Seymour said last week the emails did not contain breaches of confidentiality,but they did demonstrate a “cultural problem at the time”.
PwC has previously announced an internal review into the affair,and chair of the board of partners Tracey Kennair,said on Monday the firm needed to rebuild trust.
“The independent review previously announced,in addition to the changes already made,will help us meet this objective,” she said.
Stubbins,the acting CEO,said:“I am honoured to take on this role at a critical time for our firm and our 10,000 people. We are committed to learning from our mistakes,listening to our stakeholders and enhancing our culture to build stronger trust and transparency.”
The scandal has angered the federal government,which is a key client of PwC,with Treasurer Jim Chalmers saying in January he was “absolutely furious” about the affair. Last week,Chalmers said the federal government was prepared to take further action against PwC,if necessary.
“I’ve indicated to the Treasury and to the regulators if there are more steps that are necessary,I’m prepared to take them,”Chalmers said at a press conference last Thursday.
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“I consider what happened there to be completely inappropriate. I’ve said that publicly,I’ve said that privately to the company as well.”
With Colin Kruger
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