EY promotes record 1,033 to partner

13 July 2022 Consulting.us 1 min. read
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EY promoted a record 1,033 team members to partner across its global operations, effective July 1, 2022.

Women accounted for 32% of the Big Four firm’s promotions, staying relatively flat from a record-high 34% in last year’s partner class, which numbered 830 people.

The proportion of new partners in emerging markets also stayed flat, at 32% compared to 30% in 2021.

“Congratulations to all new EY partners for achieving this exceptional career milestone. Every one of these transformative leaders has brought EY values to life and their promotions are the result of their dedication to the EY purpose of building a better working world,” said Carmine Di Sibio, EY Global chairman and CEO.

EY promotes record 1,033 to partner

The allocation of promotions across service lines remained virtually unchanged from the previously partner class. Assurance accounted for the largest proportion of partner promotions with 344 (33%), followed by consulting, with 265 (26%); strategy and transactions, with 171 (16%); and tax, with 235 (23%). Additionally, there were 18 new partner promotions in business support (2%).

By geography, EY member firms in Europe, the Middle East, India, and Africa (EMEIA) had the largest proportion of new partners, at 41% (compared to 35% in 2021) followed by the Americas at 39% (versus 41% in 2021). New EY partners in Asia-Pacific accounted for 20% of the global class, down from 24% in 2021.

“I’m proud of every one of the newly promoted partners who will bring their transformational leadership skills to serve EY clients better while also building an inclusive and supportive culture for all. The exceptional EY experience is theirs to build,” said Trent Henry, EY Global vice chair – talent.

EY’s worldwide headcount across 150+ countries grew from approximately 300,000 to 312,250 in the last year.