PracticeAccounting FirmsKPMG US second Big Four firm to appoint female CEO

KPMG US second Big Four firm to appoint female CEO

Lynne Doughtie is to assume the CEO and chairwoman roles of KPMG in the US

KPMG’s US ARM has become the second Big Four firm to appoint its first female chief executive, with the election of Lynne Doughtie.

Her five-year term as chairwoman and CEO will commence on 1 July. She currently leads KPMG’s advisory business, having held numerous leadership positions since launching her career in the firm’s audit practice three decades ago.

It follows Deloitte’s appointment of Cathy Englebert in February, with her role commencing on 11 March.

Doughtie (pictured) will succeed John Veihmeyer, who has served as US chairman and CEO since 2010 and simultaneously as global chairman of KPMG International since February 2014.

When Veihmeyer became global chairman, he indicated that he would serve the remainder of his term as US chairman and CEO through to its close on June 30, 2015, before focusing exclusively on his international role. He will continue to be based in the US as he leads KPMG globally.

“It is an honour to have the chance to lead KPMG at such a pivotal moment, when ensuring quality and confidence in the work we do has never been more important,” said Doughtie. “Our firm, our clients and the entire marketplace are looking at a future of unprecedented change and extraordinary opportunity, where ‘business-as-usual’ is going to mean constant innovation and transformation. I’m excited to team with our incredibly talented people, as we work closely with companies and other organizations to help them address their most complex challenges and opportunities.”

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