KPMG has appointed David Ellis, formerly head of Human Capital at BDO, as a partner to lead its UK Reward Practice.
David has been a partner at BDO since 2004. He is recognised for his deep technical and consulting expertise across reward, expatriate tax and employment tax: all highly relevant skill sets needed to advise corporates on effective remuneration strategies. He has a wide network of contacts in the corporate marketplace and is a frequent commentator on industry issues.
Before joining BDO, David spent eight years at Ernst and Young. Prior to that he qualified as a solicitor at Richards Butler, a city law firm.
KPMG’s UK Reward Practice specialises in advising corporates on how to most effectively pay their executives.
Mike Linter, head of People Services Tax at KPMG in the UK, commented: “We have huge ambitions for our reward practice and indeed for our people services tax practice and I fully expect that David will play a pivotal role in our pursuit of them.”
David Ellis remarked: “KPMG has clearly committed to growing its reward practice and I am very excited about the opportunity to spearhead this initiative. The macro-economic, tax and regulatory environment is creating huge demand for advice on effective, long term, remuneration strategies. The trend away from cash bonuses towards long term equity reward, the differential between income tax and capital gains tax rates and the scrutiny over executive compensation packages present major challenges for businesses in designing pay packages.”
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KPMG LLP, a UK limited liability partnership, is a subsidiary of KPMG Europe LLP and operates from 22 offices across the UK with over 11,000 partners and staff. The UK firm recorded a turnover of £1.7 billion in the year ended September 2011. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. We operate in 152 countries and have 145,000 professionals working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. KPMG International provides no client services.