After 34 years at Frank Hirth, Marios Iacovides has taken the decision to retire in early 2017. As part of an orderly transition, Marios has stepped down as Managing Director with immediate effect but will continue to serve on the Board of Directors of the company.
Frank Hirth’s current Head of Tax, Robyn Limmer has taken over the position of Managing Director. Robyn has been a senior tax professional for over 25 years and has had experience in both running her own business and being an integral part of the running of Frank Hirth. As Head of Tax for the last two years, Robyn has been overseeing the workings of the tax groups as well as dealing with the more complex personal tax cases.
Marios said, “having taken the decision to retire, it seemed appropriate that I step down as Managing Director immediately and use my remaining time at Frank Hirth to work closely with Robyn to achieve a seamless transition. I have known Robyn for 20 years and I cannot think of a person more qualified and able to do this job. I am certain the company will continue to flourish under her guidance.”
Robyn added, “whilst we are all saddened by Marios’s decision, we understand the motivation behind it. He has served the company over many years and we wish him well in his retirement. I am delighted to have been chosen by the Board to succeed Marios as MD. I am looking forward to taking the company forward and continuing to enhance its standing in the business community.”
Mr Axler joins from Halliburton (in Houston) where he was Director of Tax, responsible for Mergers & Acquisitions and Global Tax Planning. Earlier in-house tax experience includes working as Tax Counsel at CEMEX and then Smith International.
EY Ireland has announced the appointment of six Partners, bringing the total number of Partners within the Irish business to 61.
Within its tax division, EY has promoted Cork-based Seamus Downey, underlining the Firm’s continued investment in the Munster region, as well as Ian Collins who heads up EY’s Research & Development team.
Key areas of experience include:
- International tax planning
- Mergers and acquisitions
- Advising high net worth individuals.
Seamus joined the firm from KPMG in March 2012 having previously worked as a tax director in their tax function. He has worked with a broad range of global and indigenous companies in technology, agriculture, logistics, distribution, manufacturing and engineering.
Ian Collins leads the Irish Research & Development tax group for EY, which is a multi-disciplinary team comprised of engineers, scientists, and tax professionals. Ian advises multinationals and small and medium-sized companies on all matters related to the Irish R&D regime across industry sectors. He has significant experience dealing with Irish Revenue on all matters related to the Irish R&D tax credit regime, has lectured extensively on the subject, and published multiple articles.
Ian also leads EY’s Irish tax depreciation group, overseeing capital allowances advice and claims to Irish clients.
Commenting on the announcement, Mike McKerr, Country Managing Partner, EY Ireland said: “These senior appointments, alongside our recent office openings and jobs announcement, reflect our confidence in the Irish economy and ambition to further accelerate growth in the years to come. These Partner admissions create the next generation of leadership and enable teams to deliver exceptional service to an expanding client base throughout Ireland.”
Her experience focuses on the specialist provision of tax and business advice to entrepreneurial businesses and their shareholders. She advises on all aspects of corporate and international taxation, ensuring that advice combines the interests of both the business and its owners. She also advises on the implementation of tax efficient employee incentivisation plans.
BDO in the UK has announced three new tax partner hires:
James Egert, who joins BDO next week (12 Sept), leaves EY’s London team where he headed up the UK tax performance advisory team. Specialising in SAO, tax strategy, risk and governance, James has significant experience in dealing with entrepreneurial mid-market businesses, as well as FTSE companies. His recent focus is in the area of tax responsibility and tax transparency, tax policy development, tax transformation and tax risk management. James also has significant experience in identifying efficiencies and cost savings in how organisations manage their tax function.
Mark Ellis joins BDO’s Manchester office after ten years at Deloitte and leads the North West team. He is a highly experienced VAT practitioner, with specialist expertise in consumer markets and the public sector. Hot topics that Mark is helping clients to address are Brexit, the Union Customs Code, the Base Erosion Profit-Shifting agenda, the EC’s “Action Plan on VAT” and new VAT / GST regimes (e.g. Egypt, India and the Gulf States)
In East Anglia, Phil Hall joins BDO from Grant Thornton where he led the region’s large corporate team. He will provide corporate tax advice to the region’s mid-market and large-sized business, and has significant international experience.
Andy Butterworth, head of tax at BDO, comments: “The changing regulatory environment, and in particular the restrictions in the provision of non-audit services by auditors, has created huge opportunities for the tax team among our mid-market and large corporate client base up and down the country.
“Investing in talent will continue to be a priority for us. We work in a profession where adding value and demonstrating expertise is the foundation for success. Having talented and passionate people like James, Mark and Phil will ensure we continue to remain an adviser of choice for our clients.”
