As part of planned changes in Smith & Williamson’s senior management team, David Cobb and Kevin Stopps are appointed Co-Chief Executives of Smith & Williamson Holdings Limited, with effect from 27 September 2013. At the same time, Andrew Sykes becomes Chairman of the Board.
The changes are prompted by the planned retirement of Gareth Pearce.
David Cobb and Kevin Stopps (pictured) share over 50 years’ combined experience with Smith & Williamson and summarise their joint ambition for the firm as “evolutionary, not revolutionary”.
Having each joined the firm over 25 years’ ago, they have a long history of successful collaboration, including working as members of the Board of Smith & Williamson. Cobb became Head of Investment Management and Banking in 2007 and Stopps took the lead for the Tax and Business Services division in 2010.
In addition to their roles as Co-Chief Executives, Cobb and Stopps will each remain responsible for the management of their respective divisions.
Kevin Stopps explains: “David and I are excited to lead the firm in the next phase of its evolution, driving the growth of one business with complementary service lines. We continually seek to enhance the way our people work together to provide the comprehensive and integrated service to clients for which we are known.”
Prior to becoming managing partner, Kevin provided taxation advice to some of the firm’s corporate clients and was head of tax. He had a particular interest in property and financial services and was, for many of these clients, their trusted adviser. Although his role now is largely a management one, he continues to be a trusted adviser to a handful of clients, many of whom have been with the firm for over 20 years.
Kevin graduated with an honours degree in economics from the University of East Anglia and is qualified as a chartered accountant and a chartered tax adviser. He joined Smith & Williamson on 19 October 1987 (Black Monday)!
PwC US has announced that Diane Baylor has been appointed Tax leader of the firm’s Technology Sector practice.
Diane brings more than 24 years of experience to her new role as Tax Leader of PwC’s US Technology industry practice. In addition to overseeing the services provided to the firm’s technology clients, she will also continue providing tax services related to global operations and integration of acquired companies, transfer pricing, and international tax to a number of the world’s leading US-headquartered, multinational software, internet, and computer hardware companies. Baylor received her bachelor of arts degree in accounting and master of arts in business with a concentration in accounting from Colorado State University.
Additionally, Diane has participated in PwC’s US Strategy Committee and US Firm Extended Leadership Team, and she also served as the Global Tax TICE (technology, communications, and entertainment) industry leader.
Timothy R. Larson is the new Partner-in-Charge (PIC) of the Firm’s New York Tax Department, effective immediately. As a regional Tax PIC, Mr. Larson becomes part of the senior management of Marcum’s national Tax Department, headed by Joseph J. Perry, Firm-wide Partner-in-Charge of Tax & Business Services.
Mr. Larson joined Marcum in the New York City office in January 2013 as the Practice Leader of Marcum’s international tax service line. He has more than 20 years of experience in international taxation, cross-border restructuring and reorganizations, mergers and acquisitions and financial statement accounting for taxation. Mr. Larson specializes in advising clients on the US tax aspects of international taxation as well as overall tax services; such as accounting for income taxes, compliance review and providing tax advisory services related to restructuring, acquisition/disposition planning, intellectual property and supply chain planning, and transfer pricing. He works in numerous industries including retail luxury, consumer products, manufacturing, energy, pharmaceutical and life sciences, and technology.
Mr. Larson spent the majority of his career in the International Tax Services group of a “Big Four” accounting firm, where he more recently headed the New Jersey-based international tax practice. He earned his BBA degree in accounting and his master’s degree in taxation from the University of Texas. He is a resident of Belle Mead, N.J.
“Tim is an extremely accomplished tax leader who has had a significant impact since joining Marcum earlier this year,” Mr. Perry said. “As New York Tax PIC, he will play an instrumental role. We have the highest expectations for his continued contribution to the success of his clients and the growth of the Firm in the future.”
Brett McGrath is the new Partner-in-Charge of the Firm’s Connecticut Tax Department, effective immediately. Mr. McGrath oversees tax services in the Hartford and New Haven offices. As a regional Tax PIC, he becomes part of the senior management of Marcum’s national Tax Department, headed by Joseph J. Perry, Firm-wide Partner-in-Charge of Tax & Business Services.
