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KPMG’s UK boss Jon Holt in two-way race for global leadership

Former audit chief is early favourite in contest with international COO Gary Wingrove

KPMG’s UK boss Jon Holt and the Big Four accounting firm’s global chief operating officer Gary Wingrove are in a two-person race to lead the organisation, according to people familiar with the matter.

The $40bn-in-revenue firm is due to pick a successor to current global chief executive Bill Thomas by the end of the first quarter, at a time when it has been growing its revenues more quickly than its larger Big Four rivals Deloitte, EY and PwC.

The winning candidate will need to demonstrate a return on billions of dollars in investments in technology, including AI, and manage a tricky consolidation of the KPMG International network begun under Thomas.

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