KPMG has elected Lynne Doughtie to serve as its next chairman and chief executive officer for a five-year term starting July 1. Doughtie currently leads KPMG’s advisory business.

Doughtie will succeed John Veihmeyer, who has served as U.S. chairman and CEO since 2010 and simultaneously as global chairman of KPMG International since February 2014. When Veihmeyer became global chairman, he indicated that he would serve the remainder of his term as U.S. chairman and CEO through its close on June 30, 2015, before focusing exclusively on his international role. He will continue to be based in the United States as he leads KPMG globally.

Doughtie joined KPMG’s audit practice in 1985 and went on to serve in a number of national, regional and global leadership roles, including as the lead engagement partner for some of the firm’s major clients. She is a member of the U.S. firm’s management committee and KPMG International’s global advisory leadership team.

Since 2011, Doughtie has led KPMG’s advisory business in the United States, charting a path of tremendous growth, including the establishment of market-leading positions in business and risk consulting and transaction advisory services. She has also overseen the expansion of KPMG’s capabilities in innovative services and solutions, including information security, strategy, digital/mobile and transformation.

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