However, Di Sibio made it clear that he did not intend to step down immediately. EY said Tuesday its global chairman and CEO Carmine Di Sibio plans to retire next year after the collapse of his plan to split the Big Four firm in two . The auditing firm said that Di Sibio told partners that “he will retire as global chair and CEO of Ernst & Young, having reached the mandatory retirement age of 60 this March,” reported AFP. “I am proud of the bold vision we set out in Project Everest,” Di Sibio said in a webcast. Di Sibio took over as global chair and chief executive in 2019, having risen through the ranks of EY’s US business serving financial services clients, including Goldman Sachs.

Source: Mint June 16, 2023 16:58 UTC