Last month, Carl Carande assumed the new role as KPMG's Vice Chair of Advisory. He takes over the role from Lynne Doughtie, who is now KPMG's U.S. Chairman and CEO. Carande had been serving as KPMG's National Managing Partner alongside Doughtie, which should help ensure the transition is a smooth one, he says. Carande takes over an Advisory business that contributed more than $9 billion to KPMG's $25 billion in revenue in FY 2014. Consulting Magazine sat down recently with Carande, about a month after he had assumed his new role on July. 1.
Consulting: It's been almost a month in your new role. How has the transition been going and what's the current state of Advisory at KPMG?