EY CEO and Chair Announces Plans to Step Down

By:
Chris Gaetano
Published Date:
Dec 4, 2018
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Mark Weinberger, CEO and chair of Big Four firm Ernst & Young since 2013, announced that he plans to step down next July, according to the Wall Street Journal. Like other Big Four CEOs, he had been appointed to a fixed term, but his announcement means he will be exiting with two years left in his term. He said he thought it was an appropriate time to leave and allow the next generation to take the reins, noting that he just led the firm through a major transformation in order to keep up with changes in technology and globalization. Prior to leading the firm, he served as the head of its global tax practice. 

Ernst & Young said it intends to announce a successor sometime in January. 

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