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.

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 31
In this session Excel expert David Ringstrom helps beginners get up to speed in Microsoft Excel. However, even experienced Excel users will learn some new tricks, particularly when David discusses under-utilized aspects of Excel.
Aug 5
This webcast will focus on accounting and disclosure policies for various types of consolidations and business combinations.
Aug 20
In this session we'll review best practices for how to generate interest in your firm’s services.
Aug 21
Meet budgets and client expectations using project management skills geared toward the unique challenges faced by CPAs. Kristen Rampe will share how knowing the keys to structuring and executing a successful project can make the difference between success and repeated failures.