Deloitte Touche Tohmatsu Board Elects Piet Hoogendoorn as New Chairman NEW YORK, July 31 /PRNewswire-AsiaNet/ -- The Board of Directors of Deloitte Touche Tohmatsu announced today the election of Piet Hoogendoorn as Chairman of the global professional services firm. Mr. Hoogendoorn, Managing Partner of Deloitte & Touche Netherlands, previously held the office of Vice-Chairman. He succeeds Edward Kangas and Koji Tajika who served as co-chairmen. "Piet's election demonstrates just how global a firm we are and exemplifies the depth of talent within the organization. I have worked closely with him for many years and know that his international experience will be invaluable to DTT as it continues its rapid growth around the world," said Chairman Emeritus Edward Kangas. Having accepted his new appointment, Mr. Hoogendoorn will step down as Managing Partner of Deloitte & Touche Netherlands in the first half of 2001. His replacement has not yet been announced. "My ambition is to raise the profile of our global firm, by increasing trust and inspiration amongst Deloitte offices all over the world and strengthening a supportive business environment for all Deloitte people that will challenge them to excel on behalf of our clients," said Mr. Hoogendoorn. "Piet's experience further advances our global leadership and is an excellent selection. I look forward to working closely with him in his new capacity," said DTT CEO James E. Copeland, Jr. The 54-year-old Mr. Hoogendoorn has been a certified public accountant for 28 years and has served as a senior partner for the last 17 years. He was named Managing Partner of Deloitte & Touche Netherlands in 1990, and became Vice-Chairman of the DTT Global Board in 1999. Deloitte Touche Tohmatsu is one of the world's leading professional services firms, delivering world-class assurance and advisory, tax, and consulting services. Nearly 90,000 people in over 130 countries serve almost one-fifth of the world's largest companies as well as large national enterprises, public institutions, and successful fast-growing companies. Our internationally experienced professionals deliver seamless, consistent services wherever our clients operate. Our mission is to help our clients and our people excel. SOURCE Deloitte Touche Tohmatsu CONTACT: Mr. Rick Hansen of Deloitte Touche Tohmatsu, 212-492-3746, or [email protected]; or Mr. Bill Mendel, 212-704-8143, or [email protected], or Ms. Suria Clarke, 212-704-8252, or [email protected], both of Edelman PR Worldwide -END-