Deloitte Announces New U.S. Executive Lineup

Right on the heels of announcing that William G. Parrett, Deloitte & Touche's current U.S. president and managing partner has been pegged to take over the position of global CEO of Deloitte Touche Tohmatsu, pending a vote of the firm's partners, the Big Four firm has announced the rest of the lineup, as several executives move to fill in positions vacated by those above them.

Yesterday Deloitte announced its plan to promote James H. Quigley to U.S. Chief Executive Officer. Mr. Quigley, 50, is currently the co-regional managing partner in New York, New Jersey, and Connecticut.

Also, Sharon L. Allen will be promoted to chairman of the U.S. board of directors. Ms. Allen, 51, is the firm's regional managing partner for the Pacific Southwest.

Finally, Barry Salzberg will be promoted to U.S. managing partner, replacing Mr. Parrett. Mr. Salzberg, 49, is currently a U.S. deputy managing partner and head of the U.S. Tax Services practice.

The plan for the shift of heavy-duty personnel began when the current global CEO, James Copeland, announced he would retire this year at the end of May. Mr. Copeland has been outspoken in his opposition to changes in the accounting profession and has stated publicly that he does not favor splitting accounting and consulting services. "My biggest concern is that Congress and the regulators and the marketplace together decide that actions are required that in the long run destroy the auditing profession," Mr. Copeland said in an interview last year.

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