New York (Sept. 26, 2002) -- After nine years at the helm of one of the nation's largest accounting firms, Deloitte & Touche chief executive James E. Copeland Jr., is calling it quits.Copeland, who also serves as global chief executive of Deloitte Touche Tohmatsu, announced Tuesday at the U.S. firm's annual meeting that he will retire from both posts at the end of his term in May 2003.

"After a break to spend time with my family, I hope to participate in the Deloitte Leadership Center, explore serving on corporate boards, and continue in some way to work toward improvement of the financial and accounting systems," Copeland said in a statement released by the firm.

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