Byron Schneidman, partner, RSM US LLP, is the recipient of the 3rd annual Michael Cardone Leadership Award. The award, presented by MERA – The Association for Sustainable Manufacturing, recognizes individuals who demonstrate exceptional leadership in the sustainable manufacturing community.
MERA Director Michael Cardone III, who also serves as president of MC3 Capital, and MERA President and COO, John Chalifoux, presented the award earlier this month at the MERA Sustainable Manufacturing Conference, Detroit. At the conference, they highlighted the legacy of the Cardone family and recognized Schneidman for his vision, passion, teamwork and excellence – the key traits associated with the award.
“Byron Schneidman is recognized for his outstanding leadership with the MERA CFO Council,” stated Chalifoux. “Byron played an instrumental role on the team – over the past five years – that released both editions of the MERA core accounting and taxation publication, a first-of-its-kind document for the remanufacturing industry.”
Schneidman and his colleagues at RSM contributed to the tax section of the publication “Accounting and Taxation Principles for Cores in the Remanufacturing Industry.” In May 2019, MERA released the 2nd edition of the document after the Financial Accounting Standards Board (FASB) and International Accounting Standards Board (IASB) issued substantially converged final standards on revenue recognition. As a result of the ASU, the 2nd edition incorporated current revenue recognition guidelines, along with revised examples and models.
“I am honored to receive the Michael Cardone Leadership Award,” stated Schneidman. “Our firm was happy to contribute to the MERA publication that has delivered real value for member companies. Further, I am humbled that my contribution to the industry has been recognized by the members of MERA and the Cardone family.”
“With this award, we recognize and thank Byron Schneidman for his dedication and commitment to the MERA CFO council,” said Michael Cardone III. “Byron is a true friend to all in the remanufacturing industry.”
Schneidman has more than 40 years of experience in providing income tax compliance and consulting services to public, privately owned and family operated businesses, as well as tax and financial consultation services to individuals. He serves many automotive aftermarket clients, leads RSM’s Automotive Aftermarket Practice and is a member of RSM’s national automotive team headquartered in Detroit. Schneidman speaks at numerous industry events on topics such as “The Top 10 Ways to Increase Profitability,” “Doing Business in China,” and “Core Accounting.”