EY US deepens executive bench with two key appointments
The U.S. member firm of Ernst & Young has appointed two long-time insiders to its senior leadership team.
Dante D’Egidio is now the company’s vice chair of assurance. Katrina Kimpel, another long-time EY US executive, has been appointed as vice chair of the professional practice group.
EY is not a company but rather a collection of largely separate consultancies that share the same name and certain corporate resources. That group of consultancies generated $45.4 billion in revenue last year, of which about $19 billion came from EY US.
As EY US’ newly appointed vice chair of assurance, Dante D’Egidio will be in charge of the firm’s audit business, which reviews publicly-listed companies’ books to ensure everything is in order.
D’Egidio will also lead a number of other EY US businesses. Those include the FAAS group, which provides outsourced accounting services to big corporations.
Added up, the business units that D’Egidio now leads employ about half of EY US’ roughly 50,000-strong workforce. That makes D’Egidio one of the firm’s most senior executives and potentially puts him on a trajectory to eventually become managing director, the EY equivalent of CEO.
The other insider that the firm has added to its senior leadership team is Katrina Kimpel. She will be leading the firm’s professional practice group, a relatively small but highly important business unit.
The group’s 300-odd employees are responsible for finding ways to enhance the quality of EY US’ accounting services. They do so by providing training and learning resources to EY staff.
Kimpel and D’Egidio both held senior executive roles at the groups they now lead before their newly announced promotions. They’re also both are certified public accountants.
“As Dante and Katrina lead the practice forward they will build on the efforts currently underway to reinforce a culture based on ethics and integrity, inspire transformation to drive audit quality, and set the stage for continued growth and innovation,” commented EY Americas managing partner Julie Boland.
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