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Gary Wingrove opens his KPMG tenure with a plan to bind its separate firms closer together

Gary Wingrove became KPMG's global chairman and CEO on October 1, taking charge of more than 276,000 staff in legally separate member firms. His task is to move those firms together on AI, a growth bet that is also automating the junior work that feeds the partner pipeline.

The Board Room · Leadership desk

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Photograph accompanying Gary Wingrove opens his KPMG tenure with a plan to bind its separate firms closer together
Photo: businessinsider.com

What happened

  • Wingrove succeeds Bill Thomas, who led KPMG for eight years, after a career at the firm that began in 2000 and included running KPMG Australia.
  • In a video on his first day he announced Connected 2030, a strategy to make KPMG a "more connected, agile and innovative global organization."
  • Rivals are restructuring: EY has merged 18 regions into 10 superregions, and PwC US plans to fold its India offshoring centre into PwC India.

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Why it matters

  • cost KPMG has to raise its AI spending at a time when AI is squeezing the time-based fees that pay for that spending.
  • decision KPMG has to decide how to train juniors once automation takes the research work they learned on, knowing a smaller intake now means fewer partners later.
  • precedent EY's and PwC's structural consolidations set the benchmark Connected 2030 will be measured against once its details are published.

A Big Four global chair is chosen by internal election and leads a network of legally separate firms [6][5]. Business Insider notes that this makes the role different from that of a typical corporate chief executive [5]. Candidates spend decades building the trust and personal networks needed to win that vote [6]. Wingrove came up the usual way. He joined KPMG in 2000, ran KPMG Australia from 2013 to 2021 and was most recently international COO [3].

The firms are kept separate for a reason. In audit, member firms have to meet local regulations and independence requirements [21]. Global clients want the opposite: cross-border coordination and shared specialist capabilities and technology [22]. Rivals have answered with structure. EY's global CEO, Janet Truncale, merged 18 geographical regions into 10 superregions [24]. PwC US said in September it plans to merge its India offshoring centre with PwC's Indian branch [23]. Wingrove's first move is a strategy, Connected 2030 [25]. Business Insider's account does not set out targets or structural changes under the plan, and KPMG did not respond to its request for comment [7].

The 2025 results show where KPMG's growth came from. Revenue rose 5.1% to $39.8 billion [15]. That was slightly faster than PwC and EY, though KPMG is still the smallest of the four [14]. Audit grew 6%. Tax grew 7.5%, against about 5.5% at EY and Deloitte and 1% at PwC [16]. Advisory grew 2.9%, slower than at its competitors [17], and 4.6 percentage points behind tax [26]. Whatever AI work KPMG's consultants won in 2025, advisory still grew more slowly than both audit and tax [27].

A skeptic would say demand will close that gap. Emma Carroll, a consultant at Source Global Research, told Business Insider: "There's no shortage of demand. Two-thirds of organizations expect their use of external support to grow in the next 12-18 months; no one expects it to shrink." [20] Pricing is the other half. Carroll said economic uncertainty is pushing down on prices just as firms need to spend more on technology, especially AI [19]. AI is also squeezing the time-based fees the industry has long depended on [18].

The same technology is a staffing problem. The Big Four call themselves "client zero" for AI, so changes to the wider workforce probably reach them first [9]. "In consulting, AI is already reducing the value of some of the more junior, research-heavy and analytical work that has traditionally supported the pyramid," said James Ransome, a partner and consulting lead at executive-search firm Patrick Morgan [11]. Ransome said the answer will mean rethinking team structures and how junior talent is developed [12]. The trade-off plays out over years. A firm can bank the saving from automated junior work this year. The bill comes later, as a thinner pool of future managers and partners, and Wingrove is under pressure to protect that pipeline [10]. When his appointment was announced in March, he said he would aim to create an environment where KPMG employees could thrive [8].

The network structure also governs how AI gets built. KPMG's US arm has created a Client Technology & Innovation group to build products and services around AI, and says the group will work at the pace of Silicon Valley [13]. A product built in one member firm still has to be adopted by the other legally separate firms [5]. Wingrove is under pressure to make all of KPMG's firms innovate quickly and cohesively [10]. He now speaks for more than 276,000 employees across those firms [4].

What to watch

  • Whether Connected 2030 includes structural mergers of KPMG member firms on the scale of EY's move to 10 superregions.
  • Whether KPMG's advisory growth closes the gap with audit and tax in its next full-year results.
  • Whether other KPMG member firms adopt products from the US Client Technology & Innovation group or build their own.
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