Deloitte Elects First Female CEO, Engelbert

Cathy Engelbert has been elected to CEO of New York-based Deloitte LLP (FY13 net revenue of $13.9 billion) becoming the first female CEO of a major audit and consulting firm in the U.S. Engelbert will begin her new role on March 11.

Cathy Engelbert

Cathy Engelbert

“Cathy has a strong track record of advising some of the firm’s leading clients, and working with regulators to advance our industry-leading Audit practice,” says Punit Renjen, chairman of the board of Deloitte.

Engelbert currently serves as chairman and CEO of Deloitte & Touche LLP, the U.S. accounting, auditing and risk advisory subsidiary of Deloitte LLP, leading the audit practice. Since joining Deloitte in 1986, Engelbert has had a distinguished track record serving several of Deloitte’s largest and most complex global clients and is a former member of the Deloitte LLP board of directors.

“I’m deeply honored to lead Deloitte,” says Engelbert. “I look forward to collaborating with all our people to continue to lead our profession in quality and innovation. Together, we make an impact that matters every day for our clients, the capital markets, communities and society.”

“Cathy has been a formidable and influential industry presence during her many years at Deloitte and will undoubtedly continue to drive our firm and profession forward,” says Frank Friedman, who has served as the interim CEO and will become COO. “And in electing the first female CEO in the industry, Deloitte continues to lead in fostering inclusive leadership. Deloitte was also the first professional services firm to elect a minority CEO, woman chairman of the board and minority chairman.”