Ernst & Young become EY and appoints new global head

ERNST & Young today said that it has adopted EY as its new global brand name as it announced that Mark Weinberger has become global chairman and CEO.

The professional services organisation has unveiled a new logo and adopted the tagline ‘Building a better working world’.

Mr Weinberger, 51, has had a career with a track record of leadership both inside and outside of EY.

He previously served as the global and Americas head of tax and on the global and Americas executive. He has been a senior advisory partner for many of EY’s largest clients and also served on the Global Markets Executive and Global Public Policy Committees.

He was the Assistant Secretary of the US Treasury (Tax Policy) under President George W. Bush and was appointed to the US Social Security Advisory Board by President Clinton.

He said: “It is a privilege to lead this great organisation in these dynamic times and I’m looking forward to tackling the challenges ahead. EY has a proud history that stretches back more than a century. Over that time we have forged our reputation based on quality, trust and integrity. We are building on our history and our reputation to create our future.”

He added: “Every day, every EY person is part of building a better working world – for our clients, our communities, and our families. We believe that everything we do – every audit, every tax return, every advisory opportunity, every interaction with a client or colleague – contributes to building a better working world.

“We know that building a better working world is an ambitious objective but it is an incredibly important aspiration and will be front and centre of everything we do as an organisation.”

Steve Varley, chairman and UK & Ireland managing partner, EY, said: “We will go beyond our commitment to delivering a high quality service to our clients, to address the most pressing issues in the societies in which we work.  We will use our expertise to team with other companies that share our purpose and commitment to building a better working world, contributing to the growth and success of our business, our clients’ businesses, our people and the communities in which we work.”