EXCLUSIVE: Lennox to leave E&Y

Jock Lennox, who lost out to Mark Otty in the race to become Ernst &
Young chairman in 2005, has decided to retire from the Big Four firm.

Lennox, who was 49 when he ran for the chairmanship, has already lined up a
non-exec role at Oxford Instruments.

He will retire at the end of March next year.

The firm said in a statement: ‘Jock Lennox, who has been a partner at Ernst
& Young since 1988, has decided to retire from the firm at 31 March 2009.

‘Jock has had a highly successful career at Ernst & Young, most notably
handling and developing important client relationships and encouraging the
careers of many of our younger partners and staff.

‘He is recognised by his peers as a leader in our market and has held a
number of different roles that have contributed to the development of the firm’s
business, actively supporting the international progression of Ernst &
Young and the expansion of our clients.’

Further Reading:

&Y’s Lennox gets non-exec role

Taking Stock’s take on the E&Y leadership battle

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