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Ernst & Young has announced that Mark Weinberger has been named its next Global Chairman and CEO. Weinberger will succeed current Global Chairman and CEO Jim Turley, who announced recently that he will retire on 30 June 2013, having led Ernst & Young since 2001.

Weinberger, 50, has had a distinguished career with a track record of leadership both inside and outside of Ernst & Young. He currently sits on the Global Executive, the firm’s highest governing body, and runs the organisation’s Global Tax practice. 

Weinberger has previously served on the Americas Executive and U.S. Operating Committee and run the Americas Tax practice. He has been a senior advisory partner for many of the organisation’s largest clients and also serves on the Global Markets Executive and Global Public Policy Committees.

Weinberger was the Assistant Secretary of the U.S. Treasury (Tax Policy) under President George W. Bush and he was appointed to the U.S. Social Security Advisory Board by President Clinton.

Jim Turley, who has led Ernst & Young since 2001, has championed the organisation’s successful efforts to lead the profession in globalisation and investment in new and emerging markets.

Under Turley’s leadership, the organisation has grown from US$10 billion in annual global revenues to US$23 billion, has doubled its headcount and has established itself as the most globally integrated organisation in our profession in mindset, actions and structure.

Turley has championed a strong people culture, which is underscored by its drive for increased diversity and inclusiveness that has been recognised by many external awards.
 

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