BDO announced its decision to remain independent of equity investments, plans to accelerate consolidation of member firms and global leadership changes.
"Choosing independence is a conscious decision made from a position of strength," BDO global CEO Pat Kramer said in a statement. "This approach ensures that we remain in control of our destiny while continuing to build a future-proof organization. This is just one part of the journey. Consolidation among member firms and aligning operations across borders will strengthen our global reach, enhance quality, and deliver greater value for our clients and our people worldwide."
The Top 10 Firm also announced several senior leadership changes, including the appointment of Trond-Morten Lindberg as incoming global CEO. Lindberg currently serves as chief strategy and operations officer, and will succeed Kramer in the role.
Lindberg said in a statement: "I am immensely proud to take on this role at an important juncture for BDO and our industry. I look forward to continuing to work with Pat and all our leaders globally, as we focus on the next phase of our growth and securing a strong and sustainable future for our organization."
Tony Schiffman, chief executive partner of BDO Australia, will succeed