Based in Marcum’s Hartford, Connecticut office, Mr. McGrath is a member of the Firm’s National Construction Industry group as well as its State and Local Tax Practice group. He has more than 20 years of experience providing federal and state tax consulting and compliance services to corporations, partnerships and individual clients. He has extensive experience working with construction contractors, developers and homebuilders; manufacturers; service corporations; and sports and entertainment professionals, and is a frequent speaker on tax matters for construction companies. Prior to joining the Firm, Mr. McGrath spent several years at a “Big 4″ accounting firm. Earlier in his career, he was a Corporate Tax Specialist at a multi-national manufacturing company.
Mr. McGrath holds a BS in Accounting from the University of Massachusetts, Amherst, and a Masters of Science in Taxation from Bentley University. He is a resident of Wethersfield, CT.
“Brett is a deeply knowledgeable tax leader who is a valued advisor to his clients as well as a mentor to other partners and staff in Marcum’s Connecticut region,” Mr. Perry said. “He is extremely deserving of this new leadership role, and the entire Firm congratulates him.”
PwC US has announced that Rich Daniele was appointed as Tax Leader for the Rockies market, overseeing the firm’s tax practice in its Denver and Salt Lake City offices. In this role, Daniele will lead tax teams in continuing to grow PwC’s presence in the market as well as enhancing services for the firm’s clients.
“Rich is a seasoned tax professional who brings proven leadership and technical capabilities to his new role,” said Katrina Salem, PwC’s managing partner for the Rockies. “As our presence in the region continues to expand, we remain dedicated to providing our clients with superior tax services to help their businesses. I am confident that he will be an invaluable asset to our market and our clients.”
Daniele brings nearly 25 years of experience providing tax services to clients across a broad spectrum of industries. Since being admitted to the partnership in 2003, Daniele has served as Tax Leader for PwC’s Melville, N.Y. office. In addition to his new role as Tax Leader for the Rockies, Daniele will continue to serve clients on their most pressing tax issues.
Daniele received a bachelor’s degree in accounting from St. John’s University and a master’s degree in taxation from Long Island University. He is a Certified Public Accountant (CPA) licensed in New York and is a member of the American Institute of CPAs and the New York State Society of CPAs.
Internal Revenue Service Acting Commissioner Danny Werfel today announced former long-time IRS executive John M. Dalrymple has been named Deputy Commissioner for Services and Enforcement.
“This is a critical leadership position for the IRS touching on everything from taxpayer service to tax enforcement issues,” Werfel said. “During John’s three decades at the IRS, he gained a wealth of first-hand expertise and experience in areas he will be leading. His insight and knowledge of the IRS will be an asset to help keep our core tax operations running smoothly.”
Dalrymple will start his new role on Sept. 16. He previously served as IRS Deputy Commissioner for Operations Support from 2003 to 2006.
As Deputy Commissioner for Services and Enforcement, Dalrymple will provide direction to the four taxpayer-focused IRS operating divisions, including Wage and Investment; Large Business & International; Small Business/Self-Employed and Tax Exempt and Government Entities. He will also oversee the IRS Criminal Investigation Division, Office of Professional Responsibility, Online Services, the Return Preparer Office and IRS Whistleblower Office.
Dalrymple has 31 years experience working at the IRS, including 13 years in the Senior Executive Service. Following his retirement from the IRS in 2006, he became a Director at Deloitte Consulting.
During his IRS career, Dalrymple’s experience covered a variety of enforcement, taxpayer service and support positions. He served as Commissioner of Wage and Investment from 2000 to 2003. He was IRS Chief Operations Officer from 1996 to 2000, and he was a District Director in the IRS North Central District from 1995 to 1996.
He began his career with the IRS as a revenue officer in 1975 and has held management positions in several IRS district offices.
Grant Thornton US has named Andy Tarquinio as partner-in-charge of the firm’s Melville Tax practice effective Aug. 1.
