Page 24 - Bill Michael News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Bina Mehta, who is standing in as interim chairman, will remain in the role for 12 months and will not run for election as chief executive

Bartleby M ANY PEOPLE, including this columnist, complain that chief executives make bland statements that are full of corporate jargon. It becomes easy to understand why managers are addicted to waffle when a boss foolishly decides to give his employees a piece of his mind. Listen to this story Enjoy more audio and podcasts oniOSorAndroid. The latest culprit was Bill Michael, the British chairman of KPMG, a big consultancy. In a virtual meeting Mr Michael dismissed staff concerns about the pandemic, saying that “you can’t play the role of victim unless you’re sick. I hope you’re not...

KPMG enters exclusive talks with private equity firm HIG on sale of restructuring arm KPMG has reportedly entered into exclusive talks with HIG Europe, a private equity company interested in buying its restructuring arm. (Getty Images) Big Four firm KPMG has entered into exclusive talks with private equity firm HIG Europe about the sale of its UK restructuring business The deal, first reported by Sky News, could be worth some £400m. KPMG declined to comment on the rumours, and HIG could not be reached for comment. Sky also reported HIG has lined up John Connolly, the forme...

Partners oust head of world’s largest consultancy firm, before final round of leadership ballot

KPMG UK has promoted its first female leaders in the firm’s 150-year history and “paves the way” for greater diversity and inclusion across the accountancy industry, according to Bina Mehta, acting chair of the board. The move came shortly after the firm’s former chairman and senior partner Bill Michael confirmed his resignation after he was caught telling staff to “stop moaning” about working during the pandemic and trivialised the notion of unconscious bias in a conference call. KPMG UK appointed Mary O’Connor, head of clients and markets, as acting senior partner to take over...