EY risks paralysis after split failure
Leaders of the major firm’s US arm torpedoed a planned split deal over the Easter weekend.
Carmine Di Sibio was derided by some colleagues as a mere “caretaker” when he was appointed as global boss of EY in 2019.
The Italian-born executive confounded expectations by attempting a once-in-a-generation break-up of the big four firm. But after months of internal arguments and delays, the deal’s collapse has pitched the firm into fresh turmoil – and thrown his legacy into doubt.
Financial Times
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