KPMG NAMES LEADERS FOR MAJOR BUSINESSES AND OPERATIONS
KPMG announced today the incoming leaders of the U.S. firm’s Audit, Tax and Advisory businesses, as well as new heads of Operations and Innovation & Enterprise Solutions and other key roles. These appointments fill key positions in the leadership team formed by U.S. Chairman and CEO Lynne Doughtie and Deputy Chairman and Chief Operating Officer P. Scott Ozanus, who began their five-year terms as the firm’s top leaders on July 1.
The leaders of the firm’s three primary businesses are: Carl S. Carande, who succeeds Doughtie as Vice Chair of Advisory; Jeffrey C. LeSage, who will continue in his role as Vice Chair of Tax; andScott Marcello as Vice Chair of Audit. In addition, Laura Newinski has been named the firm’s Vice Chair of Operations, and Mike Nolan will assume the role of Vice Chair of Innovation & Enterprise Solutions. Doughtie and Ozanus also announced other key executives who will continue in their current leadership roles, including Sven Holmes as Vice Chair of Legal, Risk and Regulatory; Rob Arning as Vice Chair of Market Development; and Bruce Pfau as Vice Chair of Human Resources and Communications.
“These individuals are part of a leadership team that brings not just deep knowledge and experience but a proven understanding of how to adapt, innovate and swiftly execute in a marketplace that offers enormous opportunities for our clients and our firm,” said Doughtie. “I am incredibly excited about the tremendous momentum that KPMG has today. Our entire leadership team is well positioned to continue to serve our clients with the highest quality, grow our core businesses, and meet every challenge in a time of rapid change.”
The new leadership team will build on the strong foundation of success the firm has established, including a number of significant achievements in recent years. KPMG was the fastest growing of the Big Four firms in the U.S. in fiscal year 2014, posting a double-digit revenue increase and rapidly expanding its talent base and partnership. The firm continues to aggressively invest across a number of priority industries, including financial services, healthcare, industrial manufacturing, government, and energy, and has recently completed a number of strategic acquisitions in areas such as business transformation, cyber security, customer analytics, digital and mobile technologies, and alternative investments.
KPMG was also recently recognized for efforts to strengthen its culture and commitment to diversity through the KPMG Women’s PGA Championship and KPMG Women’s Leadership Summit, and an internal Higher Purpose effort that received wide-spread external attention. In early 2015, the firm became the top-ranked of its Big Four competitors on Fortune Magazine’s 100 Best Places to Work List.
“We’re extraordinarily fortunate to have such dynamic leaders during this time of transformative change for our clients and remarkable opportunity for KPMG,” said P. Scott Ozanus, KPMG U.S. Deputy Chairman and Chief Operating Officer. “As we build on the firm’s exceptional success and established history of quality, innovation and performance, this leadership team will embody the values of purpose and stewardship that will continue to define KPMG for years to come.”
KPMG is one of the world’s leading professional services firms, and the fastest growing Big Four accounting firm in the United States. Our global network of 162,000 professionals serves clients in 155 countries, providing innovative business solutions and audit, tax and advisory services to many of the world’s largest and most prestigious organizations.
KPMG is also widely recognized for being a great place to work and build a career. For the eighth time in nine years, KPMG was named one of the country’s “100 Best Companies to Work For” byFortune magazine, advancing 17 spots on this prestigious annual list to become the highest ranked of any Big Four accounting firm.
Our people share a sense of purpose in the work we do, and a strong commitment to community service, diversity and inclusion, and eradicating childhood illiteracy.
According to analyses by industry publications Accounting Today and International AccountingBulletin, KPMG’s 12% year-over-year revenue growth in fiscal 2014 makes it the fastest growing Big Four firm in the U.S. Each of KPMG’s three primary businesses contributed to the strong growth. Revenue from its Advisory business grew 18% in fiscal 2014, with 7% growth recorded in Audit, and 10% in Tax.
Learn more at www.kpmg.com/us.
KPMG LLP is the U.S. member firm of KPMG International Cooperative (“KPMG International”), a Swiss entity. Each KPMG firm is a legally distinct and separate entity and describes itself as such.