Ernst & Young names Janet Truncale as first female CEO of Big Four firm

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Ernst & Young LLP picked Janet Truncale as its next chief executive officer, placing the first woman atop a Big Four audit firm.She will succeed Carmine Di Sibio on July 1, according to a statement from the London-based accounting giant..

Truncale most recently was the regional managing partner for EYs financial services organization, which includes 14,000 professionals, according to the statement..

The move comes just months after the accounting firm scrapped its planned breakup, which included a plan for the company to spin off its consulting business and much of its tax practice into a stand-alone public company..

Full story at Hindustan Times | 

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