KPMG's new CEO joined as an intern 33 years ago. Now he wants to lure Gen Z back with a new office outfitted with moody lounges and a barista bar | Fortune
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KPMG's new CEO joined as an intern 33 years ago. Now he wants to lure Gen Z back with a new office outfitted with moody lounges and a barista bar | Fortune
"When Timothy Walsh walked into KPMG for the first time 33 years ago, he was handed a stack of loan files and sent straight to a copy machine. The new intern spent his first week feeding paper into the copier at a New Jersey bank, the monotonous work that now seems worlds away from the gleaming glass headquarters he leads today."
""It's funny," Walsh said in an interview with Fortune. "I stood at that copy machine all week making copies of loan files for audit evidence. When I look at what our people do today - and the kind of skills they bring - it's completely transformed." That transformation is both personal and symbolic. Walsh, who took over as KPMG's U.S. chair and CEO in July, began as an intern and climbed every rung of the firm's hierarchy."
Timothy Walsh began as an intern copying loan files at a New Jersey bank 33 years ago and now serves as KPMG's U.S. chair and CEO. Walsh emphasizes the importance of internships and hiring younger people. KPMG is redefining entry-level roles by training new hires to manage teams of AI agents that perform data analysis and research. Delegating grunt work to automated assistants frees juniors to focus on advanced, strategic decisions. The firm is investing in a modern Manhattan headquarters with war-mapping strategy rooms, skyline lounges, and client "MTV-style" confession rooms to modernize the workplace and attract talent.
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