EY Creates Single, Worldwide Firm

This week from London, Ernst & Young announced their new firm strategy to integrate 60 countries and their practices into 10, new geographically based areas.

The intent is to bring the organization to the global arena by consolidating functions, form a new management team and not be restricted to geographical borders. The 10 areas include the Americas, Australia, the Far East, France, Germany, Italy, the Netherlands, the Nordic region, Switzerland and the United Kingdom.

The new management team is comprised of a chairman, deputy chairman (also chairman-elect) and four global managing partners covering markets, infrastructure, practice integration and human resources.