Ernst & Young

Ernst & Young (doing business as EY) is a multinational professional services firm headquartered in London, England, United Kingdom. EY is one of the largest professional services firms in the world.[5] Along with Deloitte, KPMG and PricewaterhouseCoopers (PwC), EY is considered one of the Big Four accounting firms. EY has recently shifted its historical business focus towards consulting. In particular, EY advanced its market presence in strategic consulting and entered into direct competition with what has been a traditional field of "Big Three" companies, namely Bain, McKinsey and BCG.[6] By series of acquisitions and shift of market focus, EY expanded its market share[7] in areas including operations services consulting, strategy services consulting, HR services consulting, financial services consulting & technology services consulting.[8]

EY operates as a network of member firms which are separate legal entities in individual countries. It has 270,000 employees in over 700 offices around 150 countries in the world[4]. It provides assurance (including financial audit), tax, consulting and advisory services to companies.[9]

The firm dates back to 1849 with the founding of Harding & Pullein in England. The current firm was formed by a merger of Ernst & Whinney and Arthur Young & Co. in 1989.[10] It was known as Ernst & Young until 2013 when it underwent a rebranding to EY. The acronym "EY" was already an informal name for the firm prior to its official adoption.[11]

In 2018, Fortune magazine ranked EY 52nd on the 100 Best Companies to Work For list.[12] In 2017, EY was the 9th largest privately owned organization in the United States.[13]

EY
Member firms have different legal structures
(USA and UK: Limited Liability Partnership)
IndustryProfessional services
Founded1989 (through the merger of Ernst & Whinney and Arthur Young & Co. Oldest component from 1849)[1]
HeadquartersLondon, United Kingdom[1]
Area served
Worldwide
Key people
Carmine Di Sibio (Chairman & CEO Elect)[2]
ServicesAssurance
Tax Advisory
Consulting
Financial Advisory
Legal
RevenueIncrease US$34.8 billion (2018)[3]
OwnerErnst & Young LLP.
Number of employees
270,000 (2018)[4]
DivisionsAssurance, Advisory, Transaction Advisory Services, Tax, Legal
Websitehttps://www.ey.com/en_gl

History

Early history

EY is the result of a series of mergers of ancestor organizations. The oldest originating partnership was founded in 1849 in England as Harding & Pullein.[14] In that year the firm was joined by Frederick Whinney. He was made a partner in 1859 and with his sons in the business, it was renamed Whinney Smith & Whinney in 1894.[14]

In 1903, the firm of Ernst & Ernst was established in Cleveland, US by Alwin C. Ernst and his brother Theodore and in 1906, Arthur Young & Co. was set up by the Scotsman Arthur Young in Chicago.[14]

As early as 1924, these American firms allied with prominent British firms, Young with Broads Paterson & Co. and Ernst with Whinney Smith & Whinney.[14] In 1979, this led to the formation of Anglo-American Ernst & Whinney, creating the fourth largest accountancy firm in the world.[14]

Mergers

In 1989, the number four firm Ernst & Whinney merged with the then number five, Arthur Young, on a global basis to create Ernst & Young.[15]

In October 1997, EY announced plans to merge its global practices with KPMG to create the largest professional services organization in the world, coming on the heels of another merger plan announced in September 1997 by Price Waterhouse and Coopers & Lybrand. These plans were abandoned in February 1998 due to client opposition, antitrust issues, cost problems and difficulty of merging the two diverse firms and cultures.[16]

EY had built up its consulting arm heavily during the 1980s and 1990s. The U.S. Securities and Exchange Commission and members of the investment community began to raise concerns about potential conflicts of interest between the consulting and auditing work amongst the Big Five and in May 2000, EY was the first of the firms to formally and fully separate its consulting practices via a sale to the French IT services company Capgemini for $11 billion, largely in stock, creating the new company of Capgemini Ernst & Young, which was later renamed Capgemini.[17]

21st century: Expansion and Future

Rondo 1 Warsaw 2016
EY offices in Warsaw, Poland.

In 2002, EY took over many of the ex-Arthur Andersen practices around the world, although not those in the United Kingdom, China, or the Netherlands.[18]

In 2006, EY became the only member of the Big Four to have two member firms in the United States, with the inclusion of Mitchell & Titus, LLP, the largest minority-owned accounting firm in the United States.[19][20]

In April 2009, Reuters reported that EY launched an initiative encouraging its staff in China to take 40 days of low-pay leave between July 2009 and June 2010 due to the economic turndown. Those who participated got 20% of regular salary plus benefits of a full-time employee. The initiative applied to employees in Hong Kong, Macau and mainland China, where the firm's employees are 8,500 in total.[21]

In 2010, EY acquired Terco, the Brazilian member firm of Grant Thornton.[22]

In 2013, EY agreed to pay federal prosecutors $123 million to settle criminal tax avoidance charges stemming from $2 billion in unpaid taxes from about 200 wealthy individuals advised by four Ernst & Young senior partners between 1999 and 2004.[23]

In 2013, EY changed its brand name from Ernst & Young to EY and tagline to "Building a better working world".[24]

