Engelbert Named Chairman and CEO of Deloitte’s Audit Practice

Catherine Engelbert

Catherine Engelbert

New York-based Deloitte (FY13 net revenue of $13.9 billion) announced that Catherine Engelbert has been named chairman and CEO of Deloitte & Touche LLP, a subsidiary of Deloitte LLP, to lead its audit practice. Engelbert succeeds Gregory Weaver, who will retire in the fall after a 41-year career with Deloitte.

“This recognition speaks volumes about Cathy’s exemplary skills, industry knowledge and extensive experience. Her commitment to deliver audits of the highest quality and exceptional leadership abilities instill trust and confidence among her colleagues and clients alike,” says Joseph Echevarria, CEO of Deloitte LLP. “As the leader of our audit practice, Cathy will guide our efforts to innovate audit service delivery as we lead the profession to further strengthen the quality of financial reporting for the investing public.”

With almost 28 years of experience at Deloitte, including 16 years as a partner, Engelbert has held partner roles serving several of the world’s leading life sciences and pharmaceutical companies and advises multinational companies on financial instrument accounting matters. She is currently a member of the Deloitte LLP board of directors.

“I am honored and excited to build upon Deloitte’s leading position in audit quality,” says Engelbert. “We will continue to invest in innovation to transform the audit process, with the goals of providing the highest quality audits and responding to the changing needs of the capital markets.”