Lifelong KPMG veteran’s appointment as CEO draws pointed response
“The firm fell short of the standards rightly expected of us, and the accountability for these failures will continue to be implemented,” he said. “We have serious work to do on our culture, our leadership and our governance and it will take resolve and endurance.”Among the first tasks on his list are likely to be job cuts. “No decisions have been made regarding any specific measures or any potential impact on roles.
- ▪“The firm fell short of the standards rightly expected of us, and the accountability for these failures will continue to be implemented,” he said.
- ▪“We have serious work to do on our culture, our leadership and our governance and it will take resolve and endurance.”Among the first tasks on his list are likely to be job cuts.
- ▪“No decisions have been made regarding any specific measures or any potential impact on roles.
Opening excerpt (first ~120 words) tap to expand
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Excerpt limited to ~120 words for fair-use compliance. The full article is at The Sydney Morning Herald.