I don’t care how you try to explain it away, in this day and age of tight budgets and runaway deficits, $90,000 per day is way too much to pay an accounting firm for advice on how to cut $4 billion from Ottawa’s budget, particularly since the proposed cuts Deloitte comes up with are unlikely ever to be acted upon[.] [NP]
Related Posts
Barry Salzberg Elected to Be Deloitte’s New Global CEO
- Caleb Newquist
- April 7, 2011
Barry Salzberg will be the next global CEO of Deloitte, according to a statement released by the firm today. Of course, if you’ve been following our coverage of the controversy around the election process at Deloitte, then you already knew that this was coming. As you know, this election was an all or nothing deal and with Salzberg taking the reigns from Jim Quigley on June 1, Joe Echeverria will be the new U.S. CEO and Punit Renjen will assume the Chairman’s role vacated by Sharon Allen.
The always quote-worthy (at least in the context of a Deloitte press release) Dr. Phil said he was “humbled by the confidence that the network has placed in my leadership during this historic time.” He also had some kind words for predecessor, “Over the years, I have worked closely with Jim Quigley and admired his commitment to our strong global culture and shared values, which have brought us to our preeminent position in the marketplace today.”
So congrats to Mr. Salzberg on the promotion (and surviving the coup d’etat). Feel free to leave your well-wishes or other thoughts on the matter in the comments below.
Share this:
Oh Look, Deloitte Has More Trouble Thanks to a Chinese Audit Client
- Caleb Newquist
- February 19, 2013
Just when you thought Deloitte's China rash had gone into remission, some investors come along […]
Share this:
Deloitte’s Latest PCAOB Inspection Report Is Its Worst Since 2017
- Going Concern News Desk
- December 29, 2022
Uh-oh, this cant’t make Joe U., Lara Abrash, and other Deloitte audit folks happy (bold […]