Another two senior KPMG executives associated with the whistleblower scandal have resigned from the firm as it prepares for another round of public hearings on the matter this Friday.
KPMG said its general counsel Louise Capon has decided to leave KPMG after 10 years with the firm. It will also start the process to find a long-term successor for HR boss Dorothy Hisgrove.
KPMG’s new chief executive John Sams made the announcement to partners on Tuesday morning.
“I have asked Louise to remain with us for a period to ensure the smooth handover of the important work she is doing on multiple fronts and support the orderly transition of her responsibilities. Louise will step down from the [executive committee] immediately,” he said.
Sams also noted that: “Dorothy has always planned to retire from the partnership in early 2027. Dorothy is supporting us with this process and will remain in her role until we appoint a successor.”
The two executives are set to depart KPMG as the firm grapples with the fallout from a whistleblower’s claims that it illicitly accessed sensitive board papers from its clients in a bid to win new business. Key claims made by the whistleblower have been substantiated, and a parliamentary committee is investigating how KPMG responded to the explosive claims.
Capon and Hisgrove were questioned at the previous public hearing into the scandal, held in June.
In a response to questions from the parliamentary committee, KPMG confirmed last month that the general...
Read Full Story:
https://news.google.com/rss/articles/CBMizAFBVV95cUxNc0JPVFhPa05pMnpHSlZQYkc4...