EXCLUSIVE: Lennox to leave E&Y

EXCLUSIVE: Lennox to leave E&Y

Scot who ran for chairman's role against Mark Otty to leave Big Four firm in March next year

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:

E
&Y’s Lennox gets non-exec role

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

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