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PwC Australia appoints new CEO, offloads government business

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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.

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