other material
confidence high
sentiment neutral
materiality 0.60
Enviri auditor PwC declines re-election for FY2025 over fee expectations
ENVIRI Corp
- PwC notified Audit Committee on Nov 22, 2024 it would not participate in RFP and not stand for re-election as auditor for FY2025.
- PwC's decision was based on inability to meet Enviri's economic expectations; no disagreement on accounting principles or audit scope.
- PwC will continue as auditor through filing of 2024 Form 10-K unless otherwise agreed.
- Enviri reported no disagreements or reportable events with PwC during 2022, 2023, and subsequent interim period.
- Company will engage a new independent registered public accounting firm after completing evaluation process.