Three Inducted Into Business and Industry Hall of Fame

Mike Harreld Jr., Gary R. Kabureck and Paul J. MacDonald were the 2008 inductees into the AICPA Business and Industry Hall of Fame.

Harreld, executive vice president and CFO of Southern Co. Transmission in Atlanta, has directed programs to reduce administrative costs through technology and provided leadership and direction for the company’s Sarbanes-Oxley 404 compliance efforts. He is also responsible for significantly reducing interest costs by refinancing $3 billion of long-term debt.

Kabureck, corporate vice president and chief accounting officer of Xerox Corp. in Norwalk, Conn., played an important role in aligning the accounting and internal control organizations with the company’s new business model after a significant turnaround period. He led the Xerox implementations of the Sarbanes-Oxley Act and other regulatory initiatives and has been a strong supporter of the recruitment, training, promotion and mentoring of CPAs.

MacDonald, vice president of finance for the Detroit Red Wings, oversees an $80 million to $100 million budget for the NHL franchise. He manages a wide range of operations, including all daily accounting functions, budgeting, internal and external reporting, audits, insurance, and tax matters. In his tenure with the Red Wings, MacDonald has played an integral part in cutting costs.

The AICPA Business and Industry Hall of Fame honors CPAs who provide insight and vision to their organizations, understand all facets of their enterprise and demonstrate the leadership, commitment and strategic ability necessary to help their organizations meet the challenges of today’s dynamic market conditions.

The three finalists were chosen by a panel of judges assembled by the AICPA and were presented with the honor at the Fall Controllers Workshop in Lake Buena Vista, Fla.