After four years at the helm EY’s UK boss Hywel Ball has announced he is to step down from the top job.
Ball has led the accountancy firm since 2020, but in a recent email told fellow partners he felt the time was right to “hand on the baton”. He could have stayed until June 2025.
The 61-year-old had been a big supporter of the move to split the firm – ‘Project Everest’, and Ball is leaving at around the same time as global chief Carmine Di Sibio. Ball will be leaving behind his salary of £3.6m.
EY’s 930 equity partners will now be consulted on who they think should succeed him. In is understood that Ball’s jobs of chair and senior partner will also be split, something the Financial Reporting Council has been calling for.
