KPMG’s Doughtie Won’t Seek Re-Election, CEO Search Begins (1)

Aug. 25, 2019, 3:56 PM UTCUpdated: Aug. 25, 2019, 4:52 PM UTC

KPMG’s chairman and CEO will not seek a second term leading the Big Four accounting firm, setting up a search for her successor, the firm confirmed to Bloomberg Tax.

Lynne Doughtie, 56, became the first woman to lead the U.S. firm when she was elected in 2015. Her current term is set to wrap up in June 2020.

“Lynne will work with the Board on succession and she is committed to a smooth transition after her successor is elected. We appreciate Lynne’s leadership that has driven positive outcomes for the Firm in quality, culture, inclusion & diversity, innovation and growth,” ...

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