Scott Schweinfurth

About

Scott Schweinfurth ‘76 grew up in Shaker Heights, Ohio, and selected Miami because of the great reputation of its business school and “comfortable” size. He started as a finance major, but after taking some accounting courses, he switched to the accountancy major. While at Miami, he was a member and officer of Beta Alpha Psi, a member of Beta Gamma Sigma, and a member and president of the Student Advisory Council, which allowed him to participate in the Dean’s Business Advisory Council meetings as the student representative.

In his senior year, Scott interviewed with public accounting firms, with the goal of relocating to Chicago. He received multiple job offers and decided to join Arthur Young, where he completed the staff-to-partner track, focused on audits of consumer products companies. The EY merger occurred soon after he was promoted to partner, allowing him to experience the integration process firsthand.

Over the next six years, Scott functioned as the junior partner on his largest publicly held clients, but with the partner rotation schedule at the time, he was not likely to be considered for the lead role on these clients for several more years. In 1994, he left public accounting to become Bally Gaming’s CFO, which required relocating his family to Las Vegas, Nevada. “Within a month after joining Bally Gaming, our board decided to sell the company to a competitor based in Chicago, WMS Industries, an EY client. So my former colleagues were now conducting due diligence on my new company.” He eventually became CFO and Treasurer of WMS Industries and moved back to Chicago, after which the company was sold to Scientific Games, where he served as CFO until retirement in 2016.

Scott currently serves on the Miami Foundation Board and chairs its audit and finance committee; he also co-chairs the audit committee of a gaming industry professional group, IAGA, and provides consulting services to the entity licensed by the Nevada Gaming Commission to operate the casino and sports book at the Westgate Resort and Casino.