PracticeAccounting FirmsKPMG network opts for US chairman

KPMG network opts for US chairman

Network goes for surprise US choice in Tim Flynn, rather than European candidate

US KPMG chief Tim Flynn has been elected chairman of KPMG International, the
global network said in a statement today.

Flynn’s appointment is a surprise, with some having predicted that German
KPMG head Rolf Nonnenmacher would get the top job.

Flynn takes over from the UK’s Mike Rake, who is moving to chair BT.

Flynn, 50, was elected unanimously by the KPMG International Board and
Council, the network said. He is a 28-year veteran of KPMG and has been a
partner since 1988. He has headed the US firm since 2005.

The chairman’s role at KPMG has in the recent past alternated between a US
senior partner and one from the rest of the world. However, given the US firm’s
tax issues and Flynn’s relatively recent appointment as head of the US firm, it
had been thought a candidate from outside the US would chair the global network
after Rake’s departure.

Flynn said: ‘I am honored to be elected chairman of KPMG International and I
look forward to building on the achievements attained by Mike Rake – as well as
addressing the challenges we face in this extraordinary time of continued change
for the accounting profession. Mike has an enviable record at KPMG, as both
senior partner in the UK firm and chairman of KPMG International.’

Further reading;

Tax
Hack

Related Articles

BDO’s global revenues pass $8bn

Accounting Firms BDO’s global revenues pass $8bn

6d Alia Shoaib, Reporter
Top 40 International Networks, Associations and Alliances: Finding growth amid uncertainty

Accounting Firms Top 40 International Networks, Associations and Alliances: Finding growth amid uncertainty

1w Philip Smith, Reporter
Top 40 International Networks, Associations and Alliances 2017: Big Four tussle for top spot

Accounting Firms Top 40 International Networks, Associations and Alliances 2017: Big Four tussle for top spot

1w Emma Smith, Managing Editor
BDO reports revenue growth of 5.7%

Accounting Firms BDO reports revenue growth of 5.7%

2w Alia Shoaib, Reporter
Taylorcocks announces merger with Surrey firm

Accounting Firms Taylorcocks announces merger with Surrey firm

2w Emma Smith, Managing Editor
Kingston Smith reports 7% gender pay gap

Accounting Firms Kingston Smith reports 7% gender pay gap

2w Emma Smith, Managing Editor
RSM announces two partner promotions

Accounting Firms RSM announces two partner promotions

3w Emma Smith, Managing Editor
Backsourcing: The latest accountancy trend?

Accounting Firms Backsourcing: The latest accountancy trend?

1m Pillsbury Winthrop Shaw Pittman