Di Sibio Elected as Next EY Global Chairman, CEO

Carmine Di Sibio

Big 4 firm EY announces that Carmine Di Sibio has been elected as the next EY global chairman and CEO, succeeding Mark Weinberger, who steps down July 1.

Di Sibio now serves as EY Global MP for client service, a post he has held since 2013. He has overall responsibility for the four geographical EY areas and four service lines. He has played a critical role in EY’s innovation efforts, including managing EY’s $1 billion investment in new technologies. He has been one of the key architects of the organization’s acquisitions and alliances strategy, and co-chairs the EY Global Diversity and Inclusiveness Steering Committee.

Weinberger says, “Carmine is an outstanding and inclusive leader who has a foundation in audit and in serving the largest EY clients. He is a leader who understands the importance of diverse and inclusive teams, and he knows how to engage people to reach their full potential.”

Di Sibio adds, “I am honored to be chosen to lead this great organization, which I have been part of for over 33 years. The role we play in the capital markets and the work each and every one of the 270,000 EY people do every day to create a better working world are things of which I’m very proud.”

As EY Global Chairman and CEO, Weinberger led the transformation of EY as it adapted to a rapidly changing market. Since 2012, the organization has achieved an annual compound revenue growth rate of 8.5%, resulting in a 50% increase in revenues, and it added more than 100,000 EY people, including 20,000 data and analytics practitioners and over 2,000 data scientists, the firm says.