Jay Ritter
Cordell Eminent Scholar Jay Ritter.

EY Leaves Key Issues of Split Undecided as 2023 Vote Approaches

The fragmented leadership of the partners and various affiliates makes EY’s divestiture more complicated than recent spin-offs like those of General Electric Co. and Johnson & Johnson, said Jay Ritter, Cordell Eminent Scholar at the University of Florida.

“That’s where you’ve got the complications, where it’s going to take a lot longer than for a typical company,” Ritter said of the firm’s likely IPO.

Read more insights from Ritter in this story from Bloomberg Tax