EY's business split plan gives partners seven-figure payouts: WSJ

Ernst & Young, one of the Big four accounting giants, is considering splitting its business into two companies, a move that would include multimillion-dollar payouts to most of the firm's 13,000 partners.

that a preliminary version of the proposal, codenamed Project Everest, aims for EY's consulting group to go public in an initial public offering penciled in for late 2023. The plan is still tentative and subject to approval by a partner vote, but pursuing the split would provide seven-figure windfalls to the highest-ranking EY employees.

安永会计师事务所（EY partners）正考虑从这家企业巨头的咨询和审计业务中分拆数百万美元的款项

Singapore Singapore Latest News, Singapore Singapore Headlines

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

Starbucks head of North America business leaving company after 17 yearsRossann Williams has been a prominent figure in the company's push against worker unionization. Took her a long time to come to her senses.
Source: fox32news - 🏆 547. / 51 Read more »

Bottoms up: Newly-retired ex-Eagles star (and N.J. native) has big business plans with a grain of truthFormer Philadelphia Eagles safety Malcolm Jenkins announced his retirement from the NFL in March.
Source: njdotcom - 🏆 282. / 63 Read more »