PricewaterhouseCoopers selected Timothy F. Ryan as its new U.S. chairman for a four-year term beginning on July 1, 2016, succeeding Bob Moritz, who is becoming global chairman.

Ryan has served since 2013 as vice chairman and strategy and stakeholders leader for U.S. markets, where he was responsible for PwC U.S.’s strategy function and stakeholder relationships including investor relations, regulatory affairs, public policy, corporate responsibility and human capital.

Prior to that, he led PwC’s U.S. Assurance practice, where he oversaw all strategy and implementation of solutions that enhance the reliability of financial information shared between internal and external partners, investors and regulators. In addition, Ryan has led PwC’s U.S. Financial Services practice and Consumer Finance Group.

Ryan has more than 25 years of diversified experience in client strategy and relationship management. In addition to his external leadership role, he also served on PwC’s “Closing the Expectation Gap Committee,” in which his contributions helped to design and implement improvements that addressed gaps between the expectations of constituents and accounting standards. He also serves on the board of trustees for the Securities and Exchange Commission Historical Society and the Children’s Aid Society.

“Tim brings a strong sense of business strategy and client relationship management to his new role,” said Brian Cullinan, chairman of PwC’s U.S. board, in a statement. “During his tenure at PwC and as the Markets, Strategy and Stakeholders Leader, Tim has instilled a unique approach to business growth within our culture and for our clients. With purpose always at the forefront, Tim has played a significant role in growing client trust and implementing new strategies that enable PwC to deliver outstanding client service.”