PwC elects Nicolas Marcoux as new Canada CEO
Nicolas Marcoux has been elected the new CEO of PwC in Canada. The 29-year veteran of PwC is currently National Managing Partner of Consulting and Deals, as well as the Montreal office head. Marcoux boasts three decades’ worth of experience in corporate finance and mergers and acquisitions (M&A).
Last month, the Big Four accounting and consulting firm announced that Nicolas Marcoux will be replacing Bill McFarland as CEO of PwC Canada. Marcoux, who has been with PwC since 1989, will ascend to the position of CEO on July 1, succeeding incumbent Bill McFarland, who has held the position since 2011.
Marcoux, a specialist in mergers and acquisitions (M&A), is currently the National Managing Partner, Montreal office, Major Cities, and Consulting and Deals — a position he has held since 2015. Previously, Marcoux was the National Deals Leader from 2012-2015, leading PwC’s M&A team and supporting a wide range of clients and industries with corporate finance, transaction services, and valuations, among other services.
Prior to that, Marcoux was a Corporate Finance Partner and Auditor at PwC, specializing in mid-market M&A deals, serving a diverse range of clients, from food & beverage to life sciences to retail. Over the past 20 years, the Montreal native has completed more than 100 transactions, supporting mid-market clients with M&A, divestments, and financing.
“Nicolas is an exceptional leader who has the passion and vision to lead our clients and firm into the future,” said incumbent CEO Bill McFarland. “He has a track record of engaging and inspiring teams to seize opportunities and innovate, and is passionate about the success our clients, people and communities,” says Bill McFarland, CEO & chief inclusion officer.”
Commenting on his promotion, Marcoux remarked, “I’m very honoured to have been elected as CEO of PwC Canada. Our foundation is strong and we have endless opportunities to continue to build trust and help our clients solve important problems in today’s disruptive and evolving business environment.”
Marcoux holds a Bachelor of Commerce in Accounting from Université de Sherbrooke, and is a Canadian Fellow of Chartered Professional Accountants (FCPA). He is a board member of Orchestre Symphonique de Montréal, and of the Youth in Mind Foundation.
Marcoux takes the reigns of the 6,700 person-strong PwC Canada at a time of growth for the firm. According to research from Audit Analytics, PwC led the Big Four in net public client gains in 2017 — with a net gain of seven new public audit clients. The largest of these new clients was the Canadian subsidiary of Progressive Waste Solutions (now named Waste Connections of Canada) — a firm valued at $11.5 billion.
Nicolas Marcoux will become CEO July 1, the same day that Jad Shimaly takes over as Chief Executive Officer of fellow Big Four consultancy EY Canada. Outgoing EY Canada CEO Trent Henry will move on to the position of EY Global Vice Chair of Talent.
