KPMG boss quits amid uproar after telling staff to 'stop moaning'

12 February 2021, 12:18

KPMG boss Bill Michael has stepped down following his remarks
KPMG boss Bill Michael has stepped down following his remarks. Picture: PA
Nick Hardinges

By Nick Hardinges

The UK chairman of KPMG has quit after reportedly telling staff to "stop moaning" about worries over cuts to their benefits during the pandemic.

Bill Michael will resign from the audit giant at the end of the month after his position became "untenable" due to comments he made during a conference call on Monday.

He reportedly told consultants to "stop moaning" about the impact of the coronavirus pandemic and lockdown on people's lives, and to stop "playing the victim card".

Speaking following his resignation, the KPMG boss said: "I love the firm and I am truly sorry that my words have caused hurt amongst my colleagues and for the impact the events of this week have had on them," the 52-year-old Australian said.

"In light of that, I regard my position as untenable and so I have decided to leave the firm.

"It has been a privilege to have acted as chair of KPMG. I feel hugely proud of all our people and the things they have achieved, particularly during these very challenging times."

Read more: UK's economy fell by 9.9% in 2020, the largest annual slump on record

Read more: BoE's chief economist says UK poised to recover 'like coiled spring'

KPMG boss Bill Michael caused uproar after comments he made during a conference call
KPMG boss Bill Michael caused uproar after comments he made during a conference call. Picture: PA

The uproar emerged after Mr Michael made the comments during an online meeting of around 500 staff members, during which workers raised concerns over potential pay, pension and bonus cuts.

Footage of the meeting widely shared online appeared to show Mr Michael saying: "I have spoken to a lot of partners, and people at all sorts of levels, where it almost feels like this [pandemic] is being done to them.

"Well, you can't play the role of victim unless you're sick. And I hope you're not sick, and you're not ill, and if you're not, take control of your life, don't sit there and moan about it."

In another part of the video, the KPMG chair also questioned the efficacy of unconscious bias training, which tries to teach people how to challenge stereotypes they unknowingly hold.

"There is no such thing as unconscious bias." he said. "I don't buy it, because after every single unconscious bias training that's ever been done nothing has ever improved. So unless you care, you actually won't change."

Mr Michael later apologised for his words, saying they did not reflect his personally-held beliefs.

Read more: Bank of England tells banks to start preparing for negative interest rates

Read more: Lastminute.com facing court unless it pays £1m of outstanding refunds

Bill Michael will step down from KPMG at the end of the month
Bill Michael will step down from KPMG at the end of the month. Picture: PA

The decision to leave the firm comes two days after Mr Michael stepped aside while KPMG carried out an investigation into his remarks.

He also reportedly spoke about meeting clients for coffee during the pandemic, prompting one person on the call to tell the newspaper: "He literally said 'I know I'm breaking the law' to meet up with people during the pandemic."

Mr Michael was himself admitted to hospital with Covid-19 last year.

The senior partner was also reported to have offered his views on unconscious bias as "complete c**p".

According to the Financial Times, one employee wrote in response: "There's no such thing as unconscious bias?! Are you joking? Please do your research before just making such statements. Check your privilege."

Two senior KPMG members, Bina Mehta and Mary O'Connor, will take over Mr Michael's duties between them, becoming acting chairwoman and acting senior partner.

Ms Mehta said: "Bill has made a huge contribution to our firm over the last 30 years, especially over the last three years as chairman, and we wish him all the best for the future."

More Latest News

See more More Latest News

South Yorkshire Police Headline Image

Elderly woman in life-threatening condition after prison transport vehicle collides with pedestrians

c

Chancellor sets out financial reforms in key speech as she criticises measures brought in after 2008 economic crash

Holidaymakers Begin Christmas Getaway

More than 700,000 passengers suffered delays after password of engineer allowed to work remotely didn't work

Weather maps show areas of the UK which could be hit by snow

UK weather maps show regions expected to see heavy snowfall as cold and wintry spell on the way

Cynthia Erivo

Wicked star Cynthia Erivo says feeling like an outsider and 'not fitting in' drew her to role of Elphaba

Robert F Kennedy Jr

Donald Trump picks anti-vaccine activist Robert F Kennedy Jr to lead Department of Health

France and Israel fans clash with police in Paris despite ramped up police presence following Amsterdam unrest

France and Israel fans clash amid ramped up police presence in Paris for UEFA Nations League game

c

'I hope I live to see the day': Ex-political prisoner Vladimir Kara-Murza shares wish to see Putin on trial for war crimes

M5 Motorway, Bristol, UK. 4th July, 2022. A rolling roadblock has been formed to protest the cost of fuel. Protestors have set off from Bridgewater and are holding up traffic by driving slowly along the M5 Motorway. Credit: JMF News/Alamy Live News

Teenager hit and killed in horror M5 collision after fleeing police car named

Exclusive
Putin critic Vladimir Kara-Murza recalls 'longest day of his life' after historic prisoner swap between Russia and West

Putin critic Vladimir Kara-Murza recalls 'longest day of his life' after historic prisoner swap between Russia and West

Mohamed Al Fayed's brother Salah accused of sexual assault and trafficking by former Harrods employees

Mohamed Al Fayed's brother Salah accused of sexual assault and trafficking by former Harrods employees

Former Prime Minister Boris Johnson

Man who turned up outside Parliament in armour carrying samurai swords wanted to 'speak with Boris Johnson'

Basem Naim, a Hamas leader

Hamas prepared for 'immediate' ceasefire in Gaza but claims Israel has not offered any 'serious proposals' in months

London, UK. 9 October 2023. Shadow Chancellor Rachel Reeves speaking during the Labour Party Conference in Liverpool. Photo credit should read: Matt Crossick/Empics/Alamy Live News

Rachel Reeves to 'rip up financial red tape' with pension 'mega funds' freeing up £80 billion for investment

Labour divided over assisted dying as MP who introduced bill hits out at Health Secretary

Labour divided over assisted dying bill as MP tabling legislation labels Wes Streeting's objections 'disappointing'

Reverend Sue Colman was asked to step back after the Makin Report found her and her husband Jason knew about John Smyth's abuse and failed to act

Mustard heir and Church of England minister wife step back from church roles after damning abuse report