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Big Four firm found three senior executives committed ‘significant violations’ of its electioneering rules
Selection by global board was revealed to partners on Monday
Some partners are worried that 57-year-old Andy Baldwin could not serve a full term if he succeeded Carmine Di Sibio
Tim Ryan had been tipped as a potential successor to Bob Moritz as global chair
Promotion of Americas financial services head follows failed plan to split off consulting arm
...Křetínský, a lawyer-turned-energy tycoon, is the largest shareholder in IDS with a 27.5 per cent stake and has been a prolific dealmaker in the UK, buying stakes in supermarket chain J Sainsbury and London...
Big Four firm’s initial estimates show jump in deficiencies found in work by overseas auditors
Internal backlash to consulting firm’s restructuring and slower growth make for tougher-than-expected leadership contest
...As Sternfels’ predecessors eulogised Daniel’s “servant-leadership” from 1976 to 1988 in front of an audience that included the former New York mayor Michael Bloomberg and McKinsey alumni such as ex-Morgan...
...Bob Sternfels of McKinsey and Rich Lesser of BCG had been summoned to appear before Congress, along with the chief executive of smaller consultancy Teneo and the dealmaker Michael Klein, after the four firms...
...The chief executives of the firms, which also include Teneo and the deal advisory business led by Michael Klein, have been summoned to explain themselves at a Senate committee hearing next week, as lawmakers...
...Marco Rubio, the vice-chair of the Senate intelligence committee, and Michael McCaul, the chair of the House foreign affairs committee, said McKinsey had undermined US security through the think-tank’s role...
Kande will be the first consultant and first black leader to run the Big Four firm
...Michael J (Mike) Bond Mercer Island, WA, US...
Tim Ryan’s decision to retire breaks convention of US leaders ascending the ranks to run the global network
...Sonja Hutson Stephen Foley is the FT’s US accounting editor. Thanks, Stephen. Stephen Foley No problem. Thanks very much....
...J...
...In 2017, J&F agreed to pay a $3.2bn fine in Brazil after admitting to bribing politicians. The payment was suspended by the supreme court last year....
...Louise Foley, an epidemiologist at Cambridge university’s Centre for Diet and Activity Research, said the rise in child obesity reflected urban planning trends that do not prioritise walking or sporting...
New independence policies are challenge to other Big Four accounting firms
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