Incoming PwC Australia CEO shakes up executive team
PwC Australia’s long-time legal counsel Meredith Beattie is retiring as the firm’s incoming chief executive Kevin Burrowes announces major leadership changes.
Outgoing PwC general counsel Meredith Beattie.
The changes, announced in an email from Mr Burrowes sent to partners on Tuesday afternoon, also include the retirement of recently appointed chief risk officer Tony O’Malley.
Their departures are not tied to recriminations over the use of confidential information in multinational tax planning, but they do result from it, as the consulting giant reels from the financial consequences of the tax leaks scandal.
Mr Burrowes, formerly the network’s global clients and industries leader, was parachuted in to take over the firm on June 25. In his email to partners, he revealed that his Australian visa had been approved and that he would be arriving in Australia on July 17 to formally take up the CEO role.
“Both Tony and Meredith had already indicated their intention to retire from the firm this financial year but have realised that these critical roles will require a substantial leadership commitment for the next two years,” Mr Burrowes said in the email.
PwC partner Tony O’Malley is retiring from the firm. Christopher Pearce
Mr O’Malley had only assumed the chief risk role in May, following the earlier departure of former risk chief Sean Gregory whose exit from the partnership was announced on Monday.
The firm’s lead partner for assurance quality and risk, Jan McCahey, will become the new chief risk and ethics leader.
“Jan is an experienced risk and quality leader and was previously PwC’s global leader for public policy and regulation,” Mr Burrowes wrote. “We will announce the new head of OGC [office of general counsel]
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