Friday, April 8, 2011

Deloitte Elects New Global CEO

Deloitte Touche Tohmatsu Limited (DTTL) has announced that Barry Salzberg has been elected to the position of global chief executive officer, DTTL. Salzberg will assume his new role and responsibilities on June 1, 2011, the start of the new fiscal year.
Salzberg succeeds Jim Quigley, who is completing his term, and who will transition into a senior client service role as a senior partner in the Deloitte U.S. firm on June 1, 2011. Salzberg's leadership appointment is part of a rigorous and comprehensive nomination and member firm partner ratification process that occurs every four years and includes all member firms of the DTTL worldwide network.

As the new DTTL CEO, Salzberg's responsibilities will encompass working across a network of 53 member firms operating in 150 countries, with more than 170,000 people worldwide. The Deloitte Middle East network operates through 26 offices located in 15 countries. Deloitte has identified the Middle East as one of its priority markets, where it is scaling up its investments by spending over $1 Billion through a five year investment program.

"I am humbled by the confidence that the network has placed in my leadership during this historic time," said Salzberg. "Over the years, I have worked closely with Jim Quigley and admired his commitment to our strong global culture and shared values, which have brought us to our preeminent position in the marketplace today. I look forward to leading DTTL, helping grow the Deloitte network's businesses, and maintaining the relentless focus on quality and client service that our member firms worldwide consistently uphold."

Omar Fahoum, Deloitte Middle East Chairman and Chief Executive stated: "Deloitte in the Middle East welcomes the appointment of Barry Salzberg as Chief Executive of the global firm. Barry brings with him a wealth of experience that will benefit the firm throughout the spectrum of all markets worldwide."

During his more than 30-year tenure at the Deloitte U.S. firm, Salzberg, 57, has built an impressive record of success through a variety of leadership roles. In 2007, he was elected to his current position as CEO of Deloitte LLP in the United States, where he has balanced building the business with growing talent through successful transactions like acquiring technology consulting firm BearingPoint's government operations, including the firm's Middle East operations, and a relentless investment in talent through initiatives like Deloitte University, a $300 million state-of the-art learning and development facility opening later this year in the United States.

Previously, Salzberg held the roles of U.S. managing partner, as well as managing partner of Deloitte LLP's tax practice, where he increased its market share significantly and received numerous awards and citations. Salzberg joined Deloitte U.S. in 1977 and was admitted to the partnership in 1985.

Salzberg is a member of Deloitte's U.S. Board of Directors, the DTTL Executive Committee, and the DTTL Board of Directors. He earned a Bachelor's degree in accounting from Brooklyn College, a Juris Doctorate from Brooklyn Law School, and a Master of Laws degree in taxation from the New York University School of Law.

About Deloitte

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms.

Deloitte provides audit, tax, consulting, and financial advisory services to public and private clients spanning multiple industries. With a globally connected network of member firms in more than 150 countries, Deloitte brings world-class capabilities and deep local expertise to help clients succeed wherever they operate. Deloitte's approximately 170,000 professionals are committed to becoming the standard of excellence.

Deloitte's professionals are unified by a collaborative culture that fosters integrity, outstanding value to markets and clients, commitment to each other, and strength from cultural diversity. They enjoy an environment of continuous learning, challenging experiences, and enriching career opportunities. Deloitte's professionals are dedicated to strengthening corporate responsibility, building public trust, and making a positive impact in their communities.

About Deloitte & Touche (M.E.)

Deloitte & Touche (M.E.) is a member firm of Deloitte Touche Tohmatsu Limited (DTTL) and is the first Arab professional services firm established in the Middle East region with uninterrupted presence for over 85 years. Deloitte is among the region's leading professional services firms, providing audit, tax, consulting, and financial advisory services through 26 offices in 15 countries with over 2,400 partners, directors and staff. It is a Tier 1 Tax advisor in the GCC region (International Tax Review World Tax 2010 and 2011 Rankings), a Hewitt Best Employer in the Middle East (2009) and was recognized as the 2010 Best Consulting Firm of the Year in the Complinet GCC Compliance Awards.

No comments: