- The promotions demonstrate EY’s commitment to developing leaders for the future and investing in the skills required to help clients navigate change
- 43% of the partners are women, on track to meet partner gender targets
EY Oceania CEO and Regional Managing Partner Tony Johnson, together with his successor CEO and Regional Managing Partner Elect David Larocca today welcomed the announcement of 40 new promotes to the partnership effective 1 July 2021.
The newly promoted partners span a broad range of EY services, fifteen from the firm’s rapidly growing Consulting practice, ten from the market leading Assurance practice, eight from Tax and seven from the Strategy and Transactions business, fueling further growth in its’ successful Strategy consulting practice, EY Port Jackson Partners.
Forty-three percent of the new partners are female, up from 40% in 2020 – the firm is on track to achieve its goal of 35% females by 2023 and 40% by 2026 in the partnership.
These 40 newly promoted partners, are in addition to the 31 internal admit partners appointed effective 1 October 2020 when EY was the only major firm to promote partners during the height of the pandemic.
During the year EY Australia also welcomed 30 highly experienced people into the partnership as lateral or direct admit partners further expanding the skills and experience of the partnership in response to market demand to help clients navigate the future.
As of 1 July 2021, the total Australian partnership will be 638, with 30% female.
Outgoing Oceania Managing Partner and CEO Tony Johnson said “I am pleased to announce the promotion of 40 new partners, building on the appointment of 31 new partners last October. All are brilliant people, with great values who will make a significant contribution to the firm and our clients over many years to come.”
“Representing our strong commitment to maintaining our position as a multidisciplinary firm, our new colleagues joining the Partnership demonstrate the breadth of services we offer our clients – consulting, strategy, transactions, assurance and tax services.”
“I am proud of the progress we continue to make to build a more diverse partnership and inclusive firm. There is more work to be done but we have a strong foundation and great momentum.
“I am incredibly proud of the efforts of our Partners and people who have continued to focus and deliver exceptional service to our clients in challenging times and different ways. Their dedication to our clients and each other has put the firm in a strong position to thrive and deliver on our purpose to Build a Better Working World, notwithstanding the ongoing uncertainty,” Mr Johnson concluded.
CEO and Regional Managing Partner Elect, David Larocca said “I am proud to join Tony in welcoming the announcement of our new partners. Our ability to continue to promote market-leading talent to the EY Partnership over the last 12 months is a resounding testament to the strong brand EY has as a leading distinctive and trusted professional services firm.“
“Personally, I am proud of the firm’s ability to continue efforts to bring greater diversity to the EY partnership and today represents another step forward on this ongoing journey. As I step into the role of CEO, I look forward to building on the progress made in recent years on this important task.”
“Our people are our greatest asset as a firm and I look forward to working with each and every one of them as we help our clients navigate their way through the extraordinary change that we are seeing as our part of the world starts to emerge from the COVID 19 pandemic ,” Mr Larocca concluded.
Melanie Kent, Ernst & Young
+63 407 052 670
Notes to editors
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