financialtimes
Oct 14
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Deloitte this week informed staff that Stephen Cahill, who leads the Big Four accounting firm’s executive compensation practice in the UK, would retire following 14 years at the practice. He is also one of 25 vice-chairs of the firm.
The news comes after an internal investigation was launched into inflammatory comments he made during a drunken tirade at a work event at the Royal Ascot horse races in June.
Cahill attended the racecourse on June 14 with a group of friends but joined the executive compensation team, as well as other Deloitte staff, towards the end of the day. By this point he was heavily inebriated and launched into a 30-minute drunken tirade that was sexist, racist and bullying, according to two eyewitnesses who requested anonymity. His comments included an offensive remark about an ethnic minority employee, according to the eyewitnesses.
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📷: Hendrik Osula/SOPA Images/LightRocket via Getty Images
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financialtimes
Oct 14
8.4K
0.3%
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