Chris Geier, the CEO and managing partner of Sikich LLP, a Top 100 Firm, has been watching what is going on at Deloitte and wondering whether the next CEO will be a CPA like Deloitte’s current chief executive, Cathy Engelbert. The Deloitte board recently informed its partners that Engelbert, who is the first female CEO at Deloitte, hasn’t been re-nominated for a second four-year term, as traditionally occurs for most of the firm’s chief executives (see Deloitte CEO Cathy Engelbert not nominated for a second term ). Nevertheless, Engelbert could still be nominated again by Deloitte’s partners for another term, according to The Wall Street Journal , and now there is reportedly a clash behind the scenes between some of the partners and the board (see A ‘Fight Club’ remake, starring only accountants ). “Our partnership has a longstanding succession process that is conducted every four years,” said a statement forwarded last week by Deloitte spokesperson Jonathan...
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