I’ve heard rumblings of EY making moves to convert to a C Corp, in the same way that BDO did in 2023. Is there any truth to this? Theresa a bunch of internal reorgs happening, but they won’t tell us peons.

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I'm sure they are looking into it - doesn't mean it will happen though. Many of their partners are likely still hoping for the big payouts they would have received from Project Everest.

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By internal reorgs do you mean the service line / region shake ups?

I just don’t see EY successfully pulling the C Corp switch off. Would it only be EY US? Wouldn’t the partnership as a whole have to vote for it (which is what killed Everest)?

I get a C Corp would allow a select group of people (instead of the partnership) to make faster decisions, but that usurps power from the majority of partners in the have not group.

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