Stephen Gaines has stepped down as managing director and head of U.S. corporate finance for KPMG, according to an email he sent earlier today to friends and colleagues. He had joined KPMG in 1993, and took over the corporate finance group in June 2001.
In his email, Gaines wrote:
I have been with the firm for 17 years, the last 8 leading the Corporate Finance business. My decision to leave has been brewing for a while as I am looking to pursue other interests. First, however, I plan on taking a few months off to rest, relax and get to know myself and my family a bit better than the pace of the last 17 years allowed.
peHUB has put in a call to KPMG about who might replace Gaines (today is his last day), and will update this post if we hear back.