PwC Changes German Boss Shortly After Tax Raids

PwC Germany on Monday announced a new boss, just weeks after German police raided the firm on suspicion of tax evasion.

Audit head Petra Justenhoven was elected by partners to take over as management board chair in July, according to a statement from the firm, which is also known as PricewaterhouseCoopers LLP. She replaces Ulrich Stork, who has served as chair since July 2018.

• Justenhoven will have to deal with an ongoing tax evasion investigation. On Nov. 30, 250 German law enforcement officers raided PwC offices in five cities, as well as the private residences of eight current or ...