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TIL: Bob Moritz Was Reappointed PwC Global Chairman … In February

Posted on by Jason Bramwell

Seriously, I had no idea until tonight when I saw the news release, dated Feb. 24, 2020, posted on PwC’s global website. This never hit our inbox and I can’t find anything else written about this online. Nothing.

Poor Bob. They couldn’t even squeeze out a brief mention on PwC US’s website? You know, the place where he spent seven years as chairman and senior partner before leading the world’s PwC? Other than the unceremonious PR Newswire announcement of Joe Ucuzoglu being elected CEO of Deloitte in March 2019, this has to be the most unspectacular, low-key announcement of a Big 4 global chairman keeping his gig that we’ve ever seen.

Here’s all the ink PwC devoted to BoMo’s reappointment in February:

PwC announced today that Bob Moritz has been reappointed for a second term as Chairman of the PricewaterhouseCoopers Network.

His four-year term, which has been ratified by PwC’s network of member firms worldwide, will begin on July 1, 2020.

In announcing the reappointment, Paul Kepple, the PwC Network Governance Board Chairman, said, “Bob has led the PwC Network with a strong sense of purpose and a clear focus on serving the needs of our people, our stakeholders and society at large. I am delighted at the decision to reappoint Bob for a second term and look forward to working with him over the next four years.”

Bob Moritz, whose first term as PwC’s Global Chairman began on July 1, 2016, previously served as the Chairman and Senior Partner of PwC US beginning in 2009. He also served as the US Assurance leader in addition to a variety of leadership and client service roles during his 35 year career with PwC.

“Serving as the Chairman of the PwC Network is a tremendous honor and I look forward to working with our member firms and my colleagues around the world over the next four years,” said Bob Moritz. “While the world is changing and PwC changes and develops to continue to meet the evolving needs of our stakeholders, our clear focus remains on providing high quality services to our clients and development opportunities for our people and on making a positive impact on the communities in which we live and work.”

At least Adrienne gets to swoon over her public accounting crush for another four years.

[PwC]

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What Do Libya and KPMG Have in Common?

That was the question posed to us by our tipster. The answer: more and more defections. The latest is James Draper, per an internal email sent to us this morning.

Welcome new Risk Assurance Principal James Draper

The ranks of Risk Assurance continue to grow with the addition of accomplished professionals. These catalyst and experienced hires are helping us to evolve our services, and impress the marketplace with the expertise in which we deliver them. James Draper is our newest edition, joining us as a principle [sic, Jimbo is now a PwC “pal”] in our San Francisco office.

Jamie’s focus will be on helping to grow our IT&PA/ERP Controls services, particularly in the areas of SAP and JD Edwards. He joins us from KPMG where he has logged over 15 years experience assisting clients with technology risks. Instrumental in helping clients implement controls and security, Jamie has effectively managed the risks associated with large system implementations. In fact, he has assisted a number of global companies across a variety of industries through complex implementations, among them: Chevron, eBay, Nestle, Rolls-Royce (Aerospace) and Dolby. Jamie will help us to help our clients become more efficient in their control processes, leveraging system functionality including SAP’s Governance Risk & Compliance (GRC) module.

[The part where they talk about his personal life]

Please join me in welcoming Jamie to our firm, and to Risk Assurance.

If history is any indicator we’ll see a press release from PwC at some point but in the meantime, reactions to the latest KPMG turncoat are welcome at this time.

More competitive poaching:
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Did Someone Really Steal Mitt Romney’s Tax Returns From PwC’s Franklin, Tennessee Office?

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Will a Former PwC Employee’s Superhero Aspirations Lead to Trouble?

As we’ve discussed, some farewell emails can be morbidly melodramatic while others are a bitter “good riddance” that makes you pity the poor bastards that will hear your former colleague’s cynical musings.

The latest Big 4 sendoff comes courtesy of PwC and we only share it with you because, well, we don’t know what to make of our hero’s crime fighting dreams.

Friends,

It is with a great mixture of emotions that I leave the firm today. As many of you know, I never imagined myself as a mild-mannered accountant. I always thought that there was a greater destiny out there for me, a tale of wonder and adventure, a story mostr careful consideration and consultation with my closest companions, I’ve decided to leave PwC in order to become a costumed vigilante of the night.

It wasn’t an easy decision; declaring war on crime never is. There will be some hard nights ahead of me as I craft the tools necessary to take back this city. Intense martial arts training and an iron-clad will might not be enough, but it’s all we got. Where evil lurks in the hearts of men, where innocents are lost and forgotten, where citizens call out for a savior, I will be there. Rest easy, Baltimore, your avenging knight has arrived.

I am vengeance. I am the night. I. AM. BATMAN.

[Bruce Wayne]
[brucewayne]@gmail.com

P.S. Could everyone do me a solid and keep my new secret identity to themselves? It’ll make avenging the weak a lot easier if super-villains aren’t bugging me at my new job all the time. Thanks.

Okaaay, so lots to discuss here. For starters, the lack of originality is dreadful. Batman is TAKEN you DOLT. Secondly, Batman is a scientist; you’ve got an accounting degree. Unless you’ve been whipping out a engineering/chemistry/physics set in your cubicle testing gadgets, we’re pretty sure a cap gun will be more effective than anything you’ll be strapped with. Thirdly, this is BALTIMORE we’re talking about. We’ve only spent a little bit of time there but if The Wire is as realistic as its creators say it is, this dude will last all of two seconds. Now, it’s possible that this could be a comic nerd trying to give his friends a laugh on his way out the door but what if we are dealing with another Phoenix Jones?

So if our hero is serious, we’re guessing you can count on a future report from the local Baltimore news detailing the injuries suffered by the masked avenger/former accountant.