Managing Partner Touche, Niven, Bailey & Smart
A native of Sioux City, Iowa, and a graduate of the University of Wisconsin, George Bailey worked as an accountant for many years in Cleveland and Detroit. In 1947, he established his own firm. Later that year he joined forces with A.R. Smart and Touche Niven, a predecessor of Deloitte & Touche.
Bailey's financial and business acumen made him invaluable to clients. He was active in civic life and deeply involved in charitable work. During World War II, he worked as a consultant to various federal agencies.
Bailey was also committed to education and training. He developed associations with faculty members at several universities, gave lectures, and participated in seminars.
Bailey was appointed president of the AICPA in 1947. A year later he became Dickinson Lecturer at the Harvard School of Business Administration. Bailey was one of the first of Deloitte & Touche's people to receive the Gold Medal Award for Distinguished Service to the Profession, the AICPA's highest honor.