Carl S. Allegretti Named Chairman and Chief Executive Officer of Deloitte Tax LLP

NEW YORK, May 26, 2011 /PRNewswire/ -- Deloitte Tax LLP, one of the largest providers of tax services in the United States, has named Carl S. Allegretti as its new chairman and chief executive officer.  Allegretti succeeds Chet Wood, who led Deloitte Tax since 2003 and will now be managing partner of markets and offerings of Deloitte LLP.  

Allegretti previously served as the chief clients and markets officer for Deloitte Tax and Deloitte Touche Tohmatsu Limited ("DTTL"), as well as serving as a member of the Deloitte Tax Executive Group; Deloitte Tax Board of Directors; and vice chairman of the Deloitte LLP Board of Directors.  He has also worked with a wide range of public and private companies in the U.S. and around the world.

From 2004 to 2009, Allegretti was the Midwest regional managing partner for Deloitte Tax.  Under his leadership, the Midwest region experienced record-breaking growth and gained the top market position in Illinois, Iowa, Minnesota, Nebraska and Wisconsin.

"In each of his leadership roles, Carl has made and maintained strong connections with both clients and people," said Joseph Echevarria, chief executive officer-elect, Deloitte LLP.  "This is a formula for success that has served him well."

Echevarria continued, "We are committed to leading the audit profession, setting the highest standard of professionalism and quality in audited financial statements; and we are committed to leading in the advisory services marketplace, working closely with clients to help them stay out ahead of change and seize new business opportunities. Carl is well positioned to build that leadership for Deloitte Tax."

Allegretti, a distinguished citizen of Chicago, has appeared on Crain's Chicago Business list of "Who's Who In Chicago Business" each of the past six years.  He is a leader in Deloitte community involvement projects and is active with numerous professional and civic organizations, serving as treasurer of Project Torch and as a member of the board of the Chicago Boys & Girls Club.

"I am honored to lead the talented and diverse professionals of this great organization, particularly at such a critical time in the marketplace," said Allegretti. "Deloitte Tax is known for its ability to anticipate the issues our clients will face and bring the right team to address their needs."

Allegretti added, "Our goal is to be the clear market leader, differentiated by the value we deliver to our clients, and we're well positioned to meet this goal.  We've built a strong resilient practice by focusing on the success of our clients and our people."

Allegretti noted that Deloitte's commitment to clients is reflected in Accounting Today's 2010 ranking of Deloitte Tax as the leading tax practice among the "Big Four" professional services organizations, and that its commitment to its people is demonstrated by Deloitte's ranking on Fortune's 'Best Companies to Work for' list 12 times.

A former collegiate athlete, Allegretti, an avid sports fan, has completed more than 60 marathons and two ultra-marathons. He is a founder of the Frankfort Youth Athletic Association and is active in many other sporting activities for young people. He recently received the inaugural Mayor Richard M. and Maggie Daley Award as the top fund raiser for the 2010 Bank of America Chicago Marathon.

Allegretti received his bachelor's degree from Butler University in Indiana and serves on the Butler University Board of Visitors.  He lives with his wife, Tammy, and two sons, Joey and Nicky, in Frankfort, Ill.

As used in this document, "Deloitte" means Deloitte LLP and its subsidiaries and "Deloitte Tax" means Deloitte Tax LLP.  Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.

Contact:
Langdon Cook
Public Relations
Deloitte
+1 203-708-4156
[email protected]

SOURCE Deloitte