KPMG nabs top consulting exec
Head of Atos Consulting rejoins Big Four firm
Head of Atos Consulting rejoins Big Four firm
Following the selling of its advisory business to French group Atos
Consulting in 2002, KPMG has signaled a push back into the consulting by
recruiting Atos’s chief executive, Bernard Brown.
Brown, a former KPMG partner, will rejoin the firm in October.
He orginally left KPMG when it sold its British and Dutch consulting business
to Atos Origin for £420m four years ago.
According to reports, as many as 20 senior Atos staff have rejoined KPMG in
the past year, prompting Atos to waive a non-compete agreement due to stand
until August on the condition that KPMG does not hire any more of its staff.
Both PricewaterhouseCoopers and Ernst &Young sold off their consulting
arms following fears of a US crackdown on conflict of interest among audit firms
in the wake of Enron.
Deloitte was the only Big Four firm to retain its advisory business.
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