KPMG INTERNATIONAL has announced John Veihmeyer has been selected as the firm's global chairman, succeeding the retiring Michael Andrew.
Andrew (picutred) has recently been diagnosed with a serious medical condition and will focus on his treatment and recovery while continuing his work as co-chair of the Australian B20 working group on anti-corruption.
Veihmeyer currently serves as chairman and CEO of KPMG's US firm, and will continue in those roles as well as global chairman. He received the unanimous support of the board and his selection is expected to be ratified at the March meeting of senior partners from KPMG's network of firms around the world.
He has held the CEO position of KPMG's US arm since 2010 and is also the incumbent chairman of KPMG's Americas region, a position from which he will step down upon taking the global post. He is a member of KPMG's global executive team, and has previously held numerous other leadership roles at the firm, including deputy US chairman; managing partner of KPMG's Washington, DC division; and global head of risk management and regulation.
Andrew said: "I congratulate John on being selected as the next KPMG global chairman. He is an outstanding leader, a good friend and has already made a significant contribution to KPMG in his leadership of the US member firm. He is the ideal person to lead our network into this next important phase of our growth."
Veihmeyer, who began his career at KPMG, added: "The opportunity to lead KPMG globally is a privilege and honor, and I look forward to working alongside our incredibly talented professionals from around the world.
"My focus will be continuing to strengthen our global reputation for quality and professionalism, as well as our status as one of the world's great places to work and build a career."
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