Deloitte Global selects new CEO
U.S. Member Firm Chairman Punit Renjen will lead Deloitte Global from 1 June, 2015
New York, NY 16 February 2015– Deloitte Touche Tohmatsu Limited (Deloitte Global) today announced that Punit Renjen, currently Deloitte U.S. member firm Chairman of the Board, has been selected as Deloitte Global’s new chief executive officer. Renjen will assume the new role on 1 June 2015, the start of Deloitte Global’s new fiscal year. The Deloitte network is composed of 47 member firms, operating in 150 countries, and employing more than 210,000 people worldwide.
“We are an organization led by a purpose – to make a positive, meaningful impact that matters to everyone Deloitte touches. I will do my best to serve the network by helping enable our leaders and people to fulfill their passion to make a difference,” said Renjen.
Renjen succeeds Barry Salzberg, who will retire from Deloitte Global at the end of its fiscal year and become a member of the full time faculty of Columbia Business School as a professor of professional practice. Renjen’s 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.
Prior to his role a U.S. Chairman, Renjen served as Chairman and CEO of Deloitte Consulting LLP in the U.S. During his tenure as U.S. Consulting CEO, the consulting practice experienced tremendous growth despite an ongoing recession, helping Deloitte Consulting LLP become one of the largest consulting providers according to leading analysts’ rankings. Renjen is also a recognized leader in mergers & acquisitions (M&A), assisting clients through the entire M&A lifecycle. Renjen grew up in India and holds a bachelor's degree with honors and a master's degree in management with honors from Willamette University.