In 2013, the Pope of the Roman Catholic church hired EY to help review Vatican City State's finances and help “verify and consult” the institution's administration, including the museums, post office and tax-free department store.[25] EY expanded further and acquired all of KPMG Denmark's operations including its 150 partners, 1500 employees and 21 offices.[26]

In 2015, EY opened its first ever global Security Operations Centre at Thiruvananthapuram, Kerala in India and will invest $20 million over 5 years to combat increasing threat of cybercrimes.[27]

In 2016 EY audited 947 public companies which are registered with the US SEC, more than any other auditing firm.[28]

In 2017 EY announced it was opening an executive support center in Tucson, Arizona, creating over 125 new jobs.[29] In 2017 the company began looking for a location for a new, $4.35 million professional services center in Louisville, Kentucky, creating 125 new jobs, due to open in mid-2018.[30] In 2017 the company opened the first Digital Security Operations Center worldwide, and located it in Muscat, Oman to cover the MENA region as part of a $10 million investment.[31]

In 2018 EY announced it was opening an IT 'Tech' Hub in Nashville, Tennessee, creating 600 new jobs for the region.[32]

In December 2018, Mark Weinberger, announced that he would step down from his role as EY Global Chairman and CEO in July 2019.[33]

Global structure

The firm is geographically organised as follows:[34]

Each area has an identical business structure and a management team, which is led by an Area Managing Partner who is part of the Global Executive board. In 2018, the company has undergone transformation of some of its regions, primarily CIS region (with offices operating in former Soviet Union) and the region of CEE (vastly Eastern Europe) have merged to form CESA block.[35]

Operations in India

In India, since ICAI regulations do not permit foreign firms to carry out company audits, Ernst and Young carries them out through SR Batliboi & Co, an accountancy firm headquartered in Mumbai.[36] They carry out audits for large companies such as Vedanta Limited and V-Guard under partnerships called S.R.Batliboi & Co LLP and S.R.Batliboi & Co Associates.[37][38]

Services

Over the course of its operations, EY has transformed its business model and diversified pool of its offered services. Conventionally known as a Big 4 accounting firm over the course of 2010-2019, EY has substantially altered its business approach towards more comprehensive scope of services. This is mainly attributed to an intensified competition in the existing market of professional services and competition in new markets: investment banking and strategic consultancy. According to latest data published, the company has the following four main service lines:[39]

  • Assurance: comprises Financial Audit (core assurance), Financial Accounting Advisory Services and Forensic & Integrity Services.
  • Tax includes Transfer Pricing, International Tax Services, Business Tax Compliance, People Advisory, Global Trade, Indirect Tax, Tax Accounting & Risk Advisory Services, Tax Technology and Transformation, Transaction Tax.
  • Advisory: consisting of four subservice lines: Actuarial, IT Risk and Assurance, Risk, and Performance Improvement.
  • Transaction Advisory Services (TAS): deals with companies' capital transformation – including Business Valuation and Economics, Due Diligence, Real Estate Advisory Services, Project Finance and Infrastructure, M&A, Restructuring (financial and operational).
EY revenues by service line – US$ millions
FY17 FY16
Assurance 11,632 11,301
Tax 8,179 7,751
Advisory 8,526 7,846
Transaction Advisory Services 3,067 2,728
Total 31,404 29,626

Awards and recognition

  • The firm was also placed among the top 50 places in the "Where Women Want to Work" awards for 2007.[40]
  • The firm was ranked No. 1 in BusinessWeek's annual list of "Best Places To Launch a Career" for 2008.[41]
  • The firm was ranked No. 44 in the Fortune list of "100 Best Companies to Work For", and the highest among the "Big Four", for 2009.[42]
  • The firm was No. 34 in ComputerWorld's "100 Best Places To Work For In IT" for 2009.[43]
  • EY was ranked 4th in Universum's America's "Ideal Employers" list 2011[44] and 3rd in its Global Top Employers list.[45]
  • EY was ranked No. 1 in Forbes magazine's "The Best Accounting Firms to Work For" in 2012, which claimed that EY treats its employees better than other large firms do. It was ranked 57 overall.[46]
  • The firm was named as one of the "10 Best Companies for Working Mothers" by Working Mothers magazine in 2012 for the 7th straight year.[47]
  • In early 2012, it was reported that EY had 10,000 staff in mainland China and Hong Kong, which has quadrupled in a decade. It has about 11,200 staff in the UK.[48]
  • In 2012, the firm was ranked number 1 in the "Stonewall Top 100 Workplace Equality Index", a list of Britain's top 100 gay-friendly employers. In 2013, the firm was ranked number 6 in the same Workplace Equality Index.[49]
  • In 2013, EY earned 100% rating on the "Human Rights Campaign Corporate Equality Index".[50]
  • In 2013, EY was named one of DiversityInc magazine's Top 50 companies for diversity.[51]
  • In 2013, EY was ranked 4th in "Universum Top 100 IDEAL™ Employer", a survey that reveals perception of future employers among business students in the U.S. by an employer branding firm.[52]
  • In 2014, EY was ranked 2nd in Universum World's Most Attractive Employers, a survey that reveals perception of future employers among business students by an employer branding firm.[53]
  • In 2015 Forbes ranked the company #230 of America's Best Employers, and #216 of Canada's Best Employers.[54]
  • In 2016, EY was ranked 3rd in Universum World's Most Attractive Employers, and ranked 1st in area of professional services employers, in a survey that reveals perception of future employers among business students by an employer branding firm.[55]
  • Forbes list EY as one of the Best Management Consulting Firms for 2017.[56]
  • According to RAEX (Russian ratings agency), EY was recognized as the best place to work for in 2016.[57]

