200 jobs to be created in Orleans Parish
Ernst & Young LLP (EY) and Greater New Orleans, Inc. today, along with Governor John Bel Edwards and Mayor LaToya Cantrell announced the opening of a new executive support center within its expanded and remodeled downtown New Orleans office.
The new center, part of the firm’s growing National Executive Assistance Team (NEAT), will create 175 new jobs in the area with a focus on executive administrative support. The center supports EY executives across the country. In addition to the 175 roles dedicated to NEAT, the firm plans to hire an additional 25 employees to support the firm’s risk services function for a total of 200 new hires between 2018 and 2021.
“Louisiana is proud to support the expansion of professional offices in our state, particularly jobs that are associated with one of the world’s leading professional services organizations,” said Louisiana Gov. John Bel Edwards. “The New Orleans Central Business District is well-suited to host executive-level offices, such as this one, with the full range of amenities, resources and workforce talent required by today’s leading organizations. This expansion is exciting news for Louisiana and demonstrates the corporate office and professional services strength that exists in New Orleans. We look forward to tremendous growth for EY in our state.”
“I’m proud to see a global powerhouse like EY investing in New Orleans this way,” said Mayor LaToya Cantrell. “They are not just standing up a new professional service center, they are standing with the people of New Orleans by creating jobs and deepening their commitment to the City. With this investment, EY is tapping into the skilled workforce and the outstanding quality of life our City offers--- and helping to move New Orleans forward.”
Over the past five years alone, the New Orleans EY office has grown nearly 30 percent to more than 180 professionals. In early 2019, the firm finalized a remodel of its office space as part of the firm’s global “EY at Work” initiative, which leverages modern office design and collaborative spaces alongside the latest technology and environmental standards to support teamwork and productivity. To encompass the NEAT center, the firm is adding a floor to its current location.
“The opening of our NEAT center as well as the renovation of our office space underscores our firm’s commitment to this market and to our people,” said Brian Rotolo, Louisiana Managing Partner, Ernst & Young LLP. “These investments will encourage our people to grow as professionals and to produce their best work, with innovation and teaming highlighted throughout. I am proud of the amazing team we’ve assembled here in New Orleans and of the exceptional service we provide to our clients — those in the city and beyond. We are dedicated to advancing the firm’s purpose of building a better working world.”
As EY nears the celebration of its centennial anniversary in New Orleans, the firm’s market position and brand in the city was a strong contributing factor in New Orleans being a desirable location for expansion and firm investment through the opening of the NEAT center. New Orleans also offered an exceptional pool of qualified and diverse talent combined with a strong sense of community and attractive economic conditions.
“We are pleased to work with EY as they continue to expand in the New Orleans market, providing even more professional opportunities for Greater New Orleans residents,” said Michael Hecht, president and CEO of Greater New Orleans, Inc. “The firm’s growth and commitment to the city is another example of the excellent environment that New Orleans provides for businesses including its skilled workforce, low operating costs, and outstanding quality of life.”
“We are delighted in EY’s continuing commitment to New Orleans. As part of a global professional services organization, EY’s choice of New Orleans is a vote of confidence in the city, specifically, our highly educated workforce and our 10 local universities and colleges,” said Quentin Messer, president and CEO of the New Orleans Business Alliance. “This professional support operation is additional proof that our local economy continues to diversify while building upon the city’s historic strengths. Most importantly, EY’s decision gives residents additional opportunities to build dynamic careers with a leading international organization here at home.”
The firm’s New Orleans office is located at 701 Poydras St #3900, New Orleans, LA 70139. The firm’s Lafayette office is located at 202 Rue Iberville Suite 107, Lafayette, LA 70508.
EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.
EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit ey.com.
This news release has been issued by Ernst & Young LLP, a member firm of EY serving clients in the US.
About Greater New Orleans, Inc.
GNO, Inc. is the regional economic development organization for Southeast Louisiana. The GNO, Inc. Mission is to create jobs and wealth in the Greater New Orleans community. The GNO, Inc. Vision is for the Greater New Orleans region to fulfill its potential as one of the best places in the country to grow a company, and raise a family.
More information can be found at www.gnoinc.org.