KPMG Australia COO Steps Down Amid Leak Scandal
By EC Assets · Published
KPMG Australia's chief operating officer has stepped down from her executive role. Eileen Hoggett relinquished her position on Wednesday. Her departure follows a growing audit client leak scandal. Eileen Hoggett will remain with KPMG as an audit partner. She will return to a full-time audit role. Investigations related to the scandal are pending. Ms. Hoggett's demotion follows publicly aired revelations by a whistleblower regarding auditors. Her departure represents another setback for the firm's leadership team. Chief executive Andrew Yates and audit chief Stephen Hueston resigned on Friday. KPMG has faced pressure from other members of its Asia Pacific network. This article is intended for informational purposes only. It does not constitute investment advice.
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