PracticeAccounting FirmsDiPiazza named as PwC CEO

DiPiazza named as PwC CEO

PricewaterhouseCoopers partners have endorsed the selection of Sam DiPiazza as the firm's new global chief executive officer.

As predicted last week on AccountancyAge.com, DiPiazza, 51, will assume his new responsibilities on 2 January 2002.p>DiPiazza said: ‘I look forward to the challenges of leading our organisation at this particularly crucial moment. We live in a world that is more fragile, more economically and politically turbulent than we have experienced in decades. Our clients’ needs for help in managing risk, measureing and creating value, achieving the twin goals of transparency and security have never been greater.’

He will face a daunting task following this month’s admission of guilt over the Enron collapse by Andersen’s chief executive, Joe Berardino and the Big Five’s united front to modernise the financial reporting structure.

Andrew Ratcliffe, PwC’s global board chair, said: ‘Sam DiPiazza is the right person to lead PricewaterhouseCoopers at this critical juncture.’

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PwC gets new global CEO

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