By Rob Starr, Big4.com, Content Manager
Stephanie Schnabel recently joined KPMG as head of corporate development. She worked previously as managing director of corporate development at Accenture and received her education at Princeton University ( Bachelor of Arts in economics) and her Master of Business Administration in finance and multinational management from The Wharton School at the University of Pennsylvania.
What attracted you to working with KPMG?
What impressed me most was the integrity and collective sense of purpose that each of our partners and professionals share. The culture is dynamic, inclusive and collaborative.
KPMG has been very active in pursuing inorganic growth, and there was a natural synergy
between my experience in M&A, consulting and executing a broad range of transactions. Ultimately, it’s the people that make KPMG the firm it is and why it has experienced such tremendous growth over the past year.
What skills/experiences are you bringing from your past?
I spent 13 years with Accenture, and led their corporate development efforts globally since 2005. I have worked with a broad range of services and technology businesses while at Accenture and in my prior experiences in private equity and consulting. I believe that these experiences have enhanced my ability to help businesses overcome the challenges that come with developing and executing effective inorganic strategies, while managing capital deployment and risk protection and achieving profitable growth .
How important are the leadership opportunities for women that KPMG champions?
KPMG is a firm where women have exciting opportunities to advance their careers and take on leadership roles. Our firm has among the highest percentage of female partners among the Big Four, with one-quarter of the firm’s Board of Directors comprised of women and our vice chair of advisory, Lynne Doughtie, is currently the only woman leading the U.S. advisory and consulting practice at a Big Four firm.
KPMG has been recognized for many years as a leader in diversity, and particularly in the advancement and development of women. Building a diverse and inclusive workforce is a strategic priority that gives KPMG the talent, range of perspectives, and innovative ideas we need to serve clients and compete in today’s marketplace.
What’s in the future for corporate development at KPMG?
KPMG is continuing its strategic and aggressive growth plan. We completed eight acquisitions and talent additions in the US in FY 14 and a total of fifteen transactions worldwide. There are many targets that align with our strategic plan, and I anticipate the firm will consider and close larger scale and more cross border opportunities based on current and emerging client needs.