EY announced 675 new partners, an increase of 33 percent compared to 2013 and the highest number of promotions to partner ever at the firm.
Mark Weinberger, Global Chairman & CEO of EY, put it this way:
“I am very proud of our new member-firm partners and would like to congratulate all of them. Each of them has demonstrated great success in delivering exceptional client service, strengthening our business, building highest performing teams and helping play our role in building a better working world.
“We have many very talented people at EY and this year’s marked increase in new partner numbers reflects both the strength of the people we have coming through the ranks at EY and our confidence in the future growth of our organization and of the clients that we serve.”
New partner promotions globally were as follows: Americas, 295 (up from 240 in 2013, a 23 percent increase); EMEIA, 237 (up from 162 in 2013, a 46 percent increase); Asia-Pacific, 115 (up from 80 in 2013, a 44 percent increase); and Japan, 28 (up from 27 in 2013, a 4 percent increase).
“We continue to grow our teams in all regions and we are particularly pleased by the growth of our partner numbers across the emerging markets,” Weinberger said. “We had 28 percent of new partner promotions within the emerging markets, demonstrating the talent, success and growth potential in these countries.”
Across service lines, the largest volume of new partner numbers was in Assurance at 37 percent (253) of all promotions, followed by Tax with 27 percent (183), Advisory with 24 percent (159), and Transaction Advisory Services with 10 percent (64). There were 2 percent (16) of promotions within business support.
Women also featured prominently in the promotions, making up 26 percent of new partners. Two more women have been appointed to the Global Executive board, the firm’s most senior management body.
In 2014 the overall head count rose from 175,000 to 190,000 globally.