Deloittes elects new global chairman
Deloitte Touche Tohmatsu board of directors has elected Piet Hoogendoorn as chairman of the global accountancy firm, succeeding Edward Kangas and Koji Tajika who served as co-chairmen.
Hoogendoorn, who has been managing partner of Deloitte & Touche Netherlands for the last 10 years, previously served as global vice-chairman. He will take up his new role in the second half of 2001.
On accepting the appointment, Hoogendoorn said: ‘My ambition is to raise the profile of our global firm, by increasing trust and inspiration amongst Deloitte offices all over the world and strengthening a supportive business environment for all Deloitte people that will challenge them to excel on behalf of our clients.’
His comments come at a time of unrivalled change within the Big Five firms. Arthur Andersen and Andersen Consulting formally separated yesterday after two years arbitration. PricewaterhouseCoopers and Ernst & Young this year announced the separation of their lucrative consultancy arms. And this week KPMG has also indicated it will be hiving off its consultancy arm later in the year.
But, DTT’s chief executive officer James Copeland has said the firm will fight the US Securities and Exchange Commission in the courts, if it rules that the global firm must sell off its consultancy arm.
As yet no replacement for Hoogendoorn at Deloittes Netherlands has been announced.
CEO Copeland said: ‘Piet’s experience advances our global leadership and is an excellent selection. I look forward to working closely with him in his new capacity.’