other_material
confidence high
sentiment neutral
materiality 0.30
DNOW appoints KPMG as auditor for FY2025, dismisses EY after competitive review
DNOW Inc.
- Audit Committee approved KPMG as independent auditor for fiscal 2025; EY dismissed effective May 21, 2025.
- No adverse opinions, disagreements, or reportable events between DNOW and EY during 2024 and 2023.
- No consultations with KPMG on accounting principles or audit scope prior to appointment.
- Change follows a competitive selection process conducted by the Audit Committee.
- EY provided a letter to the SEC dated May 22, 2025, agreeing with the company's disclosures.
item 4.01item 9.01