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PwC's former acting CEO Kristin Stubbins resigns

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The news: Kristin Stubbins, who was appointed acting chief executive at PwC Australia as it faced backlash over the tax leaks scandal, has announced her resignation from the big four consulting firm.

The numbers: Stubbins has worked at PwC for more than 30 years. She led the firm for three months during a period of intense public scrutiny in the aftermath the tax scandal. Her last day with the firm will be 31 January, 2024.

The context: Stubbins became acting chief executive in May after Tom Seymour stepped down after admitting to receiving emails related to confidential tax reform information received by PwC's former head of international tax, Peter-John Collins.

What they said: "The last 6 months have been very challenging but I am proud I had the courage to make the decisions that needed to be made including holding people accountable for their actions, protecting people who needed protection, deciding to sell the government consulting business to protect jobs and embarking on the Dr Switkowski review to help PwC Australia understand how it needs to change," Stubbins said in a LinkedIn post.

The source: LinkedIn post


By Adrian Black