Deloitte elects new Chairman of the Board, Deloitte Touche Tohmatsu LimitedStephen Almond takes the helm as Chairman of the Board for Deloitte Touche Tohmatsu Limited |
New York, June 2, 2011 – Deloitte Touche Tohmatsu Limited (DTTL) today announced that Stephen Almond is the new Chairman of the Board, DTTL. Effective immediately, Almond will succeed John P. Connolly, who has served as Chairman of the Board, DTTL, since June 2007 and whose term ended on May 31, 2011. As the new Chairman, Almond oversees the highest governing body of DTTL.
DTTL Global Chief Executive Officer Barry Salzberg said of Almond’s appointment, "I am excited about Steve’s election. His relentless focus on quality and client service and extensive global client experience will be significant assets in helping us advance the Deloitte organization’s leadership in the marketplace. Through a career spanning more than thirty years with the Deloitte network, Steve has proven himself a world-class leader in financial services, and particularly audit, the cornerstone of our business. His business knowledge, combined with deep member firm and practitioner perspectives, will provide him with a tremendous foundation for future success as Chairman of the Board for DTTL.”
Previously, Almond served as Deputy Global Chief Executive Officer, Clients, DTTL, a role in which he championed a consistent, differentiated approach to serving clients across borders and industry sectors. He also spent four years as Global Managing Director, Audit, Deloitte Touche Tohmatsu.
“I am deeply honored by my appointment as Chairman of the Board for DTTL,” said Almond. “In my many years in the professional services industry, I have learned firsthand the importance of effective governance and have served under a board that truly represents the best in our business and the industry. During the recent economic downturn, Deloitte member firms brought the full breadth of the global network’s resources to help clients adapt to the new market realities, while maintaining an unyielding focus on quality. It is a privilege to take on this leadership role at a time of growth and opportunity for the global marketplace, as well as the Deloitte organization worldwide.”
Almond earned his Bachelor’s degree from the University of London. He is a Fellow of the Institute of Chartered Accountants in England and Wales, a member of the Deloitte UK Executive, and also sat on the Deloitte UK Board for nearly 15 years. He was also a member of the DTTL Executive Committee. Almond is married with three children and will be based in London, United Kingdom.
About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms.
Deloitte provides audit, tax, consulting, and financial advisory services to public and private clients spanning multiple industries. With a globally connected network of member firms in more than150 countries, Deloitte brings world-class capabilities and deep local expertise to help clients succeed wherever they operate. Deloitte's approximately 170,000 professionals are committed to becoming the standard of excellence.
About Deloitte CIS
Deloitte is one of the leading professional services firms, providing audit, consulting, financial advisory, risk management, tax and legal services through around 3 000 people in 15 offices across 10 countries of the region. Known as an employer of choice for innovative human resources programs, it is dedicated to helping its clients and its people excel.
Our goal and strategy is to build the premier national professional services firm in the CIS, to provide a full range of services to our international clients, and to develop a dynamic practice to serve national clients. We are one of the largest international professional practices in the CIS, where local and expatriate professionals work closely together as mixed teams, to ensure the right balance of skills and provide premium client service.
The CIS is evolving rapidly and this dictates that we cannot be bound by traditional approaches. We are constantly tailoring our services to fit this unique market and to match the needs of our clients, often being called upon to develop new solutions to current issues. Our success can be measured in the response of the market, making us the fastest-growing professional services firm in the CIS.
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Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms.