Carmine Di Sibio
Summary
Carmine Di Sibio is the Global Chairman and CEO of EY, one of the largest professional services organizations in the world. EY has achieved US$45 billion in revenues and has more than 360,000 people serving clients in 150 countries worldwide.
Appointed in 2019, Carmine led the development of NextWave: EY’s global strategy affirming its purpose of Building a better working world and ambition to create long-term value for all stakeholders. In 2021, EY announced a further US$10b investment in people and technology as part of NextWave.
Carmine co-chairs the EY Global Diversity and Inclusiveness Steering Committee and he is leading on EY’s commitment to be net-zero in 2025, having become carbon neutral in 2020 and carbon negative in October 2021.
He is a member of the board of Focusing Capital on the Long Term (FCLT). He’s Co-Chair of the New York Jobs CEO Council, and also serves on the boards of the Foundation for Empowering Citizens with Autism and Family Promise. Carmine is a member of the Board of Trustees of Colgate University and a member of the Wake Forest University Business School Board of Visitors.
Carmine earned a BA from Colgate University and an MBA from New York University’s Stern School of Business.
Biography
Carmine Di Sibio was born in the town of Frigento in the Province of Avellino in Campania, Italy. Together with his family, Di Sibio emigrated to the United States from Italy as a three-year-old child and grew up in Glen Cove, New York. A first-generation college student, Di Sibio received a bachelor's degree in Chemistry from Colgate University and an MBA from New York University Stern School of Business. His career foundation is in audit - practicing as a certified public accountant (CPA).
He joined EY in 1985 and rose through the ranks to serve as the Advisory and Assurance Partner for several EY financial services accounts across the US$35 billion revenue global organization in 150 countries, and more than 270,000 employees. Previously, he was the Chair of the EY Global Financial Services Markets Executive and Regional Managing Partner for the Americas Financial Services Organization, where he started EY Risk Management and Regulatory Services. Among his past positions at EY include Americas Banking and Capital Markets Leader (2001 – 2003), Assurance and Advisory Managing Partner – Financial Services (2003 – 2006); Financial Services Managing Partner - Americas, Vice Chair - Americas Executive Board (2006 – 2013), Chair of the Global Financial Services Markets Executive (2011 – 2013).
From July 2013 to June 2019, he served as the Global Managing Partner for Client Service, responsible for driving growth relationship building and innovation as well as the execution of the organization's global strategy, covering four geographical areas - the Americas, EMEIA, Asia-Pacific and Japan), and four primary service divisions – tax, advisory, assurance, and transaction advisory services.
He led the operationalization of a US$1 billion investment in new technology solutions over a two-year time frame. He was instrumental in the creation of the Global Innovation team to redefine how EY uses technology to both transform existing services and create new solutions. Spearheading acquisitions and alliances strategy, he helped expand EY offerings in a variety of new and emerging fields. He served as a co-chair of EY's Global Diversity and Inclusiveness Steering Committee.
Carmine Di Sibio is on the board of Foundation for Empowering Citizens with Autism and Family Promise, as well as being a member of the Board of Trustees of Colgate University.
Di Sibio was elected Global Chairman and CEO-elect for a four-year term on 17 January 2019 and assumed the role of Global Chairman and CEO of EY on 1 July 2019, succeeding Mark Weinberger who served for six years.
Vision
Carmine Di Sibio, the Global Chairman and CEO of EY, has a vision focused on driving growth, innovation, and transformation within the organization. With his extensive experience in the financial services industry and his deep understanding of EY's global operations, Di Sibio aims to position EY as a leader in providing cutting-edge solutions to clients across the world.
Di Sibio is committed to leveraging technology to transform EY's services and create new solutions. Under his leadership, EY has made significant investments in new technology solutions, amounting to US$1 billion over a two-year period. He has spearheaded the operationalization of these investments and the establishment of the Global Innovation team, which aims to redefine how EY utilizes technology to enhance its existing services and develop innovative offerings.
Recognition and Awards
References
- EY risks paralysis and a power vacuum after break-up failure l Financial Times
- Leaders Profile Carmine Di Sibibo l Leaders Magazine
- 'The time is now,' says EY CEO Carmine Di Sibio, as the Big Four corporate accounting firms get serious about ethical governance and endorse official ESG reporting standards l Business Insider India
- 'Build a better working world' l World Economic Forum
- How EY’s Project Everest collapsed l Financial Times
- Jobs Market Is Still Tight Despite Layoffs, EY CEO Says l Bloomberg
- Carmine Di Sibio Net worth l Net Worth
- EY risks paralysis after split failure l Financial Review
- Carmine Di Sibio l EY
- Carmine Di Sibio Global Chairman & Chief Executive Officer at EY l Zoominfo
- Carmine Di Sibio l World Economic Forum
- EY Executives l Craft.co
- Carmine Di Sibio Biography and Details l AB.com
- Carmine Di Sibio, Global Chairman and CEO, EY l Business Roundtable
- ITALIAN-BORN AMERICAN BUSINESS EXECUTIVE, CARMINE DI SIBIO l PeoplePill
- Carmine Di Sibio elected as next EY Global Chairman and CEO; effective July 1, 2019 l EY Press Release
- Carmine Di Sibibo l Wikibio
- Carmine Di Sibibo on Europe Economy l LinkedIn feed
- CARMINE DI SIBIO l TimesNow
- EY US reshuffles leadership following failure of spin-off plan l Financial Review
- Cramer: 11 things I learned from CEOs on my trip last week to the West Coast l CNBC
- EY extends tenure of UK boss as top team overhauled l Financial Times
- EY CEO Carmine Di Sibio on labor market, job cuts and generative A.I. l CNBC
- Good Group (International) Limited - December 2022 l EY Technical Resources
- EY announces 966 new partner promotions worldwide l EY Press Release
- Meet our speakers l MWC Barcelona
- Our Member companies l The Valuable 500
- EY’s Split Faces ‘No Tremendous Hurdles,’ CEO Says l The Wall Street Journal
- Demise of EY’s Project Everest Stems From Self-Inflicted Wound l Bloomberg Tax
- The Future of Accounting: How a New Generation Can Tackle the World’s Biggest Challenges l Bloomberg Tax
- EY chairman admits ‘regret’ over Wirecard failures in letter to clients l Financial Times
- Carmine Di Sibio joins Yahoo! Finance at the 2023 World Economic Forum l EY News
- How to harness the transformative potential of public-private partnerships l World Economic Forum
- The Future of Accounting: How a New Generation Can Tackle the World’s Biggest Challenges l Bloomberg Tax
- Camine Di Sibibo l Wikipedia
- Ernst & Young, now EY, has a 'sexy boys' problem l Los Angeles Times
- Carmine Di Sibio l Financial Times
- Carmine-Di Sibio l ey.com
- Chi è Carmine Di Sibio, l'italiano che guiderà Ernst & Young l Forbes Italia (in Italian)
- Carmine Di Sibio elected as next EY Global Chairman and CEO; effective July 1, 2019 l www.ey.com
- Ernst & Young Taps Carmine Di Sibio as Next Global Chairman and CEO l WSJ
- EY elects Carmine Di Sibio as global chair and CEO l Accounting Today
- Carmine Di Sibio elected as next EY Global Chairman and CEO; effective July 1, 2019 l www.prnewswire.com
- Carmine Di Sibio elected to succeed Mark Weinberger as head of EY l www.consultancy.asia
- Ernst & Young Taps Carmine Di Sibio as Next Global Chairman and CEO l Wall Street Journal