PracticeAccounting FirmsErnst & Young makes non-exec appointments

Ernst & Young makes non-exec appointments

Mark Olsen, Sir Richard Lambert and Klaus Mangold become Big Four firm’s first non-executives

ERNST & YOUNG has appointed non-executive directors for the first time in its history.

The Big Four firm has recruited three senior industry figures to sit alongside partners on its global advisory boards, reports the FT. They are:

Mark Olson, former chairman of the US Public Company Accounting Oversight Board;
Sir Richard Lambert, former director general of the Confederation of British Industry; and Klaus Mangold, a former DaimlerChrysler executive.

The firm originally announced in July last year that it would make non-executive appointments in order to comply with the UK’s Audit Firm Governance Code.

It joins PwC, BDO, KPMG and Grant Thornton, who have also appointed non-executives recently.

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