KPMG names new chief executive
Accounting firm KPMG International said Tuesday that John Veihmeyer, deputy chairman of KPMG's U.S. business, will assume the role of chief executive of the U.S. firm, overseeing day-to-day operations.
Mr. Veihmeyer, 53, will also maintain his role as deputy chairman. His new role comes on the heels of an announcement that KPMG Chairman Timothy Flynn will assume the role of chairman of the company's newly formed global executive team.
Mr. Flynn, 52, will assume the role in addition to his duties as chairman of the global board, KPMG's principal governing body, and chairman of KPMG, the company's main U.S. firm.
The global executive team was recently formed to help enhance consistency across the KPMG network of firms, the company said.
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