Today, EY announced that Janet Truncale will take the helm as the next EY Global Chair and CEO, starting on July 1, 2024. She succeeds Carmine Di Sibio, who will step down after a noteworthy tenure.

Janet currently leads as Regional Managing Partner for EY Americas Financial Services Organization (FSO), where she oversees a dynamic team of over 14,000 professionals. Her leadership has been instrumental in fostering a trustworthy and thriving financial services industry, one where customers’ financial aspirations are within reach and the global economy remains robust and secure.

Before her current role, Janet served as the Managing Partner for Americas FSO Assurance, where she focused on enhancing audit quality and managing a team of 3,000 professionals.

“Carmine has set a high bar with his leadership,” Janet shared. “It’s a real privilege to walk in his shoes. The work we do at EY, from creating opportunities for our people to our significant role in the capital markets, is something I deeply value. I am inspired by Carmine’s vision and commitment to staying ahead of technological advancements and upholding EY’s core values.”

During his time as Global Chair and CEO, Carmine Di Sibio spearheaded the NextWave strategy, a pioneering global initiative aimed at creating long-term value for stakeholders including EY’s people, partners, clients, and society. This strategy, with its emphasis on global integration, client-centric approaches, and technological advancement, led to a significant revenue increase and a compounded annual growth rate of 9.5%. Notably, Di Sibio championed major investments in emerging technologies and artificial intelligence, including the launch of the US$1.4 billion EY.ai platform.

Carmine also made substantial strides in sustainability, leading EY’s commitment to becoming carbon negative by 2025, and achieving a 40% reduction in greenhouse gas emissions since 2019. His tenure is also marked by his dedication to diversity, equity, and inclusion, exemplified by the formation of the Global Social Equity Task Force and increasing female representation on the Global Executive board to 33%.

Reflecting on her new role, Janet emphasized the importance of EY’s mission to build a better working world. “Leading EY is a profound responsibility and a remarkable opportunity. I am committed to continuing our legacy of innovation, inclusivity, and sustainability as we navigate the future,” she said.

Janet Truncale’s appointment heralds a new chapter for EY, promising continued growth and an unwavering commitment to excellence and societal impact.