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EY global chair says partners have ‘right to vote’ on spin-off plan

EY's global chair says partners have the right to vote on the split plan. Tensions rise as US boss calls for a pause in push to split the business.

EY global chair says partners have ‘right to vote’ on spin-off plan
  • EY global chair tells partners they have the right to vote on the plan to split the firm.
  • US boss calls for a pause in push to split the business.
  • Tensions rise between global network and US leadership.
  • Plan to split, known as Project Everest, was agreed in principle last September.
  • Objections in the US focus on whether audit side of business would be strong enough after the split.
EY global chair says partners have ‘right to vote’ on spin-off plan
Appeal to partners comes after US boss calls for a pause in push to split the business
Financial TimesStephen Foley

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