Jane Scaccetti, CPA, MT, PFS

Jane Scaccetti, CPA, MT, PFS
Shareholder & Chief Executive Officer

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Education
Temple University, cum laude, BA
Villanova University, MT

Jane Scaccetti, CPA, MT, PFS

Tax Warrior Profile

A lifelong Philadelphian, Jane Scaccetti has been a practicing CPA in good standing since 1977.   She has extensive experience in tax and financial services for the family-owned and entrepreneurially driven business. As part of her practice, Jane consults with public and privately-owned companies and provides both corporate and individual business and financial counseling.

In 1987, while a partner in the national accounting firm of Laventhol & Horwath, Jane became the first woman tax partner of any Big Eight firm in Philadelphia. In 1990, Jane was a founding shareholder of Drucker & Scaccetti. As CEO, she leads  ~100 employees across offices in Philadelphia and Scranton, PA. She is responsible for strategic initiatives, business development and professional career development in addition to servicing complex family-owned and closely held businesses. Jane has proven expertise in retail, real estate, distribution and health care and sophisticated wealth planning techniques and board governance.  She is a member of the American Institute of Certified Public Accountants and the Pennsylvania Institute of Certified Public Accountants.

Her civic and community service includes serving as a Trustee of Temple University.  Jane also serves as a Trustee of Salus University, where she chairs the Health Services Committee. Jane served as Chair of the Board of Temple University Health System (TUHS) for 5 years from 2008-2013 and served as a member of the Board of Directors chairing the Finance and Investment Committee until 2018. She was also Chair of the Board at Temple University Hospital where she served until 2018. She serves as a Champion of Change of the Thirty Percent Coalition, a group with a goal of women holding 30% of board seats across public companies.  She is one of only 80 women members in this national initiative. In 2018, Jane was elected to the board of the Philadelphia Center City District Foundation. In 2019, she was asked to serve on the board of the Friends of Rittenhouse Square. Also in 2019, Jane was selected as a most influential corporate director by WomenInc. magazine.

Jane is a member of The Women’s Nonprofit Leadership Initiative (WNLI), a group of more than a dozen Philadelphia area women leaders in the nonprofit sector working on increasing diversity in the nonprofit sector, specifically the ‘Meds and Eds.’ Her past civic roles included Philadelphia 2016 DNC Host Committee; Mayor Rendell's 1992 Transition Team, and the Committee for Judicial and U.S. Attorney Nominations for the Eastern District of PA (1993-95). From 1990-92, Jane was a full-time professor at Temple University, teaching taxation in the master’s program and managerial accounting as part of the undergraduate curriculum.

Jane has extensive governance experience having served on publicly reporting company boards since 1992. Her current experience includes serving on the board of Myers Industries, Inc (NYSE: MYE). She in the incoming Chair of the Audit Committee and is a member of the Governance Committee.  Myers manufactures polymer products for industrial, agricultural, automotive, commercial, and consumer markets. In 2015, Jane joined the board of Penn National Gaming, Inc (NASDAQ: PENN). There she serves as Chair of the Audit Committee. PENN owns and operates regional casinos and racetracks. Jane also serves on the board  of Mathematica Policy Research, which is a policy research organization of over 1,200 employees with offices in Princeton, Cambridge, Chicago, Washington, Ann Arbor, and Oakland. She is the incoming board chair and a member of its Audit Committee. Jane was a member of the board of The Pep Boys (NYSE:PBY) from 2002-2016.  She served as Chair of the Audit Committee and a member of the Nominations and Governance Committee. PBY was a New York Stock Exchange company with over $2B in sales when it was sold to a private firm in 2016.

Her contributions have been recognized over the years. In 2019, Temple University honored Jane as among the top 100 entrepreneurs and visionaries who helped shape the Fox School of Business. Later in 2019, the Cystic Fibrosis Foundation awarded her with its highest honor, the Breath of Life Award. She is the first woman to receive this award. In 2017, Jane was selected as one of 20 Most Admired CEO’s in Philadelphia by the Philadelphia Business Journal. In 2017, Accounting Today recognized Jane nationally as an Elite Managing Partner. Also, in 2017, Jane was selected as one of 20 Most Admired CEO’s in Philadelphia by the Philadelphia Business Journal.  In 2017 and 2016, respectively, Jane was recognized as a Top Woman in Business to Watch, and as a Top CEO by Philly Biz magazine. She is the 2016 recipient of the Take the Lead Award from the Girl Scouts of Eastern PA; 2014 Temple University Hospital Diamond Award, 2013 inaugural recipient of the Philadelphia Business Journal Outstanding Directors Award.  In 2006 Jane was given the PA Best 50 Women in Business Award, and the Pinnacle Award. Jane was honored by the Philadelphia Business Journal as a Women of Distinction Award in 2010.

 

PODCASTS:

Family Business/Wealth Transitions to the Next Gen: Values are Key - October 22, 2019

ARTICLES:

If Student Loans Were Canceled? Great, But You May Still Owe Taxes on That Debt - Philadelphia Inquirer, June 24, 2019

Meet The Faces of Fox-Jane Scaccetti - Fox Business School's Centennial Honorees, April  2019 

Improving Efficiency and Effectiveness with Lean Six Sigma - Boomer Consulting, January 3, 2019

Different for the Sake of Being Better - LinkedIn Pulse, October 19, 2018

A Trump tax break for investors in some of Philly's hottest neighborhoods - Philadelphia Inquirer, September 24, 2018

3 Steps to Improve Your Company's Culture--at No Cost (Subscription Required) - Philadelphia Business Journal, August 2, 2018

Listen for the Whistle - LinkedIn Pulse, April 11, 2018

Tax Bill's Ambiguity Increases Investors' Litigation Risk (Subscription Required) - Law360 Tax Authority, November 17, 2017

Threat of New 401(k) Limits May Upset Investment Industry (Subscription Required) - Law360, October 25, 2017

The 2017 Accounting Today Managing Partner Elite - Accounting Today, October 3, 2017

Philadelphia Toxic Tax - And It's NOT the Wage Tax - Philadelphia Business Journal, July 27, 2017

Details and Nuance Matters, President Trump...Tax Planning Without Details - LinkedIn Pulse, June 1, 2018

Axing Carried Interest Tax Perk May Create New Loopholes (Subscription Required) - Law360, May 2, 2017 

A Seat at the Dinner Table: A Firm Tradition Continues - LinkedIn Pulse, April 6, 2017

Women on Boards and in C Suites - "No Thanks, We Already Have One..." - LinkedIn Pulse, June 30, 2016

Drucker & Scaccetti's 'Tax Warrior" Creed Provides a Hero's Mindset - Accounting Today, April 8, 2016

The Most Revered of Family Traditions...Drucker & Scaccetti Style - LinkedIn Pulse, April 7, 2016

15 Women to Watch - PhillyBiz, February 2016

2014 Taxes Not Filed Yet? Read On... - LinkedIn Pulse, August 25, 2015

Not Your Parent's Firm: Radically Reinventing Performance Reviews - LinkedIn Pulse, August 4, 2015

TELEVISION/VIDEO APPEARANCES:

READ the transcript of Jane's 6-part video on leadership and growth (Video no longer available online)

SEE JANE in the Acres of Diamonds video by Temple Health 

SEE JANE featured in a PICPA video on entrepreneurship 

SEE JANE on Money Matters TV

LISTEN TO JANE on Executive Leaders Radio

SEE JANE discuss the role of Board members

SEE JANE discuss succession planning

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