Senior PwC global executives flew into Sydney last weekend, showing that the issue has become an international concern for the consulting giant.
He remains a partner at the firm but is understood to be in negotiations over the terms of his exit.has been told that global chairman Bob Moritz demanded change at the Australian firm after the firm’s global general counsel, Diana Weiss, along with other US executives in Sydney, had assessed the situation.
The emails also revealed PwC ended up charging $2.5 million in fees to advise 14 clients how to sidestep new tax avoidance laws in 2016, relying on the confidential information.On Monday, assurance partner Kristin Stubbins was installed as acting CEO leader of the Australian firm after Mr Seymour stepped down.
Ms Stubbins has appointed partner Rob Silverwood to lead the financial advisory business and partner Tony O’Malley to take on a new role of chief risk and ethics leader. Another partner, Nicole Salimbini, will lead a response plan for creating better governance and structures.
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