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Connolly to step down

After a decade at the helm Deloitte’s top man John Connolly is stepping down. The plan is that he steps down in May 2011 after three terms as UK senior partner and CEO. Deloitte’s 700 partners will be voting on the successor in the next six months. Interestingly, however ’candidates’ aren’t allowed to travel around the offices drumming up support. Under Connolly partners’ profits have jumped 300% to a £883,000 average in 2009. His own salary topped £5 million last year, that’s 35 times more than the Prime Minister for those following the current debate about what public sector employees receive!

PQ Magazine 2nd June 2010