Aldo Cardoso Takes the Reins as Andersen CEO

Aldo Cardoso, 46, has been appointed acting CEO of Andersen Worldwide, replacing Joseph Berardino, who resigned the post last week. The appointment is for an indefinite term.

Mr. Cardoso's job initially will be consumed with overseeing the consolidation of the firm's non-U.S. operations with rival firms. He takes over the CEO spot immediately.

"This new role is a natural extension of my responsibilities as chairman of the Andersen Worldwide Board of Partners," said Mr. Cardoso. "I will continue to work with our partners around the world to help them achieve as quickly as possible the best outcome for their people and their clients."

A week ago, Mr. Cardoso told members of the press that he was not a candidate for the CEO post. At that time many observers believed that Andersen's New York leader, Louis Salvatore, would be named CEO.

Mr. Cardoso has devoted his entire professional career to Andersen, starting with the firm in 1979 after his graduation from Ecole Supérieure de Commerce de Paris. Mr. Cardoso also holds a master's degree in law from the University of Paris (Panthéon-Sorbonne).

In 1989 Mr. Cardoso became a partner with Andersen, and in 2000 he became chairman of the Andersen Worldwide Board of Partners. He is also Andersen's Country managing Partner for France, Belgium, the Netherlands, and Luxembourg and a member of Andersen's Western Europe Operating Team.

Mr. Cardoso's expertise is in the areas of financial consulting, diagnostic review, restructuring, initial public offerings, disinvestments, and financial transactions in France, the United Kingdom, the United States, and other countries in Europe.

You may like these other stories...

Here's a CPA who truly walks the walk. On March 15, Frank Ryan, CPA, departed San Diego, California, with plans to be in Ocean City, Maryland, by July 2 to teach a course at the Maryland Association of CPAs’ (MACPA...
When Theodore J. Flynn first joined the Massachusetts Society of CPAs (MSCPA) in 1970, it was a different world and a different profession.  The "Big Eight" were still headquartered in Boston. Vietnam War...
Accountant Rickey Charles Goodrich had it a little too good. Many bean counters would kill to serve as financial guru to the likes of Pearl Jam. Goodrich was hired in 2005, and the following year, he became the CFO of Curtis...

Upcoming CPE Webinars

Jul 16
Hand off work to others with finesse and success. Kristen Rampe, CPA will share how to ensure delegated work is properly handled from start to finish in this content-rich one hour webinar.
Jul 17
This webcast will cover the preparation of the statement of cash flows and focus on accounting and disclosure policies for other important issues described below.
Jul 23
We can’t deny a great divide exists between the expectations and workplace needs of Baby Boomers and Millennials. To create thriving organizational performance, we need to shift the way in which we groom future leaders.
Jul 24
In this presentation Excel expert David Ringstrom, CPA revisits the Excel feature you should be using, but probably aren't. The Table feature offers the ability to both boost the integrity of your spreadsheets, but reduce maintenance as well.