The head of PwC’s Australian arm resigned Monday as the fallout over the firm’s leaking of confidential government tax plans intensifies.
“After discussion with the PwC Australia Board of Partners, Tom Seymour is stepping down as CEO, effective immediately,” the firm, also known as PricewaterhouseCoopers LLP, said in an emailed statement. Kristin Stubbins, leader of PwC Australia’s Audit and Trust & Risk businesses, is taking over as acting CEO. A permanent replacement will be elected by partners “in coming months,” the firm said.
It was the latest shoe to drop in a crisis that has gripped the firm ...
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