[Congressional Record Volume 150, Number 130 (Monday, October 11, 2004)]
[Extensions of Remarks]
[Page E1934]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                    RETIREMENT OF ALLEN J. WELTMANN

                                 ______
                                 

                         HON. MICHAEL G. OXLEY

                                of ohio

                    in the house of representatives

                        Friday, October 8, 2004

  Mr. OXLEY. Mr. Speaker, we reach the close of the 108th Congress, I 
rise to note the retirement of Allen J. Weltmann after 39 years of 
service to PricewaterhouseCoopers. Allen is a Certified Public 
Accountant and joined the legacy firm of Coopers & Lybrand in 1965 
after graduating from Penn State. Price Waterhouse and Coopers & 
Lybrand merged in 1998.
  Allen began his career as an auditor in Syracuse before moving on to 
Philadelphia and New York. He started the firm's first government 
affairs unit in 1978 and has been one of the accounting profession's 
principal spokespersons in the public policy arena for 20 years. In 
that role I have worked with him on several landmark pieces of 
securities legislation, including the Sarbanes-Oxley Act of 2002, the 
Securities Litigation Uniform Standards Act of 1998 and the Private 
Securities Litigation Reform Act of 1995. Allen has always been held in 
esteem by members of Congress and his colleagues in the private sector 
for his grasp of technical detail and professional demeanor.
  In addition to his work on accounting policy, Allen served as the 
Working Chair of the Transatlantic Business Dialogue, a collaboration 
of US and EU businesses working to reduce trade barriers between 
countries. He also advises the Department of Commerce on accounting 
issues through his seat on the Industry Services Advisory Council.
  Allen belongs to the Pennsylvania Institute of Certified Public 
Accountants and the Greater Washington Society of Certified Public 
Accountants. He and his wife, Judi, live in Chevy Chase, Maryland and 
have four children and eight grandchildren. He plans to remain in the 
Washington area and to serve as Chairman of the Libraries Development 
Advisory Board of Penn State.

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