EY has announced that Janet Truncale has been elected as the next EY Global Chair and CEO, effective July 1, 2024. Truncale, currently serving as Regional Managing Partner, EY Americas Financial Services Organization (FSO), will succeed Carmine Di Sibio, the current EY Global Chair and CEO. Truncale leads a team of over 14,000 professionals throughout the Americas and works closely with EY clients to build a trusted and flourishing financial services industry.
As the Regional Managing Partner, Americas FSO, Truncale has played a key role in enhancing audit quality and leading the strategy, operations, and management of a team of 3,000 professionals. With a career spanning 30 years in the global financial services industry, she has provided assurance and consulting services to leading Fortune 500 companies. Truncale has been actively involved in promoting diversity, equity, and inclusion (DE&I) within EY and serves as the executive sponsor of the EY US Veterans Network.
Truncale's election as EY Global Chair and CEO reflects her strong leadership skills and deep experience in serving clients across various EY businesses. Carmine Di Sibio expressed confidence in Truncale's ability to inspire EY people and partners, emphasizing her exceptional leadership qualities and commitment to EY's values.
Truncale, who joined EY as an intern, holds a BSE from the Wharton School of the University of Pennsylvania and an MBA from Columbia University. She is a certified public accountant in New York and a member of the American Institute of Certified Public Accountants. Truncale and her husband reside in New Jersey and have three children.
Carmine Di Sibio, who has served as EY Global Chair and CEO since 2019, led transformative changes during his tenure. He emphasized global integration, client centricity, and the development of EY people, contributing to a compounded annual growth rate of 9.5% and additional revenue of $13 billion. Di Sibio drove investments in emerging technology, artificial intelligence, and sustainability, leading EY to commit to being carbon negative by 2025.
Truncale expressed her honor in leading EY and acknowledged the impactful work the organization does in creating opportunities for its people and clients. She commended Carmine Di Sibio's example and emphasized her commitment to EY's values.
The transition in leadership reflects EY's focus on fostering a dynamic and skilled workforce to navigate the challenges and opportunities in the professional services landscape.