• Accountancy

EY UK shakes up top team after split failure

The firm has cut its executive committee

told partners on 11 April that it was cancelling its push to break up the firm — codenamed Project Everest

AFP via Getty Images

The UK arm of EY has reshuffled its top management team in the wake of the failure of the global firm’s plan to split between audit and consulting.

The firm has cut its executive committee from 13 members to eight and eliminated the role of chief operating officer, Sky News reported, citing an internal memo.

Alison Kay — who was appointed...