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Ernst & Young announces that its partners across Western and Eastern Europe, the Middle East, India and Africa have overwhelmingly approved the proposed integration of its country practices into a single EMEIA Area. The new Area will be a US$11 billion organization with more than 60, 000 people and 3, 300 partners. It will operate as a single unit, led by Mark Otty as Area Managing Partner, and a single executive team. EMEIA will be effective from 1 July 2008. Chairman and CEO Jim Turley said, “I am of course delighted by the tremendous response from our partners in favor of this significant step change in the globalization of our business. I have also been greatly encouraged by the level of feedback I have received from many of our clients across the globe, our young people and our...
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