New EY Chief Leans on Rivals to Unify Firm Post-Failed Split (1)

Ernst & Young’s incoming global CEO Janet Truncale has made room for a trio of rivals on her executive team as she steers the Big Four auditing and consulting giant, which is still healing from the trauma of its collapsed restructuring deal a year ago.

Her initial round of leadership picks, hailing from financial services and the lucrative Asia market, signal her priorities for EY’s $49 billion global business. By creating a larger and more diverse team of managing partners, Truncale also shows she recognizes an overriding mission: reassuring staff, clients and the broader marketplace that a unified EY is ...