Punit Renjen Named Chairman and CEO of Deloitte Consulting LLP |
NEW YORK, November 9, 2009 — Deloitte Consulting LLP, one of the world’s leading strategy, operations, human capital and technology consultancies, has elected Punit Renjen as its new chairman and chief executive officer in the United States.
Renjen, a principal, succeeds Douglas J. Lattner, who guided Deloitte Consulting in the U.S. since 2003. As chairman and CEO, Lattner focused on growth, talent and diversity, and is credited with leading the successful re-integration of Deloitte’s consulting practices into the broader Deloitte LLP professional services organization.
“Punit has an outstanding foundation to build upon. He brings extraordinary skills to our world-class consultancy, as demonstrated by his leadership and client service accomplishments,” said Barry Salzberg, chief executive officer of Deloitte LLP. “Working alongside the leaders of our audit and risk advisory, tax, and financial advisory services businesses, I’m confident Punit will be instrumental in driving Deloitte to be globally recognized for setting the standard among professional services organizations in client service excellence and creating an environment where top consulting talent chooses to be.”
As chairman and CEO of Deloitte Consulting LLP, Renjen leads the U.S. consulting business within the global consultancy represented by the Deloitte Touche Tohmatsu member firms, which had 2009 combined global consulting revenues of $6.5 billion and have offices in major cities throughout the world. Deloitte’s U.S. consulting business represents more than half of these global consulting revenues.
“I am honored to lead the talented professionals of this great consultancy, particularly at such a challenging time in the marketplace,” said Renjen. “Deloitte Consulting LLP is known for its strategy and execution capabilities; helping companies transform; helping companies optimize their talent and human capital strategies; providing innovative technology advisory and implementation services; and delivering merger and post-merger integration services. We have established a reputation for presenting insightful yet pragmatic advice that delivers meaningful results.”
Renjen added, “We are on a quest to be the clear market leader and believe that we are well positioned to meet this goal. We have a track record of double-digit growth over the past six years, and we significantly expanded and fortified our presence in strategic sectors, including the federal arena, through the acquisition of BearingPoint’s North American Public Services practice earlier this year. Our commitment to our people is best reflected in Deloitte being named ‘The Best Place to Launch Your Career’ by BusinessWeek magazine for two years, being named a ‘Best Firm to Work for’ in 2009 by Consulting magazine and perennially ranked on Fortune’s ‘Best Companies to Work for’ list.”
Renjen has more than 22 years of experience with Deloitte Consulting. For the past two years, he served as the global and U.S. leader of Deloitte Consulting’s Strategy & Operations practice, which has maintained a double-digit share of the global market for strategy advisory work and is consistently ranked among the top firms in the profession.
He is also a recognized leader in mergers & acquisitions, assisting clients through the entire M&A lifecycle. Renjen has been involved in numerous and significant M&A deals over the past 10 years, helping clients expand into new markets, create new profit streams, and generate cost reductions and savings synergies. Under his direction, Deloitte Consulting has been recognized in several leadership rankings by top-tier industry analysts in the areas of mergers, acquisition, divestitures, post-merger integration, strategy, operations consulting and business advisory.
Renjen was named one of Consulting magazine’s “Top 25 Most Influential Consultants” in 2007. He holds a bachelor’s degree with honors and a master’s degree in management with honors.
He currently serves on the Deloitte LLP board of directors, the Deloitte Touche Tohmatsu board of directors, and the Deloitte Consulting Executive Committee. Renjen is a member of the board of trustees of Willamette University. He and his family reside in Portland, Oregon.
About Deloitte
As used in this document, “Deloitte” means Deloitte LLP and its subsidiaries, and Deloitte Services LP, a separate subsidiary of Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.
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