Hints and tips:
...EY’s US chair Julie Boland has reshuffled the firm’s leadership, elevating loyalists after winning a power struggle with the Big Four accounting firm’s global bosses that scuppered a plan to spin off its...
...“I think it was probably a misnomer to say just because we came out of feasibility [planning] everything was done and dusted,” said Boland....
...Boland listed four significant hurdles for the deal....
...Supporters of Di Sibio, who would lead the spun-out consulting business, blamed Boland for “posturing” and causing an unnecessary public row....
...Earlier on Thursday, in her first public interview about Project Everest, Boland told the Financial Times that it was “premature” to say if a deal could be reached....
...Julie Boland, who runs the US firm, threw the future of the project into doubt last month by calling a “pause” to planning work....
...Boland took over from Kelly Grier, who insiders said had decided not to run for re-election after a power struggle with EY’s global boss Carmine Di Sibio....
...EY announced in February that Julie Boland, managing partner of its central US region, had won an election by US partners to replace Grier....
...Boland, 56, knows her EY history....
...Julie Boland, US managing partner, dealt the final blow to Project Everest in April, having decided it would weaken EY’s audit business....
...Boland told the Financial Times last week she had paused work on Everest in part to limit the escalating costs while critical details remained to be hammered out....
...Michael says Boland saw this as a problem....
...The joint statement sent to the Big Four accounting firm’s 13,000 partners on Friday marked a break from weeks of conflicting messages from the global leadership and EY’s US business, whose chair, Julie Boland...
...Boland’s comments have “caused confusion and contained contradictions”, said one US partner....
...Miles JohnsonSeamus Boland is Detective Chief Superintendent in the Irish police. Seamus and his colleagues, they’ve been trying to keep tabs on Christy, even though he’s now far away from Ireland....
...FT’s US accounting editor Stephen Foley and accountancy correspondent Michael O’Dwyer explain why that shakeup didn’t happen....
...The Big Four accounting firm’s planned break-up was thrown into chaos on Wednesday when Julie Boland, head of the US business, told partners the deal was being put on hold....
...For Michael O’Sullivan, the man who first arrested Christy Kinahan in a Dublin flat back in the 1980s, it’s only a matter of time....
...Boland’s intervention will pile pressure on EY’s global chair and chief executive Carmine Di Sibio, who has been chosen to lead the standalone advisory business if the split goes ahead....
...Julie Boland, the head of EY’s US business, who has been picked to run EY after it spins off its consulting arm, told partners on Wednesday that the deal needed to be reworked, according to people familiar...
...Julie Boland, the head of EY’s US business, who has been picked to run EY after it spins off its consulting arm, told partners on a call on Wednesday that the deal needed to be reworked, according to people...
...Progress on the break-up was halted by EY’s US boss Julie Boland this month citing a series of issues including the likely effect on the “health” of the remaining audit business....
...Asked whether Boland’s appointment would address that concern, van Veen said Boland “is a very considered leader”. “She certainly has the best interests of all partners at EY at heart.”...
...Though not vying for the top job herself, US managing partner Julie Boland will be a key player in deciding who comes out on top....
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