KPMG

Leader

Big Four professional services network at $38.4B FY2024 revenue (+5.4%, highest Big Four growth); CEO Bill Thomas with KPMG Clara AI audit, $100M Google Cloud investment, and Hippocratic AI partnership across 143 countries.

Company Overview

About KPMG

KPMG is a global professional services network — registered in the Netherlands and headquartered in Amsterdam — operating as one of the Big Four accounting and consulting firms with 275,288 employees across 143 countries and over 90 offices in the United States alone. In fiscal year 2024, KPMG achieved record global revenue of $38.4 billion, representing 5.4% growth in US currency — the highest year-over-year revenue growth rate among the Big Four firms. All three core service lines achieved growth, led by tax and legal services at 9.9% growth. Under Global Chairman and CEO Bill Thomas (since 2017), KPMG has invested $100 million in its Google Cloud practice and launched KPMG Clara (its smart audit platform powered by AI), acquired LlamaZOO for 3D visualization capabilities, and partnered with Microsoft, Google Cloud, and Hippocratic AI for healthcare AI. KPMG has earned a place on Fortune's 100 Best Companies to Work For list for 18 consecutive years. The modern KPMG firm formed on January 1, 1987, when Peat Marwick merged with Klynveld Main Goerdeler (KMG) in what was then the largest accounting merger in history with combined worldwide revenues of $2.7 billion, honoring founding partners Klynveld, Peat, Marwick, and Goerdeler.

Business Model & Competitive Advantage

KPMG's integrated professional services model addresses the governance, audit, and tax complexity that large multinational corporations and financial institutions require from an external advisor with global presence: publicly traded companies operating across multiple jurisdictions require an external auditor with country-specific regulatory expertise, local partner relationships, and coordinated global audit methodology that Big Four networks provide through their 143-country member firm structure — while major tax transactions (mergers, restructurings, transfer pricing) require advisors with expertise in both the acquirer's home country tax code and the target's jurisdiction. KPMG's strategic differentiation from EY, Deloitte, and PwC centers on its technology audit capability (KPMG Clara uses AI for continuous auditing of client financial systems) and its depth in financial services clients — banks, insurance companies, and asset managers whose complex financial instruments require specialized audit methodologies.

Competitive Landscape 2025–2026

In 2025, KPMG competes in the global professional services, Big Four accounting, and management consulting market with Deloitte ($67.2B revenue), PwC ($55.4B revenue), and EY ($51.2B revenue) for multinational audit mandates, tax advisory relationships, and consulting project wins. The 5.4% revenue growth (fastest among Big Four in FY2024) reflects KPMG's momentum in tax advisory (driven by global minimum tax implementation under OECD Pillar Two rules requiring 15% minimum corporate tax), deal advisory services, and management consulting. The $100M Google Cloud practice investment signals KPMG's technology-led consulting strategy targeting enterprise cloud transformation mandates alongside traditional audit and tax work. The 2025 strategy focuses on scaling AI-assisted audit through KPMG Clara, growing healthcare advisory through the Hippocratic AI partnership, and competing with McKinsey and BCG for strategy consulting mandates through KPMG Strategy & Management.

Founded
1987
Headquarters
Amsterdam, Netherlands (global merger)
Revenue
$38400M
Curated content • Fact-checked and verified

The KPMG Story

Founded in 1987
Amsterdam, Netherlands (global merger)
Founded by Piet Klynveld (K), William Barclay Peat (P) and 2 others

Founders

Piet Klynveld (K)William Barclay Peat (P)James Marwick (M)Reinhard Goerdeler (G)
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Company Timeline

Major milestones in KPMG's journey

11
Total Events
0
Funding Rounds
3
Acquisitions
0
Product Launches
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Leadership Team

Meet the leaders behind KPMG

Bill Thomas

Global Chairman and CEO

Leads KPMG as Global Chairman and CEO since 2017, overseeing 265,000+ people across 143 countries. Launched a $5 billion digital strategy and investment plan and expanded key alliances. Term extended and will lead through September 30, 2025.

Shaun Kelly

Global Chief Operating Officer

Serves as Global Chief Operating Officer of KPMG, overseeing operational excellence and strategic initiatives across the global network.

Lisa Heneghan

Global Chief Digital Officer

Leads KPMG's digital transformation efforts as Global Chief Digital Officer, driving innovation and technology adoption across the firm's operations and client services.

Michele Meyer-Shipp

Chief Diversity & Inclusion Officer

Principal and Chief Diversity & Inclusion Officer responsible for advancing KPMG's commitment to creating an inclusive workplace that draws strength from differences.

Brian Geffert

Global Chief Information Security Officer

Serves as Global CISO, leading KPMG's cybersecurity strategy and protecting the firm's and clients' critical information assets.

Open Positions

Reddit Discussions

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Key Differentiators

Market Leader

KPMG is recognized as a market leader in the Professional Services sector, demonstrating strong industry presence and customer trust.

Enterprise Scale

With $38400M in revenue, KPMG operates at enterprise scale with proven market validation.

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