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Firm Management

Outgoing PwC Boss Already Has a New Gig Lined Up At Citigroup

Tim Ryan, who was to officially step down as PwC US senior partner on June 30, will reportedly leave the firm a month earlier to join Citi.

Tim Ryan will be leaving PwC sooner than expected, as the current senior partner of the U.S. Big Four firm has reportedly landed a job at New York-based megabank Citigroup.

Ryan, who has been PwC US senior partner since 2016 but decided late last year not to seek another four-year term, is set to join Citigroup in early June as its head of technology and business enablement, the Wall Street Journal reported on May 14. Ryan’s last day at PwC is May 31.

Paul Griggs

Paul Griggs, who has worked at PwC for nearly 30 years and currently serves on the US leadership team as vice chair of US markets, was picked by the firm’s partners to succeed Ryan as senior partner last February. Ryan was slated to retire from PwC on June 30.

The plan was for Griggs to start on July 1, the same day Mohamad Kande was to begin his term as PwC’s new global CEO, succeeding the retiring Bob Moritz.

But the senior partner transition at PwC US has been expedited given Ryan’s early departure, and Griggs has already taken the reins of the firm, the Wall Street Journal reported.