Jul 1, 2026 – 6.30pmKPMG’s board has settled on ex-SBS boss Michael Ebeid as its inaugural independent chairman despite his involvement in aspects of the botched response to the firm’s audit leaks scandal.Ebeid’s most pressing task will be to fill the permanent chief executive officer spot vacated by Andrew Yates, with the firm’s current decimated leadership settling on chief financial officer John Sams and head of tax and legal Ben Travers as the frontrunners.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
KPMG picks ex-SBS boss as chair, mulls 20pc partner pay cut
The firm is considering cutting partners’ pay packets for the 2026 financial year by as much as 20 per cent as the audit leaks scandal eats into its bottom line.









