KPMG, an audit, tax and advisory firm, has appointed David Turner to the post of chief financial officer (CFO), effective 1 August. He will succeed Larry Laughman, who is retiring after 35 years with the firm.
Turner will advise KPMG’s senior leadership on all aspects of the firm’s investment and business growth as well as leading a team of professional, technical and administrative staff across KPMG finance and accounting to provide leading edge financial reporting, planning, accounting, taxes, and systems. He will also oversee operations services, procurement and real estate.
Prior to joining KPMG, Turner spent the majority of his career at global information and technology company, Thomson Reuters, and its predecessor companies, Thomson Corporation and Reuters. Most recently, he served as executive vice president (EVP), before which he served as the CFO and co-chair of the operating committee for Thomson Reuters markets division from 2008 to 2011. In this role, he had direct responsibility for managing the integration of Thomson and Reuters, in addition to managing the finance, business development and strategy organisations.
Prior to the acquisition of Reuters in 2007, as SVP of finance for the Thomson Corporation, Turner was responsible for corporate accounting, reporting, control and compliance, as well as leading significant profit improvement and cost reduction initiatives across the company.
Turner is a member of the Institute of Chartered Accountants of England and Wales (ICAEW), and earned a BsC (Hons) Economics, St Andrews University, Scotland. He is an active board member and community volunteer, including positions such as the board of visitors at Wake Forest University Schools of Business, Winston-Salem, NC; board of trustees for the Intrepid Museum Foundation, New York City, NY; board member for the United Way, New York City, NY; board of trustees for the Fisher Center for Alzheimer’s Research, New York City, NY; and board member, Community Centers, Greenwich, CT.
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