Deloitte Financial Advisory Services LLP has elected David Williams as chief executive officer. Williams will replace current CEO Frank Piantidosi, who has held the position since 2003. Piantidosi will assume the role of chief executive of Deloitte North America Financial Advisory LLC.

Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal,...