Tuesday, November 12, 2019
Why Deloitte CEO Cathy Engelbert was named WNBA commissioner
Why Deloitte CEO Cathy Engelbert was named WNBA commissioner Why Deloitte CEO Cathy Engelbert was named WNBA commissioner Cathy Engelbert made history when she was named one of the Big Fourâs first female CEO. Sheâs made more history with the WNBA.The Deloitte CEO was hired as the commissioner of the WNBA on Wednesday, making her the first person to hold the new position, which was previously only had a title as president.Engelbert, whose headed Deloitte since 2005, replaces Lisa Borders, who stepped down as WNBA President in October. Engelbert takes over during one of the most pivotal times in the leagueâs 23-year history as itâs currently in labor negotiations and in the midst of a rebrand to reinvigorate interest.Follow Ladders on Flipboard!Follow Laddersâ magazines on Flipboard covering Happiness, Productivity, Job Satisfaction, Neuroscience, and more!âI wanted to do something different, something with a broad womenâs leadership platform, and something I had a passion for,â Engelbert said in a QA with the WNBAâs website. âThis was a really good match where I thought I could bring my business leadership skills for over three decades to the WNBA and really drive a platform for these women, the owners, coaches. Iâm really excited and it was just a really good match. Hopefully, weâll be something where my business leadership skills and my womenâs leadership platform that Iâve been able to build for the past couple of decades will be very much of use.âEngelbert said she wants to bring the same passion sheâs had in her past endeavors to the new position, which starts on July 17 when her term as Deloitteâs CEO comes to an end.She captained both the college basketball and womenâs lacrosse teams at Lehigh.âCathy is a world-class business leader with a deep connection to womenâs basketball, which makes her the ideal person to lead the WNBA into its next phase of growth,â said NBA commissioner Adam Silver said in a statement. âThe WNBA will benefit significantly from her more than 30 years of business and operational experience including revenu e generation, sharp entrepreneurial instincts, and proven management abilities.âWith Cathyâs hiring, we wanted to signal to the broadest possible audience that the WNBA is a major league and that she has the same status as the heads of other U.S.-based sports leagues.âThe WNBAâs current collective bargaining agreement ends on Oct. 31, after the leagueâs players opted out of the current agreement last season. In an attempt to rebrand itself, the league snatched up ATT as its top sponsor while creating a new logo and inking Nike as its uniform supplier. The WNBA also announced an agreement with CBS Sports Network to broadcast its games last month.âWe have world-class athletes, most of them are college graduates. The voice they can have, the strength of their convictions and their voice,â Engelbert said. âObviously we live in a divisive society. Why not the women of the WNBA, that voice, especially at a pivotal time around womenâs leadership where thereâs a lot of c onversation in the marketplace around how important it is to have role models, to thrive in a manâs world that everyone talks about.âDeloitte announced it had elected Joseph Ucuzoglu as its new CEO in March.You might also enjoy⦠New neuroscience reveals 4 rituals that will make you happy Strangers know your social class in the first seven words you say, study finds 10 lessons from Benjamin Franklinâs daily schedule that will double your productivity The worst mistakes you can make in an interview, according to 12 CEOs 10 habits of mentally strong people
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