptional client service. He also played an integral role in EY’s global integration efforts and oversaw the creation of its Europe, Middle East, India and Africa (EMEIA) Area and Asia-Pacific Area. In addition to his career with EY, Mr. Ferraro is involved with a number of organizations, among them Boston College High School, a Jesuit college preparatory school. Mr. Ferraro currently serves as Chairman of the school’s Board of Directors. In this position, he assists in furthering the school’s mission of combining a strong academic program with the promotion of character and values. Founded in the mid-1800s, Boston College High School emphasizes an ethic of service to the greater community among its students. The school strives to offer its students the opportunity to learn from each other, to respect diversity, and to exhibit high levels of cultural competence. In addition to academics, the school stresses participation in music, sports, and social and community clubs.