The rebranded EY logo was unveiled in July 2013 to coincide with the firm changing its trading name from Ernst & Young to EY.[58]

Ernst&young logo

Ernst & Young logo 1990 - 2012

EY Logo Beam Tag Stacked RGB EN

The EY logo from 2013–Present

Public disputes

Audit practices

Ernst & Young has been in accounting scandals - Bank of Credit and Commerce International (1991), Informix Corporation (1996), Sybase (1997), Cendant (1998), One.Tel (2001), AOL (2002), HealthSouth Corporation (2003), Chiquita Brands International (2004), Lehman Brothers (2010), Sino-Forest Corporation (2011) and Olympus Corporation (2011).

In 2004, Ernst & Young was punished for forming a lucrative business arrangement with one of its audit clients, PeopleSoft, thus creating a conflict of interest. As a result, the firm was barred by the SEC from accepting any new publicly traded companies as audit clients for six months.[59]

In April 2004, Equitable Life, a UK life assurance company, sued EY after nearly collapsing but abandoned the case in September 2005. EY described the case as "a scandalous waste of time, money and resources for all concerned."[60]

In 2009, EY, the former auditors of Sons of Gwalia, agreed to a $125m settlement over their role in the gold miner's collapse in 2004. Ferrier Hodgson, the company's administrator, had claimed EY was negligent over the accounting of gold and dollar hedging contracts. However, EY said that the proposed settlement was not an admission of any liability.[61]

Following allegations by the Securities and Exchange Commission that EY had committed accounting fraud in its work auditing the books of Bally Total Fitness, EY reached two settlements in 2008, including a fine of $8.5 million.[62]

EY Hong Kong resigned from the audit of Standard Water on when it emerged that although EY Hong Kong had signed off the audit, it had been effectively outsourced to the affiliate in mainland China, which had received 99.98% of the fee.[63] This was important because shareholders have less confidence in mainland auditors and because audit papers on the mainland are subject to state secrecy laws and can be withheld from outside regulators.[63] EY's quality and risk management leader (Greater China) even testified in the Court of First Instance that he was not sure whether there was a formal agreement covering the relationship between the two EY entities.[63] The court case in 2013 came as US regulators were taking an interest in similar cases of accounting fraud in mainland China.[63]

In October 2016, EY settled with the SEC because they were unable to detect financial statement fraud that was committed by the Weatherford tax department.[64] Weatherford misstated their financial statements by manipulating the income tax line item in their financials. EY was Weatherford's independent auditors when the fraud was perpetrated.[65]

In October 2016, Mozilla stopped accepting WebTrust audits from Ernst & Young Hong Kong[66] due to their failure "to detect multiple issues they should have detected" during their audits of WoSign.[67]

In February 2017, in response to questions regarding misissued certificates, Symantec stated they would no longer accept WebTrust audits from E&Y Korea and E&Y Brazil due to deficiencies in these audits.[68]

Investment banking

In 2009, in the Anglo Irish Bank hidden loans controversy, EY was criticised by politicians[69] and the shareholders of Anglo Irish Bank for failing to detect large loans to Sean FitzPatrick, its chairman, during its audits. The Irish Government had to subsequently take full ownership of the Bank at a cost of €28 billion.[70][71] The Irish Chartered Accountants Regulatory Board appointed John Purcell to investigate.[72] EY said it "fundamentally disagrees with the decision to initiate a formal disciplinary process" and that "there has been no adverse finding made against EY in respect of the audit of Anglo Irish Bank."[73]

In 2009, EY agreed to pay US$200m out of court to settle a negligence claim by the liquidators of Akai Holdings.[74] Separately the firm was alleged of falsifying and doctoring documents it presented to defend against the negligence claim by Akai's liquidators.[75] In a separate lawsuit, a former EY senior partner from 1984 to 1991, Cristopher Ho, and his listed company, Grande Holdings, paid over US$100m to Akai creditors to settle Akai's liquidators' claim that Ho conspired with Ting of stripping assets from Akai.[76][77] Police raided the Hong Kong office and arrested an EY partner who had been an audit manager on the Akai account from December 1997, although audit documents had been doctored dating back to 1994.[75] Akai was said to be the firm's largest client for most of the 1990s from Hong Kong.[78] The EY partner for the Akai account between 1991 and 1999, David Sun Tak-kei, faced no charges and went on to become co-managing partner for EY China.[75] A few months later EY settled a similar claim of up to HK$300m from the liquidators of Moulin Global Eyecare, an audit client of the Hong Kong affiliate between 2002 and 2004.[74] The liquidators described the Moulin accounts as a "morass of dodginess".[74]

