Kathryn A. Forbes, CPA

Education & Training

Training: Graduate
Institution: University of Delaware
Major/Area: Stonier School of Banking
Degree: Certificate in Banking
Year Completed: 1992

Training: Undergraduate
Institution: Arizona State University
Major/Area: Accounting
Degree: Bachelor of Science
Year Completed: 1973

Professional Experience

Vice-President, Electric Applications Incorporated (EAI), 2009 – Present

  • Responsible for financial reporting and treasurer functions, while serving as Company CFO.
  • Provide administration services for Company operations.
  • Serve as a Director of the Company

CFO, Electric Transportation Engineering Corporation (eTec), 1997 – 2008

  • Responsible for financial reporting and treasurer functions for engineering design company specializing in electric vehicle development, design and testing.
  • Managed human resources and  company benefits programs.
  • Provided administrative services supporting facilities, engineering and filed construction activities.

Senior Vice-President, Bank One Services Corporation, 1993 – 1997

  • Responsible for all Deposit Operations Functions in the Bank One Western Region, managing a staff of 1,200 and an operational budget of $500 million.
  • Processed Bank One Western Region transactions – daily throughput of 1.5 million transactions.

Senior Vice-President & Auditor, Bank One Services Corporation, 1990 – 1993

  • Responsible for Corporate audit function for $14 billion regional bank.
  • Provided security, collateral monitoring and real estate appraisal functions for the Bank.

Vice-President & Controller, Arizona Public Service Company, 1987 – 1989

  • Responsible for all accounting functions for a $4 billion Southwestern electric utility company.
  • Provided administrative services including security, facilities management, and transportation for the Company throughout its service territory.

Vice-President & Controller, Arizona Public Service Company, 1973 – 1987

  • Various tax, auditing and accounting positions, including chair of the audit committee for construction of the Palo Verde Nuclear Generating Station.


  • President, American Lung Association
  • Chairman, Audit Committee of the Federation of Red Cross and Red Crescent Societies
  • Member, American Red Cross Board of Governors
  • President, American Institute of CPA’s Foundation
  • Director, Media 5 Corporation
  • Director, American Humanics
  • Director, Arizona State University Center for Non-profit Management and Leadership


  • 2014 — American Red Cross Southwest Region XXX
  • 2004 — Arizona Society of CPA’s Public Service Award
  • 2000 — Arizona State Society of CPA’s Lifetime Member Award
  • 1999 — American Red Cross Cynthia Wedel Leadership Award
  • 1994 — American Red Cross West Region Leadership
  • 1988 — Arizona State University Business School Hall of Fame
  • 1987 — Phoenix Chamber of Commerce ATHENA Award Outstanding Women Business Leader