PwC’s partners and principals in the U.S. and Mexico have picked a successor to Tim Ryan as senior partner of the Big Four firm, and that person is Paul Griggs.
Griggs (pictured, left), who has worked at PwC for nearly 30 years and currently serves on the US leadership team as vice chair of US markets, will begin his four-year term as senior partner on July 1.
“I’m grateful to my fellow partners for selecting me to lead the firm into our next chapter of growth,” he said in a statement. “We are in an era of reinvention, with many companies looking to transform their businesses through data, AI, and other advancing technologies while also building greater trust with stakeholders and upholding the integrity of the capital markets. Our purpose and strategy get at the heart of these goals. Alongside our incredible team of 75,000 partners and people, I look forward to building on the firm’s foundation of success to serve our clients in new ways and deliver on our purpose.”
In his current role, Griggs oversees the strategy and execution of the commercial, people, community and quality efforts across more than 90 PwC US offices.
A news release states:
Having served as a lead client partner for some of the firm’s largest clients, he has advised companies through significant global change—including business model reinvention, public offerings, acquisitions, and divestitures—driving trust within the capital markets. Griggs also co-leads My+, the firm’s people strategy that empowers PwC’s 75,000 people to develop and grow their careers, including upskilling the entire workforce on generative AI.
Prior to leading US markets, he served as the Banking & Capital Markets leader; managing partner for the New York Metro region, PwC’s largest office and geography; and Financial Services Assurance leader in the Carolinas.
Griggs’ predecessor, Tim Ryan (pictured, left), has been PwC US’s senior partner since 2016. He was thought to be the frontrunner to replace Bob Moritz as the Big Four firm’s global chair, but Ryan took his name out of the running last October and decided to retire once his current four-year term expires on June 30. Mohamed Kande, PwC’s global advisory leader and co-leader of US consulting solutions, will succeed the retiring Moritz as global chair on July 1.
“I’ve had the privilege of serving alongside Paul on our US leadership team since 2021. Paul is a client and people-focused leader with a track record of delivering results and developing future leaders,” Ryan said in a post on LinkedIn on Monday. “Being the senior partner of PwC US for the past seven-plus years has been one of my greatest honors, and now it is my privilege to work with Paul over the next few months as we continue to do what we love best—serving our clients. I couldn’t be more excited to see all the firm will accomplish under Paul’s leadership!”
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Tags: Accounting, Firm Management