The Valukas Report issued in 2010[79] charged that Lehman Brothers engaged in a practice known as repo 105 and that EY, Lehman's auditor, was aware of it. EY was alleged of professional malpractice regarding the lack of disclosure of Lehman's repo 105 practice in Lehman's public filings.[80] New York prosecutors announced in 2010[81] that they have sued the firm. David Goldfarb, a Lehman CFO who concocted the repo 105 balance sheet window dressing technique was a former senior partner of EY.[80] EY said that its last audit of Lehman Brothers was for the fiscal year ending 30 November 2007 and that Lehman's financial statements were fairly presented in accordance with Generally Accepted Accounting Principles.[82][83][84] In March 2015, EY settled Lehman-related lawsuits with municipalities in New Jersey and California.[85]

In 2014 tax arrangements negotiated by EY for The Walt Disney Company, Koch Industries, Skype, and other multinational corporations became public in the so-called Luxembourg Leaks. The disclosure of these and other tax arrangements led to controversial discussions about tax avoidance.[86][87][88]

EY's member firm in Japan, Ernst & Young ShinNihon, was fined ¥2.1 billion (US$17.4 million) for failing to spot irregularities during audit of its client Toshiba, which was Japan's worst accounting scandal in years. The firm was also suspended from taking up new business for three months. An official from Japan's Financial Services Agency (FSA) described that "[t]here was a grave breach of duty". The firm's CEO and chairman, Koichi Hanabusa stepped down the following month to take responsibility and monthly salaries for 19 employees were cut from 20 per cent to 50 per cent.[89][90] In an unusual move, the FSA publicly named seven accountants involved in the audit who were said of failing to exercise due caution and signing off on false financial documents.[90] The FSA also said the "firm’s operations were deeply improper".[90] ShinNihon, at the time, was Japan's biggest accounting firm, with about 3,500 certified accountants and more than 4,000 clients.[89] Ernst & Young ShinNihon audited about 960 listed companies in Japan, the most among the Big Four, as reported in 2015.[91] Ernst & Young ShinNihon had audited Toshiba for over 60 years and the firm had around 70 staff serving Toshiba before the accounting scandal broke.[91]

Ernst & Young Baltic, member of the EY network, used the emission assumptions of highly polluting EURO II trucks (manufactured before 2001) to falsely increase the socio-economic benefits of the new railway for the period 2026-2055 by 3 billion euros in the Rail Baltica Cost-Benefit Analysis. Total mistakes amount to more than 4 billion euros that constitute 20% of the total socio-economic benefits of the Rail Baltica.[92] Correction of the mistakes makes the project unfeasible. EY has refused to provide any comments to the media regarding the public accusations.[93]

Corporate affairs and culture

EY's publicity activity includes its World Entrepreneur of the Year Award program, held in over 60 countries.[94]

EY UK also publicizes itself by sponsoring exhibitions of works by famous artists, such as Cézanne, Picasso, Bonnard, Monet, Rodin and Renoir. The most recent of these was Maharaja: the Splendour of India's Royal Courts at the Victoria and Albert Museum.[95]

In addition, EY publicizes itself by sponsoring the educational children's show Cyberchase on PBS Kids under the PBS Kids GO! television brand, in an effort to improve mathematics literacy in children.[96]

EY in the UK sponsors the ITEM club.[97]

EY in the UK has set up the National Equality Standard (NES), an initiative developed for business which sets clear equality, diversity and inclusion (EDI) criteria against which companies are assessed. The National Equality Standard (NES) is currently the only industry recognised national standard for EDI in the UK.[98]

EY in the UK has set up EY Foundation, a new UK charity set up to support young people and entrepreneurs.[99]

Sports sponsorship

On 8 September 2011, Rio 2016 made the announcement that EY would be an official sponsor of the 2016 Summer Olympics to be held in Brazil, as the exclusive provider of professional services – consulting and auditing – for Rio 2016 organizing committee.[100]

EY has also been an Official Partner to The 2012 and the 2014 Ryder Cups.[101]

EY also has a longstanding relationship with the 2011 Tour de France winner Cadel Evans.[102]

EY also partners with the British and Irish Lions.[103]

See also

References

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  95. ^ "Maharaja: The Splendour of India's Royal Courts". Victoria and Albert Museum, London, UK. 20 July 2009. Retrieved 9 July 2011.
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  98. ^ "Hope that National Equality Standard (NES) will turn tide for D&I". The HR Director magazine. Archived from the original on 20 October 2013.
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  101. ^ "EY announces partnership with The 2012 European Ryder Cup Team and The 2014 Ryder Cup". ey.com. Archived from the original on 3 January 2013. Retrieved 27 August 2012.
  102. ^ "Ernst & Young renews relationship with Cadel Evans". Archived from the original on 9 November 2013. Retrieved 17 October 2014.
  103. ^ EY. "EY – 2017 British & Irish Lions Tour to New Zealand". lionstour.ey.com. Retrieved 22 June 2017.

