Ernst & Young’s global CEO Carmine Di Sibio and US chair Julie Boland will run the accounting giant’s advisory and assurance businesses, respectively, if the firm’s separation moves ahead next year as planned, the firm announced Wednesday.
The selections represent a key milestone as the firm expects to seek backing from 13,000 partners in the coming months and continues to prepare for splitting up the $45 billion revenue firm. It what would be the biggest shake-up the accounting industry has seen since Arthur Andersen’s collapse 20 years.go.
“This really sets the foundation for us to move forward,” said Trent van ...
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