Country networks which vote to reject splitting up would stay with what remains of EY, which will include advisory, tax and sustainability services alongside auditing, she said.
The “Newco” will account for $25-billion of revenue and 7,000 partners, with what’s left of EY representing $20-billion and 6,000 partners. “We are going to take this as an opportunity to reinvigorate the attractiveness of the profession,” she said.