External links

Big Four accounting firms

The Big Four (Deloitte, Ernst & Young (EY), KPMG and PricewaterhouseCoopers (PwC)) are the four biggest professional services networks in the world, offering audit, assurance services, taxation, management consulting, advisory, actuarial, corporate finance and legal services. They handle the vast majority of audits for public companies as well as many private companies.

Until the late 20th century, the market was dominated by eight networks but this gradually reduced due to mergers and the 2002 collapse of one firm, leaving four networks dominating the market in the early 21st century.

In the UK in 2011, it was reported that the Big Four audit 99% of the companies in the FTSE 100, and 96% of the companies in the FTSE 250 Index, an index of the leading mid-cap listing companies. Such industry concentration has caused concern and calls for the Competition and Markets Authority (CMA) to consider breaking up the Big Four. In October 2018, the CMA announced it had launched a detailed study of the Big Four's dominance of the audit sector.

Carl Maria von Weber

Carl Maria Friedrich Ernst von Weber (18 or 19 November 1786 – 5 June 1826) was a German composer, conductor, pianist, guitarist and critic, and was one of the first significant composers of the Romantic school.

Weber's operas Der Freischütz, Euryanthe and Oberon greatly influenced the development of the Romantische Oper (Romantic opera) in Germany. Der Freischütz came to be regarded as the first German "nationalist" opera, Euryanthe developed the Leitmotif technique to an unprecedented degree, while Oberon may have influenced Mendelssohn's music for A Midsummer Night's Dream and, at the same time, revealed Weber's lifelong interest in the music of non-Western cultures. This interest was first manifested in Weber's incidental music for Schiller's translation of Gozzi's Turandot, for which he used a Chinese melody, making him the first Western composer to use an Asian tune that was not of the pseudo-Turkish kind popularized by Mozart and others.

A brilliant pianist himself, Weber composed four sonatas, two concertos and the Konzertstück in F minor (concert piece), which influenced composers such as Chopin, Liszt and Mendelssohn. The Konzertstück provided a new model for the one-movement concerto in several contrasting sections (such as Liszt's, who often played the work), and was acknowledged by Stravinsky as the model for his Capriccio for Piano and Orchestra. Weber's shorter piano pieces, such as the Invitation to the Dance, were later orchestrated by Berlioz, while his Polacca Brillante was later set for piano and orchestra by Liszt.

Weber's compositions for clarinet, bassoon, and horn occupy an important place in the musical repertoire. His compositions for the clarinet, which include two concertos, a concertino, a quintet, a duo concertante, and variations on a theme from his opera Silvana, are regularly performed today. His Concertino for Horn and Orchestra requires the performer to simultaneously produce two notes by humming while playing—a technique known as "multiphonics". His bassoon concerto and the Andante e Rondo ungarese (a reworking of a piece originally for viola and orchestra) are also popular with bassoonists.

Weber's contribution to vocal and choral music is also significant. His body of Catholic religious music was highly popular in 19th-century Germany, and he composed one of the earliest song cycles, Die Temperamente beim Verluste der Geliebten ([Four] Temperaments on the Loss of a Lover). Weber was also notable as one of the first conductors to conduct without a piano or violin.

Weber's orchestration has also been highly praised and emulated by later generations of composers – Berlioz referred to him several times in his Treatise on Instrumentation while Debussy remarked that the sound of the Weber orchestra was obtained through the scrutiny of the soul of each instrument.

His operas influenced the work of later opera composers, especially in Germany, such as Marschner, Meyerbeer and Wagner, as well as several nationalist 19th-century composers such as Glinka. Homage has been paid to Weber by 20th-century composers such as Debussy, Stravinsky, Mahler (who completed Weber's unfinished comic opera Die drei Pintos and made revisions of Euryanthe and Oberon) and Hindemith (composer of the popular Symphonic Metamorphosis of Themes by Carl Maria von Weber).

Weber also wrote music journalism and was interested in folksong, and learned lithography to engrave his own works.

E. T. A. Hoffmann

Ernst Theodor Amadeus Hoffmann (commonly abbreviated as E. T. A. Hoffmann; born Ernst Theodor Wilhelm Hoffmann; 24 January 1776 – 25 June 1822) was a German Romantic author of fantasy and Gothic horror, a jurist, composer, music critic and artist. His stories form the basis of Jacques Offenbach's famous opera The Tales of Hoffmann, in which Hoffmann appears (heavily fictionalized) as the hero. He is also the author of the novella The Nutcracker and the Mouse King, on which Pyotr Ilyich Tchaikovsky's ballet The Nutcracker is based. The ballet Coppélia is based on two other stories that Hoffmann wrote, while Schumann's Kreisleriana is based on Hoffmann's character Johannes Kreisler.

Hoffmann's stories highly influenced 19th-century literature, and he is one of the major authors of the Romantic movement.

Ernst-Happel-Stadion

The Ernst Happel Stadion (Ernst-Happel-Stadion ) (Praterstadion until 1992, sometimes also called Wiener Stadion) in Leopoldstadt, the 2nd district of Austria's capital Vienna, is the largest stadium in Austria. It was built between 1929 and 1931 for the second Workers' Olympiad to the design of German architect Otto Ernst Schweizer. The stadium was renamed in honour of Ernst Happel following his death in 1992. The stadium hosted seven games in UEFA Euro 2008, including the final which saw Spain triumph over Germany.

