KPMG Selects Paul Knopp as Next CEO

Paul Knopp

KPMG has announced that Paul Knopp will serve as the Big 4 firm’s next chair and CEO for a five-year term starting July 1, while Laura Newinski has been elected deputy chair.

Knopp, a 36-year veteran of the firm, leads several of the firm’s most complex global audit engagements. Newinski, vice chair of operations, has held several leadership roles in the tax practice of the New York-based firm, which reports FY18 net revenues of more than $9.46 billion. The KPMG partnership ratified the election of Knopp and Newinski on March 2.

Laura Newinski

Knopp and Newinski will succeed Lynne Doughtie and P. Scott Ozanus, who have served since 2015 as U.S. chair and CEO and deputy chair, respectively. Both will retire later this year. Doughtie previously announced that she would not seek a second term.

“I have had the pleasure of working closely with Paul for many years, and I can attest to his values-based leadership,” Doughtie says in a statement. “He is a thoughtful, confident and decisive leader who inspires people at all levels. Laura is a proven leader who has a long and successful track record driving operational excellence, transformative change and growth for the firm.”

Knopp says it is a pivotal time in the firm’s history. “We have a tremendous opportunity to bring value to our various stakeholders through our one-firm approach during these transformative times.”

Knopp has served leading global companies in the manufacturing, life sciences, transportation, professional services and technology industries. He has served on KPMG’s board of directors, including serving as lead director.

Newinski joined KPMG in 1988. She is responsible for technology and financial matters for the firm and oversees its operations. She also serves as COO for KPMG’s Americas region. Prior to her current role, Newinski served as the national MP of KPMG’s U.S. tax practice and also held other regional leadership roles for the practice.

“The best part about working at KPMG is our remarkable people,” Newinski says. “Our people serve our clients with excellence, support one another and their communities, and find solutions that have impact.”

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