This move is part of the company’s effort to strengthen its internal culture, enhance governance, and increase accountability.
Lonergan, who brings over 25 years of experience in diverse sectors, is recognised for her leadership in driving people-centric initiatives and fostering engagement within some of Australia’s flagship organisations. Her appointment is critical for implementing PwC’s Action Plan aimed at cultural improvement.
Throughout her career, Lonergan has been instrumental in executing transformative strategies that have prepared large corporations for periods of growth and sustained success, it was stated.
In her new position, Lonergan will spearhead efforts to embed a positive workplace culture into every aspect of the firm’s operations.
Commenting on the appointment, PwC Australia CEO Kevin Burrowes highlighted Lonergan’s track record and the significance of her role at a pivotal time for the firm.
“We are thrilled to welcome Karen to the firm. She has a strong track record of delivering exceptional results at some of Australia’s largest leading companies,” he said. “PwC has taken swift and significant steps to advance its cultural transformation over the last several months, yet we know meaningful change takes time. Karen will be an asset to our leadership team and is the right person to ensure the steps we have taken to date are comprehensively embedded into the fabric of the firm.”
Lonergan, set to assume her responsibilities on July 1, expressed her eagerness to contribute to PwC’s cultural and operational goals.
“Having worked across a wide range of sectors and companies, I am energised by the opportunity to apply my skills in a new environment. As the firm continues to make progress on its commitments to change, I look forward to contributing to its continued growth and success,” she said. “To those at the firm and in my direct team, I cannot wait to meet you all, as I am sure you will inspire and challenge me in new ways.”
The appointment follows the release of PwC’s report on the challenges currently facing the insurance industry.