Cathy Engelbert

Catherine "Cathy" Engelbert is an American business executive and the first Commissioner of the Women's National Basketball Association (WNBA). Before joining the WNBA, she had been with Deloitte for 33 years, including as its first female CEO from 2015–2019.

Catherine Engelbert
Born1964 (age 5556)
EducationLehigh University (BS)
OccupationCommissioner of the Women's National Basketball Association
Children2

Early life and education

Engelbert was born circa 1964 and grew up in Collingswood, New Jersey, with five brothers and two sisters, and attended Collingswood High School. She was inducted into the Collingswood Athletic Hall of Fame in 1993.[1] Her father was an IT manager, and her mother a medical practice administrator.[2] She graduated from Lehigh University in 1986, with a degree in accounting. At Lehigh, she tried out for the basketball team as a walk-on under Hall of Fame coach Muffet McGraw, and later became a team captain.[3] She also played lacrosse, and became a captain of that team as well.[2] After graduation, she received her CPA certification and became a member of the American Institute of Certified Public Accountants.[4]

Career

Catherine Engelbert joined Deloitte in 1986, and worked with the company until retiring in 2019, shortly joining the WNBA. In an interview, she credited the firm's early focus on supporting women in the workplace as being important for her career.[5]

Prior to being appointed the CEO of Deloitte in March 2015, she was the chairman and CEO of the audit subsidiary, Deloitte & Touche LLP.[6][7]

Other senior positions Engelbert held at Deloitte include: national managing partner - regions for Deloitte & Touche; deputy national professional practice director; and financial accounting and reporting services quality risk manager. She was named a partner in 1998.[8]

On May 15, 2019, she was named the first Commissioner of the WNBA (previous WNBA leaders had been titled "President"). Engelbert officially assumed her new role on July 17, 2019.[9]

On becoming CEO for Deloitte, this rendered Engelbert the first female U.S. CEO of a Big Four firm.[10] News media outlets, including The Wall Street Journal highlighted Engelbert's appointment as cracking the "glass ceiling."[6] While serving as Deloitte's CEO, the company's revenue has increased nearly 6% year over year to $18.6 billion.[11]

Personal life

Engelbert has two children, Julia and Thomas, and lives in Berkeley Heights, New Jersey.[6][12]

References

  1. http://www.nj.com/business/index.ssf/2015/02/jersey_native_becomes_first_female_ceo_of_major_ac.html
  2. Clayton, Chris. "Cathy Engelbert, Features, Extras | Travel destinations, blogs, contests and offers from Delta Sky Magazine + deltaskymag.com". deltaskymag.delta.com. Retrieved 19 September 2016.
  3. https://www2.lehigh.edu/news/the-game-changer
  4. "Cathy Engelbert Makes History This Women's History Month - AICPA Insights". blog.aicpa.org. AICPA. Retrieved 17 October 2016.
  5. Steinmann, Jennifer. "Interview with Cathy Engelbert, Chairman and Chief Executive Officer, Deloitte & Touche LLP". LEADERS. Archived from the original on 16 February 2015. Retrieved 10 February 2015.
  6. Rapoport, Michael; Steinberg, Julie (9 February 2015). "Deloitte Taps Woman, a First, for CEO Post". The Wall Street Journal. Retrieved 10 February 2015.
  7. Fairchild, Caroline (9 February 2015). "Deloitte's first female CEO: 'Don't stand still'". Fortune. Retrieved 10 February 2015.
  8. Staff, DiversityInc. "Diversity Leadership: Catherine Engelbert, Deloitte". DiversityInc. Retrieved 17 October 2016.
  9. Voepel, Mechelle (May 15, 2019). "WNBA tabs CEO Engelbert as 1st commissioner". ESPN.com. Retrieved May 15, 2019.
  10. "Deloitte's Cathy Engelbert on being a female CEO of a Big Four accounting firm". Retrieved 2018-02-15.
  11. "Cathy Engelbert". Fortune. 2017-09-21. Retrieved 2018-02-15.
  12. Staff. "Berkeley Heights Resident Engelbert Elected First Female CEO of a Major U.S. Professional Services Firm by Deloitte LLP " Archived 2015-03-20 at Archive.today, TAPintoSummit, March 3, 2015. Accessed March 19, 2015. "Cathy Engelbert, a resident of Berkeley Heights, was recently elected chief executive officer of Deloitte LLP, becoming the first female CEO of a major audit and consulting firm in the U.S."
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