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Timothy McCormally Joins KPMG As Director In Firm's Washington National Tax Practice

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SOURCE KPMG LLP

Former Executive Director of TEI Brings Over 30 Years in Corporate Tax Policy to New Role

NEW YORK, Feb. 25, 2013 /PRNewswire/ -- Timothy J. McCormally has joined KPMG LLP, the audit, tax and advisory firm, as a director in the firm's Washington National Tax Practice. Prior to joining KPMG, McCormally served as executive director of the Tax Executives Institute (TEI), an association of tax professionals which currently has 7,000 members representing 3,000 of the largest companies across the United States, Canada, Europe, and Asia.

"We are extremely pleased to welcome Timothy McCormally to our Washington National Tax Practice (WNT)," said Jeffrey C. LeSage, vice chair of Tax Services at KPMG. "Tim's extensive knowledge of the regulatory and operating challenges facing today's tax departments will further enhance the outstanding service our firm's tax professionals provide to our clients."

During his 30-year tenure at TEI, which is dedicated to facilitating training for and interaction among its members as well as advocating their collective views, McCormally developed a keen understanding of tax policy issues and their impact on corporate tax departments.

"In my prior role, I worked with many KPMG professionals and was constantly impressed with the quality and breadth of work the firm's people produce," said McCormally. "I'm excited to join such an esteemed group of individuals."

McCormally joined the Tax Executives Institute in 1982 as its first tax counsel and became general counsel and director of tax affairs in 1992. He was appointed executive director in 2002. He holds a J.D. from the Georgetown University Law Center and a B.A. in political science and sociology from the University of Iowa.

About KPMG LLP

KPMG LLP, the audit, tax and advisory firm (www.kpmg.com/us), is the U.S. member firm of KPMG International Cooperative ("KPMG International"). KPMG International's member firms have 152,000 professionals, including more than 8,600 partners, in 156 countries.

Contact: Bridget Carroll/Robert Nihen
KPMG LLP
201-505-6501/201-307-8296
bccarroll@kpmg.com /
rnihen@kpmg.com

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