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EY US pledges $1 billion to boost attractiveness of accounting profession
EY US has announced plans to invest $1 billion over three years in talent and technology to improve the experience of early career accounting professionals Accounting professional associations have f
24 June 2024
EY acquires IT consulting firm Nuvalence
EY US has acquired Nuvalence, a Troy, NY-based IT consulting firm. Founded in 2018, Nuvalence has a team of more than 140 engineers, product managers, and architects in the US, Canada, and Colombia.
30 April 2024
EY promotes Shawn Smith to Americas leader for financial services
EY has promoted Shawn Smith to Americas financial services organization (FSO) leader.
27 March 2024
EY elects Janet Truncale as global chair and CEO
EY’s global committee on Wednesday announced they elected Janet Truncale to global chair and chief executive officer, effective July 1, 2024.
20 November 2023
EY reports nearly $50 billion in revenue in FY23
EY Global grew revenues 14.2% in local currency (9.3% in US dollars) to reach $49.4 billion in revenue for the financial year ending June 2023.
18 September 2023
EY rejects TPG's proposal to buy stake in consulting arm
EY on Wednesday told its partners it had rejected a proposal from US private equity firm TPG Capital to break up the firm and buy a stake in its consulting business.
18 August 2023
EY US names Tim Tracy as EY Americas private equity leader
EY US has appointed Tim Tracy as EY Americas private equity leader. He is based in metro New York.
03 August 2023
EY names 966 new partners globally
EY Global has promoted 966 team members to partner, down slightly from the 1,033-person partner class in 2022. Women accounted for over a third of new partners, at 34% compared to 32% in 2022.
02 June 2023
EY US to cut 5% of workforce
EY US plans to cut 3,000 jobs mostly in its consulting division, the Financial Times reported on Monday.
19 April 2023
EY breakup scuttled amid objections from US audit partners
EY is stopping the plan to split its global audit and consulting business because the US firm has decided not to move forward, according to a Tuesday internal memo to its 13,000 partners.
13 April 2023
EY's split plans in limbo as auditors demand larger part of tax practice
EY’s leaders continue to negotiate about how the tax practice will be divvied up in proposed bifurcation of the global network.
31 March 2023
WWE taps EY to help open up bets on scripted matches
World Wrestling Entertainment (WWE) has hired consulting firm EY to help convince state gambling regulators to legalize betting on its scripted wrestling matches, sources told CNBC.
21 March 2023
EY pauses global audit and advisory split plan
EY’s plan to split its global audit and advisory businesses has been put on pause amid a dispute over how much of the tax business should remain with the audit company.
10 March 2023
EY expands Microsoft practice with Tallan acquisition
EY US has acquired Tallan, a Hartford, CT-based IT consultancy focusing on Microsoft Azure solutions.
28 February 2023
EY considers giving retired partners payout in upcoming spinoff
EY has told retired US partners it is considering giving them a cut of the proceeds from a spinoff of its consulting arm, the Financial Times reported.
08 February 2023
Jamie Miller joins EY Global as chief financial officer
Jamie Miller, formerly CFO of Cargill and General Electric, has joined EY Global as CFO.
18 January 2023
EY nominates leaders of its forthcoming split business
EY has nominated Carmine Di Sibio and Julie Boland to lead the firm’s advisory and audit businesses, respectively, ahead of a 13,000-partner vote on the momentous split of the global accounting and c
16 December 2022
EY US cancels holiday bonuses
EY US has opted not to give its US staff holiday bonuses this year, the Financial Times reported on Saturday.
13 December 2022
PwC US aims to poach EY partners as global split looms
PwC US plans to significantly expand its number of “direct admit” partners (externally hired rather than promoted) in the coming year, according to a Financial Times report.
06 December 2022
EY leaders approve audit and advisory split, but hurdles remain
The leaders of 14 of EY’s 15 biggest member firms – accounting for 80% of its $45 billion in global revenue – on September 8 approved putting the split of its audit and advisory businesses to a partn
12 September 2022
Government consultancy Cambria Solutions joins EY US
Cambria Solutions, a Sacramento, CA-based consulting firm focusing on state and local government clients, has been acquired by EY US.
16 August 2022
EY partners with Planon on real estate and workplace management
Big Four firm EY has announced an alliance with Planon, a provider of integrated workplace management systems (IWMS).
22 July 2022
EY promotes record 1,033 to partner
EY promoted a record 1,033 team members to partner across its global operations, effective July 1, 2022.
13 July 2022
SEC slams EY with record $100-million fine for cheating on CPA exams
The US Securities and Exchange Commission (SEC) last Tuesday fined EY US $100 million for cheating by its audit professionals on CPA exams and for withholding evidence of misconduct from the watchdog’s
05 July 2022
EY explores splitting audit and consulting businesses
EY Global is considering a worldwide split of its audit and consulting businesses, in what would be the largest shakeup of the Big Four accountancies since the collapse of Arthur Andersen approximate
31 May 2022
EY promotes Marcelo Bartholo to US East region vice chair
EY US has promoted Marcelo Bartholo, a more than 20-year veteran of the Big Four firm, to US East region vice chair. The Philadelphia-based leader officially took on the role on April 1, 2022.
25 April 2022
Julie Boland succeeds Kelly Grier as EY US and Americas head
Julie Boland has been elected as EY US chair and managing partner and appointed as Americas area managing partner, effective July 1, 2022.
23 February 2022
Mitch Berlin named vice chair of EY Americas strategy and transactions
Mitch Berlin has been promoted to EY Americas strategy and transactions vice chair.
18 January 2022
EY aims to expand its ServiceNow practice to $1 billion business
EY US has announced an expansion of its strategic relationship with digital workflow provider ServiceNow, with plans to grow its ServiceNow practice to $1 billion by 2025.
17 December 2021
EY trials direct blockchain booking with American Airlines
Big Four firm EY is trialing a new blockchain platform that allows corporate buyers to book directly with American Airlines, according to a report by travel industry publication Skift.
29 November 2021
Chris Smyth appointed as EY Americas private equity leader
Chris Smyth has been named leader of the private equity segment in the Americas region. He is based in Chicago.
19 October 2021
EY teams up with NYC to offer pro bono advice to Black businesses
Consulting firm EY has partnered with New York City on the municipality’s “Black Entrepreneurs (BE) NYC Access: Consulting” program.
30 August 2021
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