PricewaterhouseCoopers announced today that Samuel DiPiazza, Jr. has been reappointed to a second four-year term as chief executive.

The appointment has now been ratified by PwC’s network of member firms worldwide. DiPiazza’s new term will begin on January 1, 2006.

DiPiazza, 54, has been PricewaterhouseCoopers global CEO since 2002. He previously had served as chairman and senior partner of PricewaterhouseCoopers-U.S. Prior to that he had been Americas Leader of PricewaterhouseCoopers’ tax practice, and had served on the Leadership Team and Board of Partners of PricewaterhouseCoopers-U.S.

“PricewaterhouseCoopers is positioned to become the distinctive worldwide professional services organisation,” said DiPiazza, in a release. “Sustaining our success in today’s rapidly-changing economic, political and regulatory environment will require us to move with increasing speed and a high sensitivity to the risks in our businesses. We will continue to focus on strategic execution, consistent, first quality performance in all our services, and enhanced value to our clients.”

“I remain convinced that this is the best of all times to be in our businesses,” DiPiazza said. “The challenges are great. The future will be the province of those who rise to meet them with conviction, with courage and with commitment.”

In announcing DiPiazza’s reappointment, Paul Brasher, chair of PricewaterhouseCoopers International Ltd. said, “Sam DiPiazza has done a tremendous job guiding the PricewaterhouseCoopers worldwide network through a period of unprecedented change for accountancy and professional services. His strong leadership and keen vision of the future for our businesses around the world will provide the direction needed to assure our continued success.”