Doyle Z. Williams, chair of the AICPA Awards Committee, presented the Institute’s 2006 Special Recognition Award to Bernard J. Milano, CPA, a retired partner of KPMG LLP, at the annual meeting of the American Accounting Association in Washington, D.C. The award was in recognition of Milano’s work to increase diversity in university business programs through the KPMG Foundation’s PhD Project. When the project began in 1994, there were 294 minority faculty members in U.S. business schools; today there are 812. Approximately 400 minority students currently are pursuing doctorates.
Milano, who retired from KPMG in 2000, stayed on as president of the foundation as well as the KPMG Disaster Relief Fund. He also is a member of President Bush’s Board of Advisors on Historically Black Colleges and Universities, and a former member of several AICPA committees.