Mike Fucci Named Deloitte's Chairman

Mike Fucci was recently named Chairman of the Board for Deloitte LLP. Fucci has been a member of the Deloitte Board of Directors since 2012, serving on its Governance Committee, and chairing its Risk and Regulatory Committee. "I am humbled by this rare privilege to repre- sent my colleagues as Chairman of the Board," he says. Fucci, who was named one of Consulting magazine's Top 25 Consultants in 2008, will transition from his current role as National Man- aging Director of Deloitte Consulting this month. Consulting caught up with Fucci to discuss his new role as he takes over for Punit Renjen as Chairman.

Consulting: As you begin to transition roles, what are the major differences be- tween your current role and your new role as Chairman of the Board?

Fucci: It's a fairly substantial transition. I've spent most of my 34 years at Deloitte serving clients and building businesses. For example, I helped grow our Human Capital practice from its inception into a business today that generates more than a billion dollars of revenue annually. Get- ting there meant immersing myself deeply within the operations of the business and managing them closely every day. Today, my role as Chairman is to look at the operations of Deloitte's many businesses through a different lens—from the outside in. When you look at something from a governance perspective, you act first and foremost as a steward on behalf of the firm's partners. It's all about providing oversight to confirm that what management is doing and wants to do will serve our clients and our people in the best manner possible. It's a substantial transition for me, for sure, but I'm really looking forward to it.