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Exclusive: KPMG reorgs AI division to create new incubator — with a new executive role reporting directly to the CEO

"AI is awesome," said Todd Lohr, the AI chief reporting directly to CEO Tim Walsh, "but it's also an awesome responsibility that everyone needs to own."

Exclusive: KPMG reorgs AI division to create new incubator — with a new executive role reporting directly to the CEO

KPMG is reorganizing its AI division to create a new incubator, incorporating AI, innovation and ecosystem functions into a single unit. The U.S. audit, tax and advisory firm will be led by Todd Lohr, a 15-year KPMG veteran, who will report directly to the CEO, Tim Walsh. Lohr, 49, has been pushing for this restructuring for years, aiming to drive transformative change within the firm.

The new Client Technology & Innovation (CT&I) group will focus on building AI-native businesses at start-up speed, leveraging existing relationships with technology partners such as Anthropic, Google Cloud, Microsoft, OpenAI and Databricks.

Written by urgent.news from Fortune's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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