Cathy Engelbert has been elected chief executive officer of Deloitte LLP, becoming the first female CEO of a major audit and consulting firm in the US.
Ms Engelbert, who currently serves as chair and CEO of Deloitte & Touche LLP, the US accounting, auditing and risk advisory subsidiary of Deloitte LLP, will take charge from March 11 this year.
“I look forward to collaborating with all our people to continue to lead our profession in quality and innovation," Ms Engelbert said. "Together, we make an impact that matters every day for our clients, the capital markets, communities, and society.”
Frank Friedman, who has served as interim CEO and will become chief operating officer, said Ms Engelbert has been a formidable and influential industry presence during her many years at Deloitte and “will undoubtedly continue to drive our firm and profession forward”.
“And in electing the first female CEO in the industry, Deloitte continues to lead in fostering inclusive leadership. Deloitte was also the first professional services firm to elect a minority CEO, woman chairman of the Board, and minority chairman,” Mr Friedman said.
Ms Engelbert is a certified public accountant and member of the American Institute of Certified Public Accountants.
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