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‘New fires every week’: Can KPMG’s new boss Jon Holt put them out quickly enough?

Bill Michael's successor has a tough job on his hands

Former audit head Holt will have to “steady the ship” following Bill Michael’s exit
Former audit head Holt will have to “steady the ship” following Bill Michael’s exit

KPMG’s new chief executive Jon Holt has taken over the Big Four audit giant this week in what can charitably be described as a challenging time for the firm.

His predecessor Bill Michael resigned after a backlash to comments he made in a virtual town hall meeting where he told staff not to moan about Covid-19 working conditions and described unconscious bias as “complete crap”.

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