PwC Australia appoints new CEO, offloads government business

  • 📰 brisbanetimes
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 67%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

PwC has parachuted in one of its most senior global executives to take control of its Australian firm and has confirmed the sale of its government business to private equity group Allegro Funds for $1.

PwC has appointed one of its most senior global executives to take control of its Australian firm and has confirmed the sale of its government business to private equity group Allegro Funds for $1.

Kevin Burrowes is one of PwC’s most senior executives and reports directly to global chair Robert Moritz. “Kevin’s experience across other parts of the PwC network ensures that as he takes over the leadership in Australia he brings a fresh perspective to the firm, and he will work with his colleagues and management team to re-earn trust with PwC Australia’s stakeholders,” said PwC governance board chair Justin Carroll.He also thanked acting CEO Kristin Stubbins, who will remain in the role until Burrowes completes the Australian immigration process.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Allegro to pay just $1 to save PwC’s government businessAbout 130 PwC partners and about 1750 staff from the firm’s embattled government consulting arm will join a new company codenamed Bell under the cut-price deal.
Source: FinancialReview - 🏆 2. / 90 Read more »

PwC Australia appoints new CEO, offloads government businessPwC has appointed one of its most senior global executives to take control of its Australian firm and has confirmed the sale of its government business to private equity group Allegro Funds for $1.
Source: theage - 🏆 8. / 77 Read more »

'Secrecy around tax': Multinationals fight off laws to boost tax transparency despite PwC leaks scandalFor those who are hopeful that the aftermath of the PwC scandal will usher in a new era of tax transparency, there's a reason to pause. Laws that were supposed to take hold on July 1 to increase transparency have just been killed off by business lobbies, writes Nassim Khadem.
Source: abcnews - 🏆 5. / 83 Read more »

Embattled PwC exploring sale of government consulting businessThe Australian consulting outfit is in talks with private equity firms to sell its government, education and healthcare practice.
Source: FinancialReview - 🏆 2. / 90 Read more »