Details

  • Type: Press release
  • Date: 5/12/2014

Chairman KPMG The Netherlands decides to step down 

KPMG the Netherlands today announces that Jurgen van Breukelen has decided to step down as Chairman of the Board of Management. The reason for this decision is to focus the attention inside and outside the company fully on the progress the company is making in the process of change KPMG is currently implementing. The Supervisory Board, in close consultation with KPMG International, will in the near future nominate a candidate to fill the position of Chairman of the Board of Management of KPMG the Netherlands and to continue the changes currently being implemented.

Jurgen van Breukelen, resigning Chairman of the Board of Management: "The interests of our clients, our employees and our firm must be our first priority. Those interests have been damaged and need to be restored. I have said from the beginning that KPMG has to make major changes. We have made a solid start on those changes, but we still have a long way to go. However, as long as the attention inside and outside our company is focused on me, rather than on the progress we are making in the process of change we are undergoing, KPMG will not be able to focus fully on its clients, its services and the turnaround we are making as an organization. This turnaround we are making at KPMG requires a clear signal that our company is breaking from the recent past of misjudgments and errors. It is then up to me as the person ultimately responsible to reinforce that signal."

 

Van Breukelen will step down as Chairman of the Board of Management of KPMG the Netherlands and will consider his future in close consultation with KPMG.

 

Erik Weusten, Chairman of the Supervisory Board of KPMG the Netherlands: "I regret Jurgen van Breukelen’s decision to resign, and I would like to thank him on KPMG’s behalf for his enormous commitment and engagement.  The recent period has been far from easy, neither for him nor for KPMG, and his decision is a testament to his courage and wisdom."

 

The Supervisory Board, in close consultation with KPMG International, will in the near future nominate a candidate for the position of Chairman of the Board of Management of KPMG the Netherlands. The new Chairman will work with the Supervisory Board on the implementation of the new governance structure of KPMG the Netherlands that should be in place by October 1st of this year.

 

For more information you can contact Eric Bouwmeester, +31 20 656 4078.