Philip Clements

Phil Clements is the managing director of the Center for Christian Business Ethics Today, LLC. Phil has been a leader in the business community for over 30 years. In 2003, Jack Templeton, a fellow board member of the National Bible Association, challenged Phil with a question of the role of faith in commerce. Phil’s research affirmed the foundational importance of the principles of our Christian faith and the quality of business commerce. That research confirmed the changes he has experienced during his business career as the world moves away from these Christian principles. Phil founded the Center to meet this concern that is articulated in Judges 2:10-11.

From September 2001 to October 2004 Phil held the position of Executive Vice President of Standard & Poor’s Corporate Value Consulting (“CVC”) division. He led the transition of CVC to S&P, after S&P acquired CVC from PricewaterhouseCoopers LLP (PwC). Prior to joining Standard & Poor’s, Phil was the Global Leader of the CVC practice of PwC. During FY’99 and FY’00, Global CVC grew to a fully integrated global service unit. Prior to becoming Global Leader for CVC at the formation of PwC, Phil ran the Coopers & Lybrand’s Corporate Finance Practice for the U.S. This practice included CVC, investment banking, transaction structuring, due diligence and bankruptcy turnaround services.

From 1989 to 2000, Phil served on the U.S. boards of Coopers & Lybrand and PricewaterhouseCoopers and the global board of PwC. Phil was a member of the Finance Committees of both firms. The board experience included the board approvals of the merger of C&L and PW to form PwC and the oversight of the transition to PwC operations globally. Finance committee work included the capital structure of the firms and financial reporting. Although both firms were private, they had substantial numbers of partners for whom financial results were very relevant.

Community service plays an important role in Phil’s life. At Grace Bible Chapel, a non-denominational evangelical church, Phil has been the High School Sunday School teacher for the past 13 years, an Elder and a part of the touring praise and worship team, PowerSurge. Phil was Chairman of the Board of Trustees of the National Bible Association. Seattle University School of Law Board of Visitors, International Leadership Board of Advisors, and HOPE Bible Mission board are others boards that Phil has served or is serving on.