BDO LLP has appointed Michael Flaherty as a tax partner in its Private Client team.
Based in Guildford, his role is to further develop bespoke private client taxation services for clients across the South, in London and overseas. Michael brings with him 20 years of private client experience having worked for two Big Four accountancy firms and global banks in London, Cayman and Jersey. He joins from RSM (legacy Baker Tilly) where he a Tax Director.
Michael specialises in the provision of tax advice to high net worth individuals (HNWIs), families, trustees and companies, including many with international private wealth aspects to consider.
Michael’s appointment follows the announcement of the promotion to partner of Lee Bijoux in BDO’s Private Client team, based in London. Lee joined BDO in 2012 as a director, having trained with Deloitte. He specialises in international private client tax, advising wealthy individuals with complex affairs, and has significant expertise in residence, domicile and trust matters.
Paul Ayres, BDO’s National Head of Private Clients, said: “Lee’s promotion and Michael’s appointment illustrate just how important attracting and rewarding high-calibre individuals is to BDO’s growth strategy. “Together these investments add to the depth and breadth of our offering, delivering services to private individuals and businesses, in both domestic and international markets – a great asset to the majority of those we advise and an enhancement to how we deliver broader solutions for clients.”
On joining the firm, Michael Flaherty added: “The opportunity to join BDO is a very exciting one. The firm has a strong brand and the tax team has a leading reputation in the market place, which I hope to enhance working closely with the many talented partners and colleagues.”
Lee Bijoux said: “We live in a more regulated and globalised world than ever before. HNWIs are increasingly turning to experienced advisers to help them navigate complex domestic and international tax regimes. It is because of this, and the talented team we have in place, that our practice continues to go from strength to strength.”
PKF O’Connor Davies, LLP announced today that Alan S. Kufeld, CPA, was named a partner in the firm’s financial services practice.
Kufeld is a recognized leader in the financial services industry with deep expertise in complex tax issues in all phases of the life cycle of Management Companies; accounting, tax planning and particularly strategies for managers closing funds and launching family offices.
“Alan brings a depth of expertise on complex tax issues for financial services clients and families that’s hard to match,” said Marc. L. Rinaldi, Partner-in-Charge of the firm’s Financial Services Practice. “From start-ups to established management companies of all sizes and structures, he has seen virtually every scenario you can think of and continually comes up with strategies that put clients in the best position to succeed. He will add a strong presence to an already strong financial services team, and we know he will drive real value for our clients. We are thrilled to welcome him to the Firm.”
Prior to joining PKF O’Connor Davies, Kufeld was a partner at a family office advisory firm (Flynn Family Office) and a Tax Principal at Rothstein Kass, both in New York. With a career spanning 20 years in the financial services field, Kufeld has advised clients on tax-efficient planning and structuring, risk management, Federal, state and local tax compliance, including audit defense, retirement planning, best practice benchmarks and operations.
“PKF O’Connor Davies has established itself as a top-notch firm that continually delivers value for clients in the financial services space and every aspect of business for that matter,” said Kufeld. “The tax landscape and the issues facing funds, their general partners and high net worth families is becoming more complex every year. I’m excited to join a team of proven experts to help our clients design and implement smart strategies that help keep them stay ahead of the tax curve and position them for long-term success. I look forward to this exciting phase of my career.”
Andersen Tax has announced the addition of Chris DeVoe as a Managing Director in the Greenwich, Connecticut office. Chris will join the New York Metro Commercial Practice, specializing in accounting for income taxes and tax operations services, with a focus on assisting clients in implementing global best-in-class processes.
Prior to joining Andersen Tax, Chris was a Director at Ryan and a Managing Director at WTP Advisors. Before WTP Advisors, Chris was a Senior Manager at EY, where he was responsible for leading large-scale tax process initiatives for clients required to restate financial statements due to weaknesses in the tax function. Chris also worked in the tax department of GE Capital, where he was responsible for the international tax operations and reporting for a multi-billion dollar business.
“The addition of a commercial specialist like Chris is essential to the growth of the practice,” said New York Metro Office Managing Director, Gerald DesRoches. “Chris’ impressive experience compliments the expertise in our commercial practice.”
“The growth of our commercial practice in New York Metro is essential for the firms’ multinational commercial clients,” said CEO, Mark Vorsatz. “Chris’ experience will not only allow him to bring a high level of service to his clients, it will enhance the training and development of our next generation of commercial leaders.”
Chris received a Bachelor of Business Administration from Hofstra University and a Master of Business Administration from Fordham University. He is a Certified Public Accountant in the State of Connecticut.