Deloitte re-elects Renjen as global CEO
Punit Renjen has secured a second four-year term as global CEO of Deloitte Touche Tohmatsu’s international network of firms, starting Monday.
Renjen is in his 32nd year with Deloitte. He previously served as chairman of the network's U.S. member firm, Deloitte LLP, from 2011 to 2015.
“Leading Deloitte has been a privilege, and I am honored to be chosen by my colleagues to continue our work for four more years,” Renjen said in a statement. “As Deloitte nears its 175th year, I’m both proud of the significant impact our professionals have made, and optimistic about Deloitte’s ability to enhance trust in markets, create solutions for clients, develop highly capable leaders, and help solve the toughest societal challenges.”
During his first term, Deloitte saw double-digit revenue growth, becoming the largest of the global Big Four firms, with aggregate revenue of $43.2 billion in fiscal year 2018.
Outside Deloitte, Renjen is a member of several not-for-profit boards including serving as chairman of the United Way Worldwide and vice chairman of the U.S.-India Strategic Partnership Forum.
Also starting a four-year term on Monday is Sharon Thorne, who will serve as chair of the Deloitte Global Board of Directors on Monday. She is the first woman to serve as chair of the Deloitte Global network. She previously served as deputy CEO and managing partner global & strategy of Deloitte North West Europe, and as a member of the Deloitte Global Board of Directors. Prior to that, she was a Deloitte U.K. audit partner for 20 years, and has over 30 years of experience auditing and advising clients.