Back about seven or eight years ago, there was no bigger rivalry among the Big 4 than PwC vs. KPMG. The House of Klynveld was constantly trying to steal P. Dubs’ audit clients and KPMG pretty much became PwC’s personal farm system for partners and directors. Between 2011 and 2013, there were at least nine times Caleb wrote about PwC poaching KPMG partners or directors.
In the years that followed, we kinda stopped paying attention to the rivalry (probably because it was so one-sided). But KPMG might be trying to rekindle it.
We told you guys yesterday about the three former EY senior tax pros KPMG recently hired. Well, KPMG also recently hired two former PwCers.
While not technically press releases, here are the announcements that KPMG sent out regarding its two new Klynveldians (h/t Tax Grotto).
First is Aaron Shafer:
Aaron Shafer joins KPMG’s State and Local Tax (SALT) practice as a managing director based in New York. He has over 20 years of SALT compliance experience.
Shafer worked as a director at PwC for nearly 10 years before landing at KPMG, according to his LinkedIn profile.
Besides SALT, AS says his specialties are “audit defense for hedge funds, private equity, credit funds, alt funds and other fund structures, management companies and principals.”
The other PwCer-turned-KPMGer is George Hayes:
George Hayes joins KPMG as a partner in its Tax Asset Management practice in San Francisco. He joins from another Big Four firm, where he was a member of its New York Real Estate Tax practice for a decade.
Not only is Hayes a CPA, but he’s also an enrolled agent, a Canadian Chartered Accountant, and a Chartered Professional Accountant, according to his LinkedIn profile.
He spent roughly nine years at PwC, starting as a real estate tax associate after graduating from Simon Fraser University, then climbing up to real estate tax senior associate, then to real estate tax manager, then to real estate tax director.
Your move, PwC.
A List of Senior Tax Hires By KPMG USA [Tax Grotto]