The stadium is owned by the City of Vienna (Municipal Department 51 - Sports of the City of Vienna). It is managed by the Wiener Stadthalle Betriebs und Veranstaltungsgesellschaft m.b.H., a subsidiary of Wien Holding.

Ernst Haeckel

Ernst Heinrich Philipp August Haeckel (German: [ˈʔɛɐ̯nst ˈhɛkl̩]; 16 February 1834 – 9 August 1919) was a German zoologist, naturalist, philosopher, physician, professor, marine biologist, and artist who discovered, described and named thousands of new species, mapped a genealogical tree relating all life forms, and coined many terms in biology, including ecology, phylum, phylogeny, and Protista. Haeckel promoted and popularised Charles Darwin's work in Germany and developed the influential but no longer widely held recapitulation theory ("ontogeny recapitulates phylogeny") claiming that an individual organism's biological development, or ontogeny, parallels and summarises its species' evolutionary development, or phylogeny.

The published artwork of Haeckel includes over 100 detailed, multi-colour illustrations of animals and sea creatures, collected in his Kunstformen der Natur ("Art Forms of Nature"). As a philosopher, Ernst Haeckel wrote Die Welträthsel (1895–1899; in English: The Riddle of the Universe, 1901), the genesis for the term "world riddle" (Welträtsel); and Freedom in Science and Teaching to support teaching evolution.

Ernst Jakob Henne

Ernst Jakob Henne ((1904-02-22)22 February 1904 – 23 May 2005(2005-05-23) (aged 101) ) was a German motorcycle racer and racecar driver.Henne was born in the village of Weiler, near Wangen im Allgäu. His father was a saddlemaker. In 1919 Henne was apprenticed to a become a motor vehicle mechanic. He started racing in 1923 in Mühldorf, finishing third on a Megola in his first race. In 1925 he competed in the Monza Grand Prix, his first major international event, where he placed sixth in the 350cc class.Henne soon became one of the most successful German motorcycle racers. After joining the BMW works team, he became the 1926 German champion in the 500cc class, 1927 German champion in the 750cc class and the 1928 winner of the Targa Florio.Starting on 9 September 1929 at 216.6 km/h (134.6 mph) on a supercharged 750 cc BMW, Henne achieved a total of 76 land speed world records, increasing his speed annually from 1929 to 1937. His last motorcycle land speed record was set on 28 November 1937 with a speed of 279.5 km/h (173.7 mph) on a fully faired 500cc supercharged BMW. This record stood for 14 years.Henne competed in the International Six Days Trial, and was a member of the winning German teams of 1933, 1934, and 1935. He also raced sports cars, winning the two-litre class of the 1936 Eifelrennen in the first appearance of the BMW 328.Having earned his pilot's licence in 1932, Henne was conscripted by the Luftwaffe during World War II, but was declared unfit due to the skull fractures and concussions he had suffered during his racing career. After the war, he developed a contract workshop with Mercedes-Benz. In 1991 he founded the Ernst-Jakob-Henne Foundation to help innocent victims of misfortune.

From 1996 until his death in 2005 at the age of 101, Henne lived in retirement with his wife on the Canary Islands.

Ernst Jünger

Ernst Jünger ([ɛʁnst ˈjʏŋɐ]; 29 March 1895 – 17 February 1998) was a highly-decorated German soldier, author, and entomologist who became publicly known for his World War I memoir Storm of Steel.

The son of a successful businessman and chemist, Jünger rebelled against an affluent upbringing and sought adventure in the Wandervogel, before running away to briefly serve in the French Foreign Legion, an illegal act. Because he escaped prosecution in Germany due to his father's efforts, Jünger was able to enlist in the German Army on the outbreak of war. During an ill-fated offensive in 1918 Jünger's World War I career ended with the last and most serious of his many woundings, and he was awarded the Pour le Mérite, a rare decoration for one of his rank.

In the aftermath of World War II, Jünger was treated with some suspicion as a possible fellow traveller of the Nazis. By the latter stages of the Cold War, his unorthodox writings about the impact of materialism in modern society were widely seen as conservative rather than radical nationalist, and his philosophical works came to be highly regarded in mainstream German circles. Jünger ended life as an honoured establishment figure, although critics continued to charge him with the glorification of war as a transcendental experience.

Ernst Kaltenbrunner

Ernst Kaltenbrunner (4 October 1903 – 16 October 1946) was an Austrian-born senior official of Nazi Germany during World War II. An Obergruppenführer (general) in the Schutzstaffel (SS), between January 1943 and May 1945 he held the offices of Chief of the Reich Main Security Office (Reichssicherheitshauptamt; RSHA). He was the highest-ranking member of the SS to face trial at the first Nuremberg trials. He was found guilty of war crimes, crimes against humanity, and executed by hanging.

