E&Y Names Next Chairman and Global CEO

New York-based Ernst & Young (FY10 revenues of $7.1 billion), has named Mark Weinberger the firm’s next chairman and global chief executive, succeeding James Turley, who has served in the position since 2001.

Weinberger will take the helm in June.

Weinberger currently sits on the Global Executive, the firm’s highest governing body, and runs the organization’s Global Tax practice. He previously served on the Americas Executive and U.S. Operating Committee and ran the Americas Tax practice. Weinberger has been a senior advisory partner for many of the organization’s largest clients and also serves on the Global Markets Executive and Global Public Policy Committees. Mark was the Assistant Secretary of the U.S. Treasury (Tax Policy) under President George W. Bush and he was appointed to the U.S. Social Security Advisory Board by President Clinton.