Register to get free articles
Want unlimited access? View Plans
Already have an account? Sign in
KPMG UK could face an early leadership election as current chair and chief executive Jon Holt has been tipped as a frontrunner to lead the firm’s global business next year, according to Sky News.
Holt, who is serving a second term as chief executive of KPMG in the UK, is said to be “highly likely” to stand for the global chair role currently occupied by Bill Thomas.
It is understood that an election to that job is expected to kick off next spring, with the successful candidate taking over in October.
Holt is widely viewed internally as the likeliest candidate to win the race to head KPMG International, although one source cautioned that he could still choose not to stand.
His second term running KPMG’s UK and Swiss businesses – which merged last year – is due to expire in September 2029.
Insiders at the firm are now beginning to speculate on potential successors to run the British arm, which ranks among the biggest professional services jobs in the country.
In a statement, a KPMG International spokesman told Sky News: “Bill Thomas’s term as KPMG International chairman and CEO runs to 30 September 2026.
“KPMG International has a process for electing a new chairman and we expect to announce succession plans in the first quarter of 2026.”
KPMG UK has declined to comment.
