Ernst & Young LLP has appointed Richard M. Jeanneret vice chair — Northeast Region managing partner. William “Bill” Casey will succeed Jeanneret as the Americas vice chair of Transaction Advisory Services.
“For the last seven years, Rich has led the transformation of TAS around the C-suite’s Capital Agenda and his efforts have been instrumental in driving our market-leading results,” U.S. Chairman and EY Americas Managing Partner Steve Howe said. “In his new role, Rich’s inclusive leadership and connectivity across our businesses and regions will enable us to harness our power to deliver exceptional client service across channels and sectors.”
“At a time of tremendous growth for TAS, fueled by a record-breaking M&A environment and transformational acquisitions that have enhanced EY’s service offerings, Bill is uniquely positioned to lead our continued success,” Howe continued. “His global experience, client service acumen and breadth of knowledge will be critical as we continue to drive growth for our clients as well as in our own practice.”
“The Northeast is the firm’s largest market and a critical source of growth and opportunity,” Jeanneret said. “As companies in this region look to EY for sophisticated guidance in a rapidly changing economic environment, I look forward to collaborating with our diverse teams of professionals as they work with organizations to address their most pressing business issues, capitalize on opportunities and further contribute to the momentum of the region’s growth and vitality.”
In his new role, Jeanneret will lead more than 8,000 professionals across all EY’s business lines in Assurance, Tax, Advisory and Transaction services in 16 offices. Based in New York, he will continue to serve as a member of the EY Americas Operating Executive and Ernst & Young LLP’s Executive Board.
Jeanneret brings more than 30 years of experience to the position. He earned a Bachelor of Arts in economics from Boston College and is a member of the American Institute of Certified Public Accountants, the National Board of Directors of The Leukemia & Lymphoma Society and the Economic Clubs of New York and Washington. He serves on the board of the Wolf Trap Foundation and has been active with a number of charitable and civic organizations during his career.
Based in New York City, Casey will lead more than 3,600 EY professionals in the U.S., Canada, Mexico, Central and South America, the Caribbean and Israel. He will be responsible for delivering high-quality transaction advisory services.
“Helping organizations with strategies to raise, invest, optimize and preserve capital has always been a cornerstone of TAS,” Casey said. “In an environment of increased volatility and tempered macro growth, I am delighted to have the opportunity to assist companies with their capital strategies to more efficiently allocate resources and drive results. This is especially vital during a time of challenges and opportunities presented by globalization and technological disruption, and it is very much in line with EY’s purpose of building a better world.”
Casey brings more than 30 years of consulting and client service experience to his new role. He most recently served as Americas deputy leader of TAS. Prior to that, he served as TAS chief operating officer for Ernst & Young LLP.
During his tenure in these two operational leadership roles, the U.S. practice roughly doubled in size, both in terms of talent and revenue.
Casey earned a bachelor’s degree in accountancy from the University of Illinois and a master’s degree of business administration from DePaul University. He is a certified public accountant in Florida and Colorado and is fluent in Portuguese and Spanish.