KPMG International announced last week that it has re-elected William B. Thomas as its Global Chairman and CEO, one year before his term would have ended. Thomas, who took the seat on October 1, 2017, will now continue to serve until September 30, 2025. The move, according to the firm, is to provide "certainty of leadership and direction for KPMG as it focuses on supporting clients and stakeholders."
As Global Chairman and CEO, Thomas will continue to oversee the development and implementation of the firm's global strategy—no easy job in the wake of the disruption caused by COVID-19. His previous work in the role includes the launch of a US$5 billion digital strategy investment plan and the advancement of KPMG's approach to diversity, inclusion, and ESG.
Prior to being elected Global Chairman, Thomas was Chairman of the firm's America's region from 2014 to 2017, and the CEO of KPMG Canada from 2009 to 2016. He has been a member of KPMG's Global Board since 2009.
Thomas said of his re-election: “I am deeply honored that KPMG’s Global Board, confirmed by the Global Council, have asked me to continue to serve as Global Chairman & CEO. In this critical moment, as our firms, clients and societies are facing some of the most challenging circumstances in a generation, it is imperative that KPMG continues to drive forward with our strategy. We must work together with all of our stakeholders as we chart a path towards recovery and growth."
He also stated that he would use his extended term to focus on building trust and developing talent across KPMG's operations. The firm has over 220,000 partners and staff worldwide.