KPMG LLP USA Appoints David Turner, Ex SVP Thomson Reuters as CFO

KPMG LLP, the audit, tax and advisory firm, the U.S. member firm of KPMG International Cooperative (“KPMG International.”) today appointed David HW Turner as Chief Financial Officer (CFO), effective August 1, 2012 succeeding Larry Laughman, who retires after 35 years with the firm.

Turner comes to KPMG from Thomson Reuters, where he was Executive Vice President, before which he served as the CFO and Co-Chair of the Operating Committee for Thomson Reuters Markets division from 2008 to 2011. There, Turner managed the integration of Thomson and Reuters, in addition to leading the finance, business development and strategy organizations. Prior to the acquisition of Reuters in 2007, as SVP of Finance for the Thomson Corporation, Turner was responsible for corporate accounting, reporting, control and compliance, as well as leading significant profit improvement and cost reduction initiatives across the company.

Turner will have a key leadership role at KPMG, advising the firm’s senior management on the firm’s investment and business growth and leading the professional, technical and administrative staff across KPMG Finance and Accounting to provide leading edge financial reporting, planning, accounting, taxes, and systems. He will also oversee Operations Services, Procurement, and Real Estate.

“David is a proven leader with a consistent track record of driving business and financial operations, and building organic and inorganic revenue growth while simultaneously driving significant margin improvement,” said John Veihmeyer, Chairman and CEO of KPMG LLP.

Welcoming Turner, Henry Keizer, deputy chairman and chief operating officer of KPMG LLP, said, “David has strong experience leading integration and business transformation in a diverse global organization.”

Turner is a member of the Institute of Chartered Accountants of England and Wales, and earned a BsC (Hons) Economics, St Andrews University, Scotland. He is an active board member and community volunteer for several prestigious charities and educational institutes.