Ernst Ludwig Kirchner

Ernst Ludwig Kirchner (6 May 1880 – 15 June 1938) was a German expressionist painter and printmaker and one of the founders of the artists group Die Brücke or "The Bridge", a key group leading to the foundation of Expressionism in 20th-century art. He volunteered for army service in the First World War, but soon suffered a breakdown and was discharged. In 1933, his work was branded as "degenerate" by the Nazis and in 1937, over 600 of his works were sold or destroyed. In 1938, he committed suicide by gunshot.

Ernst Mach

Ernst Waldfried Josef Wenzel Mach (; German: [ˈɛɐ̯nst max]; 18 February 1838 – 19 February 1916) was an Austrian physicist and philosopher, noted for his contributions to physics such as study of shock waves. The ratio of one's speed to that of sound is named the Mach number in his honor. As a philosopher of science, he was a major influence on logical positivism and American pragmatism. Through his criticism of Newton's theories of space and time, he foreshadowed Einstein's theory of relativity.

Ernst Mayr

Not to be confused with Ernst Mayr (computer scientist), Ernst Mayer, Ernst Meyer, Ernest Mayer or Ernest May.Ernst Walter Mayr (; 5 July 1904 – 3 February 2005) was one of the 20th century's leading evolutionary biologists. He was also a renowned taxonomist, tropical explorer, ornithologist, philosopher of biology, and historian of science. His work contributed to the conceptual revolution that led to the modern evolutionary synthesis of Mendelian genetics, systematics, and Darwinian evolution, and to the development of the biological species concept.

Although Charles Darwin and others posited that multiple species could evolve from a single common ancestor, the mechanism by which this occurred was not understood, creating the species problem. Ernst Mayr approached the problem with a new definition for species. In his book Systematics and the Origin of Species (1942) he wrote that a species is not just a group of morphologically similar individuals, but a group that can breed only among themselves, excluding all others. When populations within a species become isolated by geography, feeding strategy, mate choice, or other means, they may start to differ from other populations through genetic drift and natural selection, and over time may evolve into new species. The most significant and rapid genetic reorganization occurs in extremely small populations that have been isolated (as on islands).

His theory of peripatric speciation (a more precise form of allopatric speciation which he advanced), based on his work on birds, is still considered a leading mode of speciation, and was the theoretical underpinning for the theory of punctuated equilibrium, proposed by Niles Eldredge and Stephen Jay Gould. Mayr is sometimes credited with inventing modern philosophy of biology, particularly the part related to evolutionary biology, which he distinguished from physics due to its introduction of (natural) history into science.

Ernst Röhm

Ernst Julius Günther Röhm (German: [ˈɛɐ̯nst ˈʁøːm]; 28 November 1887 – 1 July 1934) was a German military officer and an early member of the Nazi Party. As one of the members of its predecessor, the German Workers' Party, he was a close friend and early ally of Adolf Hitler and a co-founder of the Sturmabteilung (SA, "Storm Battalion"), the Nazi Party's militia, and later was its commander. By 1934, the German Army feared the SA's influence and Hitler had come to see Röhm as a potential rival, so he was executed during the Night of the Long Knives.

Ernst Zündel

Ernst Christof Friedrich Zündel (German: [ˈtsʏndl̩]; April 24, 1939 – August 5, 2017) was a German publisher and pamphleteer known for promoting Holocaust denial. He was jailed several times: in Canada for publishing literature "likely to incite hatred against an identifiable group", and on charges of being a threat to national security; in the United States, for overstaying his visa; and in Germany for charges of "inciting racial hatred". He lived in Canada from 1958 to 2000.

In 1977, Zündel founded a small press publishing house called Samisdat Publishers, which issued such neo-Nazi pamphlets as his co-authored The Hitler We Loved and Why and Richard Verrall's Did Six Million Really Die? The Truth At Last, which were both significant documents to the Holocaust denial movement. Verrall's pamphlet should not be confused with Barbara Kulaszka's book Did Six Million Really Die? Report on the Evidence in the Canadian "False News" Trial of Ernst Zündel, 1988.

On February 5, 2003, Ernst Zündel was detained by local police in the U.S. and deported to Canada, where he was detained for two years on a security certificate for being a foreign national considered a threat to national security pending a court decision on the validity of the certificate. Once the certificate was upheld, he was deported to Germany and tried in the state court of Mannheim on outstanding charges of incitement of Holocaust denial dating from the early 1990s. On February 15, 2007, he was convicted and sentenced to the maximum term of five years in prison. All these imprisonments and prosecutions were for inciting hatred against an identifiable group. He was released on March 1, 2010.

John Steinbeck

John Ernst Steinbeck Jr. (; February 27, 1902 – December 20, 1968) was an American author. He won the 1962 Nobel Prize in Literature "for his realistic and imaginative writings, combining as they do sympathetic humour and keen social perception." He has been called "a giant of American letters," and many of his works are considered classics of Western literature.During his writing career, he authored 27 books, including 16 novels, six non-fiction books, and two collections of short stories. He is widely known for the comic novels Tortilla Flat (1935) and Cannery Row (1945), the multi-generation epic East of Eden (1952), and the novellas Of Mice and Men (1937) and The Red Pony (1937). The Pulitzer Prize-winning The Grapes of Wrath (1939) is considered Steinbeck's masterpiece and part of the American literary canon. In the first 75 years after it was published, it sold 14 million copies.Most of Steinbeck's work is set in central California, particularly in the Salinas Valley and the California Coast Ranges region. His works frequently explored the themes of fate and injustice, especially as applied to downtrodden or everyman protagonists.

