EY took 3 years to fire a partner over these comments…

Blocked by paywall and cant see - what was the comment?

I’m surprised it took that long but firing anyone is complicated and a lengthy process, much less an equity partner. I don’t know why something like this from EY given the track record of the firm, would be particularly surprising

Unreal. EY let him keep his job. Only after all the bad press about that decision did he offer his resignation. So he STILL wasn’t actually fired by the firm, which means any “terminated for cause” penalties in his partnership agreement won’t impact him. All the big firms have their fair share of bad actors, but the way EY handled this was truly shameful.

Great look EY — being willing to defend sexual harassment for your upper echelons while simultaneously mistreating new hires that are just trying to establish themselves in the world

I have no specific knowledge of the situation, but due process does take time. I can't see the article, but for all I know, he disputed it and they needed the time to do the investigation to see he was guilty. I can't read because of the paywall. You can't fire someone, partner or otherwise, without an investigation.

Gross. Wonder if the outcome would have been different if he said those things to a client vs. his own team.

Google the lawsuits from a few years ago on sexual harassment . The culture is awful. It’s shockingly eye opening. https://www.cnbc.com/2018/04/18/ernst-young-partner-files-sexual-harassment-claim-against-firm.html

EY took 3 years to fire a partner over these comm...

Rising Star

8 months

Rising Star

A partner at EY who told a junior colleague that he would be “bashing [her] from behind” on a company ski trip has resigned just days after a disciplinary hearing ruled that he behaved in an “obscene and aggressive” manner.

Neil Hutt, 51, who also said “I’m going to f*** you” to the trainee during the 2019 jaunt, quit with immediate effect on Friday nearly three years after the incident took place.

EY had let Mr Hutt keep his job after he told an internal investigation that he had “taken a joke too far”. He was fined £75,000 and agreed to attend diversity training.

Earlier this week, a disciplinary panel of the Institute of Chartered Accountants in England and Wales (ICAEW) was strongly critical of his actions but Mr Hutt escaped being struck off as a chartered accountant because the ICAEW ruled that there was no risk that he would repeat the offending behaviour.

The female trainee was “shocked and disappointed” by Mr Hutt’s comments, the panel was told.

The panel was told that during lunch on one of the days of the trip, the trainee was having a conversation with a colleague during which Mr Hutt interrupted and said: “What are you doing this afternoon? Because I'm going to f*** you. And then I'm going to f*** [another colleague].”

The woman also discussed another conversation in which she said she had been “bashed” into by a snowboarder. Mr Hutt said “that’s funny, because I’ll be bashing you from behind this afternoon”, the panel was told.

The tribunal ruled that “the public interest could be protected by severely reprimanding Mr Hutt and imposing a financial penalty”. He was fined £7,000 and ordered to pay costs of almost £5,000.

Mr Hutt qualified as an accountant in 1992 and became a partner at EY in 2005. EY’s UK partners were paid a record average of £749,000 this year.

A spokesman for EY said: “We can confirm that Neil Hutt has offered his resignation from EY UK, which has been accepted and takes place with immediate effect.”