Race to succeed PwC’s Poynter is wide-open

The race to succeed Kieran Poynter as senior partner of
PricewaterhouseCoopers is set to see at least four candidates nominated, with no
hot favourite as yet.

Nominations open ‘shortly’ for the position, PwC said this week, with a
successor to be named in April and take over in July.

Richard Collier-Keywood, the UK head of tax, Richard Sexton, the UK head of
assurance, and Glyn Barker, another senior partner on the UK managing board, are
all said to be in the running. Paul Boorman, global managing partner for markets
and operations, is also understood to be a likely candidate.

The nomination process involves partners putting themselves forward, with
senior members of the firm often giving candidates a tap on the shoulder and
advising them to stand.

Poynter has been senior partner since 1 July 2000, and replaced Peter Smith.
He came from the supervisory board, but it is expected partners with managerial
board experience are more likely contenders this time around.

A source said: ‘If the firm had been doing really badly and the time had come
for change,’ a supervisory figure might have been more likely, but it is
expected the firms’ partners will vote for more of the same.

A spokeswoman for the firm said this week: ‘The formal nomination process
will commence shortly.’

more on the firm’s governance structure click here

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