Ernst & Young, one of the world’s largest accounting and consulting firms, said on Tuesday it named David Holtze its new global tax leader, overseeing 29,000 tax professionals.
Holtze, who joined Ernst & Young in 1981, was the global chief operating officer for tax, responsible for monitoring the operations of Ernst’s $6 billion global tax practice.
He has also served as chief operating officer of the Americas’ tax practice and as a tax account leader for a number of large clients.
Holtze will also become a member of Ernst’s top management body, the global executive. Both appointments are effective immediately.
He will be based in London.
Ernst is the third-largest of the Big Four accounting firms, with $22.9 billion in revenues in 2011. The other firms are Deloitte, KPMG and PricewaterhouseCoopers , Reuters reported.