Laura serves on the boards of Junior Achievement USA and the Greater Twin Cities Youth Symphony. Laura is the former chair of the KPMG Network of Women business resource group and a frequent speaker on cultivating an inclusive culture. She has focused largely on serving publicly-held and private companies in the financial services and food and beverage sectors. Other previous leadership roles at the firm included serving as the National Managing Partner of Tax for KPMG, West Regional Managing Partner for KPMG’s Tax practice, and the Tax partner-in-charge for KPMG’s offices in Minnesota, Iowa, Missouri, Kansas, and Nebraska. Laura joined KPMG in the Minneapolis office in 1988 and was named to the partnership in 1997. She co-led the planning and development of KPMG Lakehouse, the firm’s state-of-the-art training facility and cultural home, and one of the firm’s most significant and impactful investments. In addition, she oversaw KPMG operations areas such as pension investments, real estate, office operations, and internal audit.Īs a result of her leadership and focus on operational excellence, KPMG made substantial progress toward digitalization, which is achieving substantial improvements in productivity, cost-efficiency, and client service delivery. Management Committee since 2015, Laura most recently served as Vice Chair of Operations and was responsible for technology, including digital transformation, data strategy, technology operations and security, as well as financial matters encompassing forecasting, planning, and monitoring the firm’s financial performance. Laura is recognized for her insight on operational, tax, and performance development strategies, commitment to quality and integrity, and focus on building strong, diverse and inclusive teams.Ī member of the U.S. Furthermore, Laura is a member of both KPMG’s Global Board and Executive Committee.ĭuring her 32-year career, she has had extensive experience serving multinational Fortune 500 companies. Laura also serves as Deputy Chair for the Americas region and is a member of both the Americas Board of Directors and Management Committee. firm’s strategy and execution of its priorities. Management Committee and is responsible for the development of the U.S. Reactions, Klynveldians? This should be a cause for celebration.Laura Newinski is Deputy Chair and Chief Operating Officer of KPMG LLP. Right, so now Deloitte will have some competition in this regard. And yes, there are leaders at this facility constantly. I proudly think this says a lot about our culture…Our partners are willing to invest $300 million of their capital in people. Having been with Deloitte over 30 years, I have seen this occur again and again. Further, having DU means we will not stop training people in downturns. We only have one asset at professional services firms, and if you want the best folks, you make the investment. The ROI in terms on talent is off the charts. It was simple, this is the only place of its kind right now. The CEO's of the other big 4 firms wondered how our CEO got us to say yes. After the visit, within 3 days we had 100% committed. I am in charge of recruiting at a school where we had the ability to bring the best and brightest who had offers but were undecided. A comment from the DU post sums it up well:Īs a Partner who has spent 3 decades at Deloitte and at Touche Ross, this is the greatest thing I have seen us invest in. It's all very exciting and the motive for investing nearly half a billion dollars is pretty obvious. Maybe Phil Mickelson stops by regularly? Maybe they'll have Omaha Steaks in the welcome gift bags? A bunch of people standing around just to give free hugs? You better believe that KPMG will spare no expense to at least match it. Food, booze, games, activities, exercise rooms, snacks, Starbucks carts, etc. I just re-read this GC post from March 2015 on DU and it made me remember how ridiculous it all is. What's really important is how the new KPMG facility will surpass DU in its lavish accomodations. Personally, I'm pulling for Dallas because it would put the new Kamp KPMG close enough to Deloitte Delta Chi so the two could engage in accounting firm prank wars.īut ultimately, the location will be irrelevant.
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