EY’s new boss signals cost cuts, leadership changes

New York | London | EY’s new boss Janet Truncale has set out her leadership team for the big four accounting firm, moving an architect of its failed split from his executive role and signalling plans to cut costs across the global firm.

Ms Truncale named four global managing partners to help run EY when she takes over as chair in July, according to an email to partners this week, which said the wider global executive team would be “the same size or smaller” in future.

Financial Times