EY Promotes 966 People to Partner Globally Despite Split Failure

Ernst and Young LLP announced Thursday that it had promoted more than 900 people to partner globally, despite the firm being thrown into chaos by the collapse of plans to split the company in two.

The Big Four firm promoted 966 people to partner, after reporting a 13.7% increase in global revenues to $45 billion in fiscal year 2022. More than 30% of the promotions were in assurance, including audit, despite the April collapse of a plan to split its audit and consulting arms into separate firms.

• “As we prepare EY to continue to thrive this year ...