Marcella “Marcy” LoCastro, CPA.CITP, Class of ’74 is the CEO of MLoCastro Consulting LLC and provides Women’s Leadership Training and Coaching for companies. LoCastro currently serves on the BioClinica, Inc.(NASDAQ:BIOC) Board and Audit Committee, the Immunomedics, Inc. (NASDAQ:IMMU) Board, Audit, and Compensation Committees, an Industry Advisory Board as a Senior Advisor for Alvarez & Marsal, Montclair State University Foundation, Audit Committee Member, and School of Business Board, Executive Women of NJ Board and NJSCPA Magazine Editorial Board.
With over 35 years of experience on Boards and working with CEOS, CFOs, and countless professional organizations, LoCastro has many accomplishments under her belt. One that she is particularly proud of is being the first person in her immediate family to graduate college.
LoCastro took some time out of her busy schedule to look back on her experience at Montclair State and how she feels her time as a student shaped her life and career. “I graduated in 1974, during the Vietnam war. After college, men took teaching jobs to avoid the war. I was supposed to be a teacher.” LoCastro was a Mathematics Major, and minored in Accounting. She recalls Dr. Grecco, one of her accounting professors who told her that the “Big 8” accounting firms were hiring women, and that she should try to get an interview through MSU’s Career Placement group. Through their services, LoCastro says she got interviews with accounting firms on campus and landed her first job at Wiss & Company. She then went on to become the first woman Partner at JH Cohn in 1985, Andersen NJ in 1994 and E&Y NJ in 1996.
LoCastro speaks fondly of her alma mater, saying “it’s a great school – I give Montclair a lot of credit.” She is thankful for professors such as Dr. Grecco and Dr. Irene Douma, who served as a role model. She also notes that she came from a blue collar family and had no accountants in her family. When asked how her coursework in teaching has helped her in her career, LoCastro says, “I’ve used my teaching skills throughout my career – especially when doing trainings, such as women’s leadership training.”