Who's Who of Top Executives

Paul H. Phillips III

Title: Partner
Company: Ernst & Young LLP
Location: Westlake, Texas, United States

Paul H. Phillips III, partner at Ernst & Young LLP, has been recognized by Marquis Who’s Who Top Executives for dedication, achievements, and leadership in global accounting.

Mr. Phillips, a seasoned tax professional and financial executive, has distinguished himself as a pivotal leader within the global accounting landscape. Currently, he serves as a partner at Ernst & Young (EY) LLP, one of the foremost names in global accounting. In his multifaceted role, he serves as the tax and strategy leader of EY’s Global Captive Network and as America’s Insurance Tax Markets Leader. His expertise extends to advising a diverse clientele, helping to establish new insurance companies, and spearheading the strategic initiatives of EY’s insurance tax professionals.

Prior to his current position, Mr. Phillips demonstrated his adeptness in various capacities within EY, including chief operational officer and tax markets leader. His journey in the accounting sector commenced after obtaining a Bachelor of Science in accounting from Southeastern Louisiana University in 1992. His academic pursuits continued with a Master of Science in tax from DePaul University’s Driehaus College of Business in 1999 and a Master of Business Administration from Ohio State University’s Fisher College of Business in 2010. Additionally, he completed the Global Insurance Institute program at Wharton in 2006.

Beyond his primary professional commitments, Mr. Phillips is engaged in community service. He serves as a board member and the Adult League Commissioner for the Grapevine Southlake Soccer Association, a trustee for Sigma Tau Gamma Fraternity, and a board member of Community Connections, which supports special needs children in North Central Texas.

Mr. Phillips’s career is marked by significant achievements and recognition. Notably, he was inducted into the Hall of Fame for services to the captive insurance industry by Captive Review and has been consistently featured in the Power 50 list, which highlights the top professionals in the insurance sector annually since 2017. His dedication to fostering a culture of servant leadership, emphasizing the importance of recognizing individual talents and promoting growth within the organization, has been a cornerstone of his professional philosophy.

Raised in the rural landscapes of southern Louisiana, Mr. Phillips’s humble beginnings instilled in him a profound sense of discipline and a persistent drive to improve his future and that of his family. His early experiences in taekwondo and as a member of his college fraternity shaped his character and leadership style, emphasizing unity, trust, and the empowerment of others.

Looking forward, Mr. Phillips aspires to explore new opportunities that leverage his vast experience and influence to make a meaningful impact. He is not considering retirement but is actively seeking avenues to contribute further to both his professional field and his community.

Mr. Phillips holds certifications as a certified public accountant in Illinois, Louisiana, Ohio and Texas. He remains affiliated with several professional organizations, including the American Institute of Certified Public Accountants and the Life Management Institute, where he is a distinguished fellow. His advice to aspiring professionals in his field is to embrace the uniqueness of every individual and situation, challenge the status quo, and continually seek ways to provide support and opportunities for growth.

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