(Bloomberg) -- Deloitte LLP named Cathy Engelbert to be the first woman leading a Big Four consulting-and-accounting firm in the U.S. as clients confront tighter financial regulations and cyber risks.

Engelbert, 50, was promoted from head of Deloitte’s auditing unit and will replace interim Chief Executive Officer Frank Friedman on March 11, the company said in a statement Monday. She will oversee about 65,000 employees at a business with almost $15 billion in annual revenue.

Register or login for access to this item and much more

All Information Management content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access