For the second time in a row, Deloitte has elevated its U.S. CEO to run the company worldwide. Barry Salzberg, the CEO of Deloitte LLP in the United States, has been named global CEO of Deloitte Touche Tohmatsu, the accounting firm announced today.
He will replace Jim Quigley, who will step down on June 1, 2011.
Quigley, 59, had been Deloitte's global CEO since 2007 and after serving one four-year term, decided not to seek re-election. He will assume a client-service role as a senior partner in the U.S. office when his term ends. He will be based in New York. Quigley, before being appointed global CEO, had served as CEO of Deloitte U.S.
Salzberg, 57, will also be based in New York and will be responsible for coordinating member firms across the world. He was elected by a voting process undertaken by the partners of the firm around the world, who vote every four years on the firm's global CEO and chairman.
Prior to being named CEO of Deloitte LLP U.S. in 2007, Salzberg served as U.S. managing partner and managing partner of the tax practice. He joined Deloitte in 1997 and became a partner in 1985.
He earned a Bachelor's degree in accounting from Brooklyn College, a JD from Brooklyn Law School, and a Master of Laws degree in taxation from the New York University School of Law.
Joseph Echevarria, the firm's U.S. managing partner and chief operating officer, will succeed Salzberg in his role as CEO of Deloitte LLP in the U.S. Echevarria, 54, graduated from the University of Miami School of Business Administration in 1978.
The firm will announce a replacement for outgoing chairman Sharon Allen in two to three weeks, a spokesperson said. That person is expected to be Punit Renjen, chairman and CEO of Deloitte Consulting in the U.S. Allen will step down in May.
Write to Julie Steinberg