KPMG LLP CEO John B. Veihmeyer has been named U.S. chairman and CEO of the firm, succeeding Timothy P. Flynn, who will focus on his role as chairman of KPMG International.

Veihmeyer, 54, has been deputy chairman of KPMG LLP (U.S.) since 2005, CEO since 2008 and chairman of the Americas region since 2007. He will begin a five-year term as chairman and CEO in June 10, 2010.

The U.S. firm also elected Henry R. Keizer, 53, to the position of deputy chairman and COO for a five-year term. Keizer has spent over 30 years serving KPMG clients. Previously, he served as global head of audit for KPMG International, as well as vice chair of the U.S. Audit Practice. He currently serves on the AICPA’s board of directors.

“Henry and I will work closely with all of our partners to execute a strategic vision that ensures the firm continues to deliver outstanding service for all of our clients and provides tremendous career opportunities for our people in a culture that embraces diversity,” said Veihmeyer in a statement.

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