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NAME AND TITLE: Javier H. Rubinstein, global general counsel. AGE: 43 ACCOUNTING EMPIRE: Pricewater-houseCoopers International Ltd. (PwC) was formed in 1998, when Price Waterhouse merged with Coopers & Lybrand. The product of that merger is one of the world’s largest accounting firms. PwC is the umbrella organization for a worldwide network of independent firms with 770 offices in 149 countries. It counts among its clients 425 of the companies in the Financial Times Global 500, plus a much larger number of smaller companies in 29 industrial categories. PwC offers three broad product lines-assurance, which includes auditing, accounting and financial and regulatory reporting; taxes; and consulting on human resources, transactions, performance improvement, crisis management and the challenges facing companies expanding outside their home countries into the global market. “PwC is the embodiment of globalization,” Rubinstein said. “The business of PwC is facilitating international business, whether it is assurance or tax services or advisory and consulting services. The network assists the client who is interested in doing business around the world, whatever their problem is or wherever their business needs are.” Nearly two-thirds of PwC revenues are outside of North America, with significant revenues deriving from Brazil, China, India, Russia and other countries with rapidly expanding economies. The former Andersen organization in China and Hong Kong joined PwC after Andersen unraveled following the collapse of Enron Corp. in 2002. The network of independently owned PwC firms, which employ more than 140,000 people, reported total revenues of $20 billion in fiscal year 2006, representing an increase of 11% from 2005. ROUTE TO PRESENT POSITION: Rubinstein, a native of Argentina who grew up in Chicago, took his bachelor’s degree in 1984 from the University of Michigan. He holds a master’s degree in public policy from the John F. Kennedy School of Government at Harvard University. He studied law at Georgetown University Law Center. “When I went to law school I knew I wanted to do international work, but I had no idea what that meant,” Rubinstein said. He quickly figured it out. He took his law degree straight to the Chicago headquarters of Mayer, Brown, Rowe & Maw, where he specialized in international commercial arbitration and litigation. Arbitration has become the favored avenue for settling cross-border business disputes for the simple reason that litigation is even more unpleasant in a foreign jurisdiction, Rubinstein said. “Arbitration is the only way to litigate in a neutral forum,” he said. “No one is comfortable litigating in the courts of another country. If you look at where in the world people overseas are most afraid to litigate, the United States is at the top of the list.” Rubinstein has represented clients from North America, Latin America, Europe and Asia in complex international commercial arbitration. He argued cases before the International Chamber of Commerce’s International Court of Arbitration, the International Centre for the Settlement of Investment Disputes, the London Court of International Arbitration and the Court of Arbitration for Sport. The arbitration cases he has argued over the years involved the laws of Argentina, Greece, Mexico, Panama, Peru, Switzerland, the United Kingdom, France, Israel and the United States. Because he grew up speaking Spanish, and still does when in the home of his parents, he was a favorite with clients in Latin America. Rubinstein joined PwC in October 2006. LEGAL TEAM AND OUTSIDE COUNSEL: Rubinstein has eight attorneys working for PwC International who report directly to him. Another 115 attorneys work within the global network of firms affiliated with PwC, and he works with them as required. PwC’s in-house talent is focused on corporate, litigation, regulatory and intellectual property matters. The PwC network works with hundreds of outside firms, most of which are retained as needed. Rubinstein works most closely with the London office of Linklaters on corporate dealings; Herbert Smith in London on litigation; Heller Ehrman offices in San Francisco and New York for U.S. litigation; and his alma mater firm Mayer, Brown, Rowe & Maw, both the Chicago and Washington offices, for litigation and government affairs. DAILY DUTIES: Rubinstein serves on what he called the “extended leadership team” that oversees PwC worldwide. He reports directly to Michael O. Gagnon, the global managing partner for risk and quality matters, and ultimately to Chief Executive Officer Samuel A. DiPiazza. “Now I am both a lawyer and an executive,” Rubinstein said. “My job is to identify risks for management, but that’s not where my job stops. I have to help make the decision, to think through the process. I am an adviser involved in discussions about the future direction of the network. I enjoy that.” Rubinstein is enjoying the move in-house after a career moving from client to client. “The in-house lawyer understands the business better than an outside lawyer possibly can,” he said. “There are some very significant issues the organization is involved with, like auditor liability, the future of the capital markets, the competitiveness of the capital markets. Being involved at the global level, I have the opportunity to participate in dialogue on these issues. It’s very interesting, and important.” PERSONAL: Rubinstein was reared with the global perspective that has shaped his career. His Argentine father graduated from medical school in his native land, served his residency in the United States and returned to Argentina, where he met and married Rubinstein’s mother. When Rubinstein was 2 years old, his father accepted an offer to practice at a hospital in Chicago, which is the place Rubinstein calls home in the United States. He holds both U.S. and Argentine citizenships. Rubinstein and wife, Lisa, have two children: Stefanie, 15, and Jason, 13. “Being Argentine has had a strong influence on me. My parents traveled a lot when I was young, and I am doing it with my own kids,” he said. “If you travel a lot as a child you realize the world is big and you can’t be satisfied with less than that.” LAST BOOK AND MOVIE: Devil in the White City, by Eric Larson, and Casino Royale.

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