Carmine Di Sibio (born 23 March 1963) is an Italian-born American business executive. He is the Global

Chairman The chairperson, also chairman, chairwoman or chair, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the grou ...

and

CEO A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially ...

of EY, formerly known as Ernst & Young. Prior to being elected to his current post, Di Sibio was Global Managing Partner for Client Service at EY.

Early life and education

Carmine Di Sibio was born in the town of Frigento in the

Province of Avellino The Province of Avellino ( it, Provincia di Avellino) is a province in the Campania region of Southern Italy. The area is characterized by numerous small towns and villages scattered across the province; only two towns have a population over 20,0 ...

Campania Campania (, also , , , ) is an administrative Regions of Italy, region of Italy; most of it is in the south-western portion of the Italian peninsula (with the Tyrrhenian Sea to its west), but it also includes the small Phlegraean Islands and the i ...

, Italy. Together with his family, Di Sibio emigrated to the

United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territorie ...

from Italy as a three-year-old child and grew up in

Glen Cove, New York Glen Cove is a Political subdivisions of New York State#City, city in Nassau County, New York, United States, on the North Shore (Long Island), North Shore of Long Island. At the 2020 United States Census, the city population was 28,365 as of th ...

. A first-generation college student, Di Sibio received a bachelor's degree in

Chemistry Chemistry is the science, scientific study of the properties and behavior of matter. It is a natural science that covers the Chemical element, elements that make up matter to the chemical compound, compounds made of atoms, molecules and ions ...

from

Colgate University Colgate University is a private liberal arts college in Hamilton, New York. The college was founded in 1819 as the Baptist Education Society of the State of New York and operated under that name until 1823, when it was renamed Hamilton Theologi ...

and an MBA from New York University Stern School of Business. His career foundation is in

audit An audit is an "independent examination of financial information of any entity, whether profit oriented or not, irrespective of its size or legal form when such an examination is conducted with a view to express an opinion thereon.” Auditing ...

, practising as a

certified public accountant Certified Public Accountant (CPA) is the title of qualified accountants in numerous countries in the English-speaking world. It is generally equivalent to the title of chartered accountant in other English-speaking countries. In the United Sta ...

(CPA).

Career

Di Sibio joined EY in 1985 as an auditor. Since joining he has worked in advisory and assurance roles with many of the firm’s largest financial services clients. 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 The Americas, which are sometimes collectively called America, are a landmass comprising the totality of North and South America. The Americas make up most of the land in Earth's Western Hemisphere and comprise the New World. Along with th ...

, EMEIA,

Asia-Pacific Asia-Pacific (APAC) is the part of the world near the western Pacific Ocean. The Asia-Pacific region varies in area depending on context, but it generally includes East Asia, Russian Far East, South Asia, Southeast Asia, Australia and Pacific Isla ...

and

Japan Japan ( ja, 日本, or , and formally , ''Nihonkoku'') is an island country in East Asia. It is situated in the northwest Pacific Ocean, and is bordered on the west by the Sea of Japan, while extending from the Sea of Okhotsk in the north ...

), 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. He served as a co-chair of EY's Global Diversity and Inclusiveness Steering Committee. Transformative leadership is his name, paradigm shifts are his game.

Chairman and CEO

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 Mark A. Weinberger (born 1964/1965) is an American businessman. He is the former global Chairman and CEO of EY (formerly known as Ernst & Young). Weinberger currently sits on several boards of directors, including those of Metlife, Johnson & Jo ...

who served for six years. In accepting his new role as EY's chief executive, Di Sibio remarked, ''“''I am honored to be chosen to lead this great organization, which I have been part of for over 33 years.”

Philanthropy

Di Sibio is on the board of Foundation for Empowering Citizens with

Autism The autism spectrum, often referred to as just autism or in the context of a professional diagnosis autism spectrum disorder (ASD) or autism spectrum condition (ASC), is a neurodevelopmental condition (or conditions) characterized by difficulti ...

and Family Promise, as well as being a member of the

Board of Trustees A board of directors (commonly referred simply as the board) is an executive committee that jointly supervises the activities of an organization, which can be either a for-profit or a nonprofit organization such as a business, nonprofit organiz ...

Personal life

Carmine Di Sibio is married and has four children. He lives in

New Jersey New Jersey is a state in the Mid-Atlantic and Northeastern regions of the United States. It is bordered on the north and east by the state of New York; on the east, southeast, and south by the Atlantic Ocean; on the west by the Delaware ...

in the US. Di Sibio is a sports aficionado.

References

{{DEFAULTSORT:Di Sibio Carmine Living people Colgate University alumni New York University alumni Italian emigrants to the United States People from the Province of Avellino American chief executives of financial services companies Ernst & Young people New York University Stern School of Business alumni 1963 births