Janet Truncale Wiki, Age, Net Worth, Husband, Family, Education, BIO

Publish date: 2024-05-06

Janet Truncale (born in 1970, Age: 53 years old) is a business executive who serves as the Vice Chair and Regional Managing Partner of the Americas Financial Services Organization (FSO) at EY, one of the largest professional services networks in the world.

She is also the first female CEO of a Big Four accounting firm, having been appointed to the role in November 2023. In this article, we will explore her wiki, age, net worth, husband, family, education, and bio.

Early Life and Birthday

Janet Truncale was born in 1970 in Mountainside, New Jersey, America. She grew up in a middle-class family with her parents and two siblings. She attended Governor Livingston High School, where she excelled in academics and extracurricular activities. She developed an interest in business and finance from a young age and decided to pursue a career in accounting.

Education

She enrolled at The Wharton School of the University of Pennsylvania, where she received her Bachelor of Science in Economics (BSE) degree in 1992. She then joined EY as an intern and later became a full-time employee. She continued her education at Columbia Business School, where she earned her Master of Business Administration (MBA) degree in 1998.

Janet Truncale Wiki/Bio

NameJanet Truncale
AkaJanet Wilson
Age53 years old (as of 2023)
Birth Year1970
Birth PlaceMountainside, New Jersey, America
ResidenceNew York City, United States
Marital StatusMarried
HusbandFred Truncale
ChildrenGabrielle Truncale, Noah Truncale, Freddy Truncale
ProfessionBusiness Executive
Serves AsVice Chair and Regional Managing Partner, Americas FSO; Global Chair and CEO, EY
Net Worth$5.42 Million
CollegeColumbia Business School, The Wharton School
HeightIn feet: 5’ 6″; In centimeters: 167.6 cm; In meters: 1.67 m
EyesBrown
HairBrown
Homepagenewsunzip.com

Career and Achievements

Janet has spent more than 30 years at EY, rising through the ranks and holding various leadership positions. She started as an auditor in the financial services sector, working with clients such as banks, insurance companies, asset managers, and private equity firms. She gained extensive experience and expertise in the industry, as well as a reputation for delivering high-quality service and value.

She became a partner in 2002 and assumed the role of the Americas FSO Assurance Managing Partner in 2016. In this role, she led a team of more than 6,000 professionals across 90 offices, providing assurance services to the largest and most complex financial services organizations in the region. She also oversaw the implementation of new technologies and innovations to enhance the audit quality and efficiency.

In 2020, she was named the Vice Chair and Regional Managing Partner of the Americas FSO, taking charge of the overall strategy, operations, and performance of the division. She is responsible for leading a diverse team of more than 14,000 professionals across four service lines: assurance, advisory, tax, and transaction advisory services. She also plays a key role in driving the growth, transformation, and innovation agenda of the FSO, as well as fostering a culture of inclusiveness, collaboration, and excellence.

In November 2023, she was appointed as the Global Chair and CEO of EY, succeeding Carmine Di Sibio, who retired after four years in the position. She became the first female CEO of a Big Four accounting firm, as well as the first CEO from the financial services sector. She will take over the helm of the global organization on July 1, 2024, and will oversee more than 190,000 employees in over 140 countries. She will also lead the execution of the EY Vision 2025, which aims to create long-term value for all stakeholders and society.

Truncale has received numerous accolades and recognition for her professional achievements and contributions. She has been featured in the Profiles in Diversity Journal Women Worth Watching Award and Crain’s New York Business Notable Women in Accounting and Consulting list (2019 and 2021). She has also been named as one of the Top 100 Most Influential People in Accounting by Accounting Today and one of the Top 50 Women in Business by NJBIZ.

Wikipedia | Instagram | LinkedIn

Instagram: @jtruncale

Twitter: @Janet_Truncale

Facebook: @janet.truncale

LinkedIn: @janettruncale

Wikipedia: Not Live

Spouse & Children

Janet Truncale is married to Fred Truncale, a former EY partner who is now a senior advisor at KPMG. They have three children: Gabrielle, Noah, and Freddy. They live in New York City, where they are active members of their community and support various charitable causes. They are also avid travelers and enjoy exploring different cultures and cuisines.

How Janet Truncale rose from an intern to the CEO of EY in 33 years

Janet , the regional managing partner at EY Americas, has been appointed as the next global chair and CEO of EY, one of the world’s largest professional services networks. She will succeed Carmine Di Sibio, who will retire on June 30, 2022, after a 38-year career at EY. Truncale will be the first woman to lead a Big Four firm, which includes Deloitte, KPMG, and PwC, as well as EY. She will also be the first EY leader to have started her career as an intern at the firm.

Journey in EY

Truncale joined EY as an intern in 1989 while pursuing her bachelor’s degree in accounting at Rutgers University. She was impressed by the culture and values of the firm and decided to stay on as a full-time employee after graduating in 1990. She became a certified public accountant (CPA) in 1991, and worked in the audit practice for several years, serving clients in the financial services industry.

In 1997, she moved to the advisory practice, where she specialized in risk management, regulatory compliance, and business transformation. She helped EY grow its presence and reputation in the financial services market and became a partner in 2001. She also held various leadership roles within the advisory practice, such as America’s financial services advisory leader, the global financial services risk leader, and the global financial services consulting leader.

In 2018, she was appointed as the vice chair and regional managing partner of the EY Americas financial services organization, overseeing more than 14,000 professionals across 90 offices. She is responsible for driving the strategy, operations, talent, and client service of the financial services practice, which serves banking, capital markets, insurance, wealth and asset management, and private equity clients.

Leadership vision

Truncale has been recognized as a visionary and influential leader, both within and outside EY. She has been named as one of the most powerful women in accounting by the American Institute of CPAs (AICPA) and CPA Practice Advisor and as one of the top 100 most influential people in accounting by Accounting Today. She has also been featured in Forbes, Fortune, The Wall Street Journal, and other media outlets for her insights and perspectives on the financial services industry, the future of work, diversity and inclusion, and social responsibility.

As the next global chair and CEO of EY, Truncale will lead a network of more than 300,000 people in over 150 countries, with a combined revenue of $40 billion in 2021. She will be responsible for setting the strategic direction, vision, and purpose of EY, as well as fostering a culture of innovation, collaboration, and trust. She will also continue to champion EY’s commitment to building a better working world, by creating long-term value for clients, people, and society.

Truncale said that she is honored and humbled by the opportunity to lead EY and that she is looking forward to working with the global leadership team, the partners, and the people of EY to achieve the firm’s goals and aspirations. She said that she is passionate about empowering and inspiring the next generation of EY leaders and that she is committed to advancing EY’s diversity and inclusion agenda, especially for women and underrepresented groups. She also said that she is excited about the potential of EY to transform the world through its services, solutions, and impact.

Net Worth

Janet Truncale has an estimated net worth of $5.42 million, according to Forbes. She earns a salary of $1.5 million as the Vice Chair and Regional Managing Partner of the Americas FSO and will receive a raise of $2 million when she becomes the Global Chair and CEO of EY. She also owns shares and options in the firm, as well as other assets and investments.

Janet Truncale is a business executive who serves as the Vice Chair and Regional Managing Partner of the Americas FSO at EY, and the first female CEO of a Big Four accounting firm. She has a BSE from The Wharton School and an MBA from Columbia Business School. She has spent more than 30 years at EY, working in various roles and sectors. She has received many awards and honors for her work and leadership. She is married to Fred Truncale and has three children. She has a net worth of $5.42 million.

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