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Deloitte Global selects Joe Yukuzoglu as next Global CEO; Deloitte Global CEO Punit Renzen announces retirement after record growth

NEW YORK, October 31, 2022 /PRNewswire/ — The Deloitte Touche Tohmatsu Limited (Deloitte Global) Board today announced the selection of Joe Yukuzoglu as Deloitte Global CEO, subject to a vote of ratification by Deloitte member firm partners. Ucuzoglu has been the CEO of Deloitte US since 2019. Deloitte operates in 150 countries with over 415,000 professionals and revenue in our latest fiscal year of $59.3 billion.

Joe Ukuzoglu, Deloitte

Ucuzoglu will replace Puneet Renzen, who has served as Deloitte Global CEO since 2015. Upon retirement, Renzen will become Global CEO Emeritus. As CEO of Deloitte Global, Renzen developed and executed a global strategy that resulted in Deloitte’s revenue growing from $35 billion to more than $59 billion in just seven years. Today, Deloitte is the leading professional services organization in the world, recognized as the strongest and most valuable commercial service brand, a leader in audit quality, and one of the world’s best places to work.

Under Renzen’s leadership, Deloitte launched WorldClass—a global effort to prepare 100 million disadvantaged people for a world of opportunity—based on the belief that when society thrives, business thrives. Renzen also led Deloitte’s World Climate Initiative, which includes near-term (2030) greenhouse gas reduction targets validated as 1.5°C-aligned, science-based goals by the Science-Based Goals Initiative (SBTI) has gone.

“The Deloitte Global Board and I would like to thank Punit for leading Deloitte to extraordinary growth and meaningful social impact and for her decades-long commitment to the organization,” said Sharon Thorne, president of the Deloitte Global Board.

Speaking of his successor, Renzen said, “Joe is an exceptional leader. We’ve worked together for many years, and I believe he’ll be the best to serve as the next Deloitte Global CEO.” He has been a member of the Deloitte Global executive team for the past several years, and I am confident that, under his leadership, Deloitte will continue to deliver outstanding results for our people, customers and the communities in which we live and work.”

Responding to his nomination, Deloitte US CEO and next Deloitte Global CEO Joe Ukuzoglu said, “It is an honor to be chosen to lead this extraordinary organization. I look forward to leading you through an unprecedented pace of change. I deeply believe in Deloitte’s responsibility. The world is experiencing, and in meeting the rapidly growing needs of our stakeholders. I would like to thank Puneet for his outstanding leadership at Deloitte.”

“It has truly been an honor and a privilege to lead Deloitte over the past several years,” Renzen said. “More important than any business outcome, I am proud of the incredible social impact we have been able to make as a purpose-driven enterprise. And I look forward to some exciting endeavors, including time for a range of social causes.” Dedicating to what I am deeply passionate about, including sustainability and climate.”

Deloitte Global’s rigorous and comprehensive nomination, selection and member firm partner ratification process occurs every four years and includes all Deloitte member firms. The member firm partner vote to confirm Ucuzoglu will take place throughout the month of November, and he will assume the role of Deloitte Global CEO upon Renzen’s retirement on 31 December 2022.

As Yukuzoglu prepares to assume his new Deloitte global responsibilities, the Deloitte US firm’s well-established succession process takes place every four years and is ongoing.

About Deloitte
Deloitte refers to one or more Deloitte Touche Tohmatsu Limited (“DTTL”), its global network of member firms and their related entities (collectively, the “Deloitte Organization”). DTTL (also referred to as “Deloitte Global”) and each of its member firms and related entities are legally separate and independent entities, which may or may not bind or bind each other with respect to third parties. DTTL and each DTTL member firm and concerned entity is solely responsible for its own actions and omissions and not that of each other. DTTL does not provide services to the customers. Please visit www.deloitte.com/about to learn more.

Deloitte provides industry-leading audit and assurance, tax and legal, consulting, financial advisory, and risk advisory services to approximately 90% of the Fortune Global 500® and thousands of private companies. Our professionals deliver measurable and lasting results that help reinforce public confidence in capital markets, enable clients to change and thrive, and lead to a stronger economy, a more equitable society and a sustainable world. go. Building on its more than 175-year history, Deloitte spans more than 150 countries and territories. Learn how Deloitte’s nearly 415,000 people worldwide make a significant impact at www.deloitte.com.

Source Deloitte

Source: www.prnewswire.com

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