Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
KPMG LLP history
KPMG LLP company history timeline
In late 1990 the partnership elected a new chairman, Jon C. Madonna, and KPMG Peat Marwick began to implement changes to improve its profitability.
In February 1991, the company announced that 265 partners, or one in seven, would be laid off from the firm in a streamlining effort.
In March 1992, KPMG began to reorganize its operations under the aegis of a Future Directions Committee.
In September 1993, as growth in the company's targeted industries remained sluggish, KPMG Peat Marwick launched an advertising campaign for the first time.
Fiscal 1996 was the third year of revenue growth for KPMG Peat Marwick, a welcome relief after five years of little growth.
In October 1997, KPMG and Ernst & Young announced that they were to merge.
In 1997 KPMG and Ernst & Young announced that they were to merge.
In late 1997 KPMG's Canadian arm announced plans to merge with accounting firm Ernst & Young.
In August 1998 the United States arm announced plans to sell its compensation consulting practice to human resources consulting firm William M. Mercer, Inc.
The deal, which fell through in early 1998, would have created the largest accounting and consulting firm in the world.
In March 1999 KPMG restructured its operations to create global operating regions.
In May 1999 the firm expanded its consulting business by acquiring Softline Consulting & Integrators, Inc., a firm based in San Jose, California.
1999: KPMG Peat Marwick shortens its name to KPMG LLP, a branch of KPMG International.
KPMG’s member firms in the United Kingdom, Germany, Switzerland and Liechtenstein merged to form KPMG Europe LLP in October 2007.
In early 2009, BearingPoint filed for Chapter 11 bankruptcy protection.
KPMG 2020 CEO Outlook: COVID-19 special edition Executive summary
In 2020, KPMG International Limited was incorporated in London, England.
In February 2021, KPMG UK appointed its first female leaders, replacing Bill Michael, who stepped aside after making controversial comments.
In November 2021, KPMG UK was reported as having revised its partnership process to introduce five levels of partnership which required partners to inject capital at levels starting at £150,000 and going up to £500,000.
In February 2022, KPMG Canada announced they had added Bitcoin and Ethereum cryptoassets to their corporate treasury.
Rate KPMG LLP's efforts to communicate its history to employees.
KPMG LLP jobs
Do you work at KPMG LLP?
Is KPMG LLP's vision a big part of strategic planning?
KPMG LLP competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Pwc | 1849 | $45.1B | 295,000 | 17,866 |
| Ernst & Young | 1849 | $40.0B | 312,250 | 16,572 |
| Deloitte | 1845 | $50.2B | 334,800 | 24,577 |
| The Siegfried Group | 1988 | - | 751 | 35 |
| A.T. Kearney | 1926 | $1.3B | 3,500 | 54 |
| McKinsey & Company Inc | 1926 | $10.5B | 30,000 | 488 |
| Deloitte Financial Advisory Services LLP | - | $64.0M | 150 | - |
| Crowe | 1915 | $4.4B | 42,000 | 205 |
| Dixon Hughes Goodman | 1932 | $338.0M | 2,001 | - |
| American Operations | 1983 | $37.5M | 200 | 4 |
KPMG LLP history FAQs
Zippia gives an in-depth look into the details of KPMG LLP, including salaries, political affiliations, employee data, and more, in order to inform job seekers about KPMG LLP. The employee data is based on information from people who have self-reported their past or current employments at KPMG LLP. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by KPMG LLP. The data presented on this page does not represent the view of KPMG LLP and its employees or that of Zippia.
KPMG LLP may also be known as or be related to KPMG, KPMG Australia Pty Ltd., KPMG International Cooperative, KPMG International Limited, KPMG LLP, KPMG US and Kpmg.