- EY announced it named Steve Krouskos and Marie-Laure Delarue on its EY Global Executive (GE), which is company’s most senior management body
EY has announced it made two appointments on the EY Global Executive (GE), which is the company’s most senior management body bringing together EY leadership functions, services, and geographies. The new appointments are going into effect on July 1, 2020. And both predecessors are retiring from their roles.
Steve Krouskos
Steve Krouskos is becoming EY Global Managing Partner – Business Enablement — who will be responsible for EY business functions across the globe. And in this role, Krouskos will oversee EY strategy for all functions, including technology, finance, risk management, legal, shared services, and procurement.
And as an existing GE member in his most recent role as EY Global Vice Chair – Transaction Advisory Services (TAS), Krouskos led the global TAS service line — which has consistently achieved double-digit growth and posted record revenues under his leadership. And he brings deep and relevant experience to the new role with more than 25 years of experience in M&A, advising corporate, and private-equity clients on multi-billion dollar cross-border transactions. Plus Krouskos is also the Chairman of the EY Corporate Responsibility Governance Council.
Krouskos is succeeding Lou Pagnutti — who retires from EY after a 39-year career with the organization. Krouskos’ successor to the Global TAS role will be announced later this financial year.
Marie-Laure Delarue
Marie-Laure Delarue was appointed EY Global Vice Chair – Assurance. And in this new role, Delarue will join the EY Global Executive, increasing the share of women on the organization’s most senior management body to over 37%. And she will be the first woman to lead Assurance, which the largest EY service line by global revenues and people numbers ($12.6 billion global revenues and 94,220 EY people in FY19).
Delarue will further develop the future of Assurance and its focus on audit quality and will continue the strong EY relationship with regulators across the globe. And Delarue succeeds Felice Persico, who is retiring from his role after a 35-year career with EY.
With more than 25 years’ experience in the banking industry, Delarue is the current EY EMEIA Banking & Capital Markets Leader for Financial Services, responsible for connecting and overseeing the performance of leading banking accounts in Europe. And she is a member of the EY EMEIA Financial Services Leadership team and also sits on the EY Global Banking Operating Committee. Plus she has been serving as the EY Global Client Service Partner for a Swiss multinational bank, splitting her time between working in Paris and Zurich. Delarue is also known as a champion of women in business and advocates for the EY Diversity & Inclusiveness agenda.
“At a time when EY clients are turning to us for both traditional and a newer range of services these appointments further underline the EY commitment to providing exceptional client-service. Steve and Marie-Laure both have impressive track records in building high-performing teams and market-leading growth. With their valuable insights and diverse perspectives, we will continue to meet EY clients’ needs in this dynamic marketplace,” said EY Global Chairman and CEO Carmine Di Sibio. “I thank our current leadership for their great work and achievements. Lou and Felice are outstanding leaders with strong visions who have helped EY deliver consecutive years of strong growth through a focus on providing high-quality services, harnessing the latest technology advancements and developing exceptional EY people. We are committed to building on the strong foundations Lou, Felice and their teams have created.”
