Jul 28, 2026 – 8.00pmKPMG’s chair-in-waiting Michael Ebeid is facing renewed pressure to resign before he even officially gets the job after a newly released document revealed the extent of power he and other KPMG directors had over the initial botched investigation into misconduct in its audit division.Independent director Jane Hemstritch, deputy chair Carmel Mortell, and senior executives such as general counsel Louise Capon and executive director James McClelland are also in the sights of disgruntled partners who want more accountability for the crisis currently engulfing the firm.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
KPMG directors failed to use ‘unrestricted’ powers to probe claims
KPMG’s chair-in-waiting Michael Ebeid and other directors were given “full and unrestricted access” to probe misconduct claims. They failed to use the powers.
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