Congratulations Tim Flynn

I remember Tim Flynn as Vice Chair for HR when I started at KPMG in 1993. I remember him as one of the good guys… He’s also the guy the WSJ credits with saving the firm from ruin in the tax shelter case. He’s got his work cut out for him. Best wishes…

KPMG International Names New Chairman
“KPMG LLP Chairman and Chief Executive Timothy P. Flynn has been elected chairman of Swiss cooperative KPMG International for a four-year term, succeeding Sir Michael Rake, the accounting firm said Wednesday.

Rake is retiring from KPMG and will become the next chairman of British telecommunications company BT Group plc.

Flynn, 50, will oversee the KPMG network of professional firms operating in 148 countries. He will continue to serve as chairman and CEO of KPMG LLP, the U.S. audit, tax and advisory firm. His term as chairman of KPMG International begins Oct. 1.

Flynn, a 28-year veteran of KPMG, was elected to head the U.S. firm in 2005 and is serving a five-year term.

Previously, he served as vice chair, audit & risk advisory services, for KPMG LLP. He has also served as a global managing partner for KPMG International, where he chaired the global audit steering group.”

Timothy P. Flynn: Biography
Timothy P. Flynn was elected Chairman and Chief Executive of KPMG LLP, the Big Four public accounting firm that provides audit, tax, and advisory services, in June 2005. KPMG LLP is the U.S. member firm of KPMG International. KPMG International’s member firms have more than 100,000 professionals in 144 countries.

A 28-year veteran of the firm, Tim started his career in KPMG’s Minneapolis office in 1979. He has held a number of key leadership positions throughout the firm, providing him with a unique perspective on the issues facing major companies and the evolving business environment. Tim most recently served as Vice Chair, Audit & Risk Advisory Services, for KPMG LLP, with operating responsibility for the Audit practice, as well as the Risk Advisory and Financial Advisory Services practices. Prior to that, he served as Vice Chair, Human Resources.

He has also served as Global Managing Partner – Audit for KPMG International. In that role, he chaired the Global Audit Steering Group, and was a member of KPMG International’s international executive team.

As Chairman, Tim is dedicated to professional excellence and to creating a values-driven culture that helps fulfill KPMG’s “Promise of Professionalism” to its people, clients, and the capital markets. Tim is a board member as well as treasurer of the Partnership for New York City and is also a member of the Carnegie Hall Board of Trustees. Tim serves on the boards of trustees of the Financial Accounting Foundation and the University of St. Thomas. He is a member of the Committee to Encourage Corporate Philanthropy and the Business Roundtable. Tim holds a bachelor’s degree in accounting from The University of St. Thomas, St. Paul, Minnesota.