Joni Ernst

Joni Kay Ernst (née Culver, July 1, 1970) is an American politician currently serving as the junior United States Senator for Iowa since 2015. A Republican, she served in the Iowa Senate from 2011 to 2014. She served in the Iowa Army National Guard from 1993 to 2015, retiring as a lieutenant colonel. Ernst is the first woman to represent Iowa in the United States Congress and is the first female combat veteran elected to the United States Senate from any state.She was elected vice chair of the United States Senate Republican Conference in November 2018.

List of Knight's Cross of the Iron Cross recipients (Bn–Bz)

The Knight's Cross of the Iron Cross (German: Ritterkreuz des Eisernen Kreuzes) and its variants were the highest awards in the military of the Third Reich during World War II. The Knight's Cross of the Iron Cross was awarded for a wide range of reasons and across all ranks, from successful military leadership to extreme battlefield bravery. A total of 7,321 awards were made between its first presentation on 30 September 1939 and its last bestowal on 17 June 1945. This number is based on the analysis and acceptance of the order commission of the Association of Knight's Cross Recipients (AKCR). Presentations were made to members of the three military branches of the Wehrmacht—the Heer (Army), Kriegsmarine (Navy) and Luftwaffe (Air Force)—as well as the Waffen-SS, the Reichsarbeitsdienst (RAD—Reich Labour Service) and the Volkssturm (German national militia). There were also 43 recipients in the military forces of allies of the Third Reich.These recipients are listed in the 1986 edition of Walther-Peer Fellgiebel's book, Die Träger des Ritterkreuzes des Eisernen Kreuzes 1939–1945 — Die Inhaber der höchsten Auszeichnung des Zweiten Weltkrieges aller Wehrmachtteile — The Bearers of the Knight's Cross of the Iron Cross 1939–1945 — The Owners of the Highest Award of the Second World War of all Wehrmacht Branches. Fellgiebel was the former chairman and head of the order commission of the AKCR. In 1996 a second edition of this book was published with an addendum delisting 11 of these original recipients. Author and historian Veit Scherzer has cast doubt on a further 193 of these listings. The majority of the disputed recipients had received the award in 1945, when the deteriorating situation of the Third Reich during the final days of World War II left a number of nominations incomplete and pending in various stages of the approval process. For many years Fellgiebel's book was considered the main reference work on this topic, and it has now been succeeded by Scherzer's work.

Listed here are the 357 Knight's Cross recipients of the Wehrmacht and Waffen-SS whose last name is in the range "Bn–Bz". Fellgiebel himself delisted one and Scherzer has challenged the validity of eight more of these listings. This is the second of two lists of all 725 Knight's Cross of the Iron Cross recipients whose last name starts with "B". The recipients whose last name is in the range "Ba–Bm" is listed at List of Knight's Cross of the Iron Cross recipients (Ba–Bm). The recipients are initially ordered alphabetically by last name. The rank listed is the recipient's rank at the time the Knight's Cross was awarded.

Max Ernst

Max Ernst (2 April 1891 – 1 April 1976) was a German (naturalised American in 1948 and French in 1958) painter, sculptor, graphic artist, and poet. A prolific artist, Ernst was a primary pioneer of the Dada movement and Surrealism. He had no formal artistic training, but his experimental attitude toward the making of art resulted in his invention of frottage—a technique that uses pencil rubbings of objects as a source of images— and 'grattage', an analogous technique in which paint is scraped across canvas to reveal the imprints of the objects placed beneath. He is also noted for his novels consisting of collages.

Otto Kuntze

Carl Ernst Otto Kuntze (23 June 1843 – 27 January 1907) was a German botanist.

Wim Wenders

Ernst Wilhelm "Wim" Wenders (German: [vɪm vɛndɐs]; born 14 August 1945) is a German filmmaker, playwright, author, and photographer. He is a major figure in New German Cinema. Among many honors, he has received three nominations for the Academy Award for Best Documentary Feature: for Buena Vista Social Club (1999), about Cuban music culture; Pina (2011), about the contemporary dance choreographer Pina Bausch; and The Salt of the Earth (2014), about Brazilian photographer Sebastião Salgado.

One of Wenders' earliest honors was a win for the BAFTA Award for Best Direction for his narrative drama Paris, Texas (1984), which also won the Palme d'Or at the 1984 Cannes Film Festival. Many of his subsequent films have also been recognized at Cannes, including Wings of Desire (1987), for which Wenders won the Best Director Award at the 1987 Cannes Film Festival.

Wenders has been the president of the European Film Academy in Berlin since 1996. Alongside filmmaking, he is an active photographer, emphasizing images of desolate landscapes. He is considered to be an auteur director.

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