Deloitte Global appoints new Chairman of the Board | Press release has been added to your bookmarks.
Deloitte Global appoints new Chairman of the Board: David Cruickshank, formerly Deloitte UK Chairman
New York, NY, 22 June 2015 – Deloitte Touche Tohmatsu Limited (Deloitte Global) today announced David Cruickshank, previously Chairman of Deloitte UK from 2007 to 2015 and a member of its Board, has been appointed as the new Deloitte Global Chairman of the Board. Effective 1 June, Cruickshank succeeds Steve Almond, who recently retired after serving as Chairman for the past four years.
“I feel very privileged to take on this role at such an exciting time for our profession — the needs of Deloitte’s clients, people, regulators, and other stakeholders are changing rapidly. Deloitte is dealing with these changes in thoughtful and innovative ways which will benefit all Deloitte stakeholders for years to come,” said Cruickshank.
Cruickshank, who has worked at Deloitte UK for more than 36 years, continues to also serve as an advisory partner to several of Deloitte UK’s largest clients. Prior to his role of Chairman of Deloitte UK, he led Deloitte UK’s tax practice, specializing in international tax. He qualified as a member of the Institute of Chartered Accountants of Scotland in 1982 and is a 1979 graduate of the University of Edinburgh in Business and Economics.
“David’s long history of leadership, coupled with his experience advising global clients makes him an ideal person for this role. I look forward to working closely with David to continue to ensure Deloitte Global makes a positive impact for all stakeholders, including Deloitte clients, our people, and society,” said Punit Renjen, Deloitte Global CEO.
In his new Deloitte Global role he will continue to drive a key Deloitte focus on making an impact that matters in the communities in which it operates by succeeding Almond on the board of directors of the Social Progress Imperative, a non-profit organization that measures a country’s wider progress beyond GDP to include social and environmental development. He also recently became a Council Member of the International Integrated Reporting Council (IIRC) and a member of the Chairman’s Group of the World Economic Forum.
Through his Deloitte UK role, Cruickshank is a founding member of the 30% Club, an initiative that encourages UK companies to aim for at least 30% female representation on their boards and is Chair of the Trustees of Education and Employers, a charity that creates great connections between schools and the workplace. Until last month, he was a Council Member of the Heart of the City, a charity that promotes philanthropy among City of London businesses and was a Business Council Member of Teach First, which provides teachers for disadvantaged schools.
This leadership appointment is part of a rigorous and comprehensive nomination and member firm partner ratification process that occurs every four years and includes all member firms of the Deloitte worldwide network.
Deloitte serves 79 percent of the Fortune Global 500 companies, including 92 percent of Technology, Media & Communications companies, 87 percent of Financial Services companies, and 87 percent of Consumer Business companies. In addition, Deloitte serves the most competitive countries as ranked by the World Economic Forum, the most effective governments according to the World Bank, and all the members of the G20.
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. Please see www.deloitte.com/about for a more detailed description of DTTL and its member firms.
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