10/25/21- SHRM- TLB

KPMG NAMES DIANE SWONK CHIEF ECONOMIST

Press Release from KPMG Management Consulting - People and Change

NEW YORK, July 19, 2022 /PRNewswire/ -- KPMG LLP, the U.S. audit, tax and advisory firm, has named Diane Swonk – a prominent economist, recognized industry voice and sought-after business advisor – as Chief Economist. Swonk, based in Chicago, will lead the firm's Office of the Chief Economist, which provides deep insights to clients on the economy and how it impacts strategy, growth and operations.

KPMG LLP (PRNewsfoto/KPMG LLP)

"Our Office of the Chief Economist offers leading economic intelligence to help our clients improve strategic decision-making," said Tandra Jackson, Vice Chair – Growth and Strategy, KPMG LLP. "Diane's broad experience and wide-reaching influence will be tremendously valuable in leading those efforts."

Swonk joins KPMG from Grant Thornton LLP, where she served as chief economist. She has more than three decades of experience in financial services and consulting and serves as an advisor to the Federal Reserve and its regional banks. Swonk also serves on the U.S. Chamber of Commerce economic advisory board and is a member of the Council on Foreign Relations.

Additionally, Swonk also advised the Council of Economic Advisers (CEA) for the White House under three presidents and served two terms on the Congressional Budget Office's panel of economic advisors. She was named a fellow by the National Association for Business Economics for her outstanding contributions to the field of business economics and was named among the 100 most influential economists in the world for her analysis of the pandemic. She received a lifetime achievement award from the Association for Corporate Growth.

Diane is deeply committed to educational attainment and diversifying the ranks of leadership. She serves on the board of the Posse Foundation in Chicago, an education and leadership program. She works extensively with the Yale Dyslexia and Creative Institute. She just joined the Harris Policy School Council at the University of Chicago after serving for 15 years on the Council for Booth School of Business. She also serves on the board of the Foundation for the National Association for Business Economics (NABE); she serves on the statistics committee for NABE to promote the quality and integrity of U.S. economic data.

She advises the University of Michigan Economics Department, where she earned her B.A. and M.A. in economics with top honors. She earned an MBA in finance and strategic planning with top honors from the University of Chicago's Booth School of Business.

About KPMG LLP

KPMG LLP is the U.S. firm of the KPMG global organization of independent professional services firms providing audit, tax and advisory services. The KPMG global organization operates in 144 countries and territories and has more than 236,000 people working in member firms around the world. Each KPMG firm is a legally distinct and separate entity and describes itself as such. KPMG International Limited is a private English company limited by guarantee. KPMG International Limited and its related entities do not provide services to clients.

KPMG is widely recognized for being a great place to work and build a career. Our people share a sense of purpose in the work we do, and a strong commitment to community service, inclusion and diversity, and eradicating childhood illiteracy. Learn more at www.kpmg.com/us.

Contact:
Celia Ampel
KPMG LLP
520-307-0759
campel@kpmg.com

Karen Nye
KPMG LLP
646-207-6708
knye@kpmg.com

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