Eugene D. O’Kelly led firm after IRS tax-shelter probes
O’Kelly died Saturday at his New York home, KPMG said in a statement. He resigned his executive roles at KPMG in June after disclosing that he was diagnosed with advanced-stage cancer, but remained a senior partner. He was succeeded by CEO Timothy Flynn. O’Kelly led KPMG from 2002 to 2005 and is credited with changing the company’s culture and governance after a government probe into tax shelters. KPMG last month agreed to pay a $456 million fine to settle the tax case.