PwC partners have voted in favor of reforms concerning directors and CEOs.

PwC partners have approved crucial recommendations from Ziggy Switkowski’s review of the firm’s governance and culture, which ensued after its tax leaks scandal. These recommendations include appointing an independent chairman and two independent directors starting from July. The vote, held on Thursday morning, paves the way for PwC to implement a revised process for selecting its chief executive and to enhance due diligence and evaluations of partners with governance roles. Notably, the decision to install an independent chairman marks a milestone as the first among Big Four consulting firms in Australia.

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