Tarquinio, who is transitioning from the firm’s Midtown office, will work closely with the New York leadership team to provide distinctive client service and expand the scope of the Melville office’s service offerings.
“Andy has been influential in raising the firm’s profile while providing exceptional knowledge of the changing corporate tax landscape,” said Frank Kurre, managing partner of Grant Thornton’s Metro New York Cluster. “He is committed to the firm’s growth and development in the Long Island marketplace as well as the greater New York area.”
Tarquinio has been a partner with the firm for 13 years and has extensive experience serving public and privately held companies. He has provided tax compliance and consulting services in a variety of industries, including manufacturing, retail, distribution, technology, service, real estate and solar energy.
He is a certified public accountant in New York and a member of the American Institute of Certified Public Accountants. He received a bachelor’s degree in accounting from the University of Massachusetts at Amherst.
Deloitte has appointed Mark Stephenson as leader of its UK & Switzerland Manufacturing industry practice. The practice provides audit, consulting, tax and corporate finance services across the manufacturing sectors; including aerospace and defence, automotive, process and industrial products.
Mark Stephenson says: “I am very proud and excited to be leading such a great team, with its extensive breadth of consulting and professional advisory skills. Manufacturing in the UK has developed extensively in the recent past and the vibrant and diverse sector we see today is almost unrecognisable compared to a decade ago. During this time we have invested heavily in our own practice and are pleased to count some of the UK’s biggest manufacturing names, as well as a huge range of small and medium enterprises, among our client base.
“The manufacturing sector contributes a tremendous amount to the UK economy, and I’m looking forward to the industry supporting our economic recovery. Our clients know their business, but the specialist advice and deep technical insights we can bring will play an important role in helping businesses across all areas of manufacturing grow and prosper.”
Mark is an international tax partner with a particular focus on large and complex multinational manufacturing groups. He was formerly the North West Tax leader and led Manufacturing for the UK regions as well as for the Tax service line nationally. He will continue to be based in Manchester.
Mark has also made two new appointments to the manufacturing executive team. Jeremy Berwick will lead the aerospace and defence practice and Simon Manning has been appointed head of audit.
Richard Punt, Deloitte’s Managing Partner for Clients and Markets said: “Mark’s extensive experience working with manufacturers in the UK and globally, together with his strong leadership team, mean we as a firm are well positioned to support this critical sector. We work with some of the biggest names in the industry and will continue to provide all of our clients with the highest quality advice and support in what continues to be an environment of both growth opportunity and business challenge.”
PwC US today announced the appointment of Doug Thomas as east regional tax leader, effective immediately. Additionally, Shelley Giberson succeeds Thomas as greater Atlanta tax leader. Both partners are based in the professional service firm’s Atlanta office.
“Doug and Shelley are seasoned tax professionals who are passionate about client service and building highly effective teams that bring the best the firm has to offer to our clients,” said Gary Price, Managing Partner of PwC’s Atlanta office. “With a wide breadth of experience, these two highly qualified partners further demonstrate our commitment to our clients, the advancement of our people and our place in Atlanta.”
Doug Thomas has assumed responsibility as east regional tax leader, which encompasses six PwC markets in the eastern US, including greater Boston, New York, Washington DC, the Carolinas, Georgia and Florida. Thomas was the Greater Atlanta Tax Leader for three years after having served as the Tax Leader for the Carolinas Market. He brings more than 23 years of experience providing tax and business consulting services to multinational clients. Thomas has worked across multiple industries and provides clients with advice on a variety of issues, including mergers and acquisitions, tax compliance, international and state tax planning. He also has experience in the management of controversy proceedings with both federal and state taxing authorities. Thomas has a bachelor’s degree from Michigan State University and is a Certified Public Accountant in the states of Georgia and Michigan. In addition, he is active in the Atlanta community, working closely with the United Way of Greater Atlanta.
Shelley Giberson succeeds Doug Thomas as greater Atlanta tax leader. Prior to this appointment, Giberson led PwC Atlanta’s tax specialist practices. She has extensive experience building teams that provide clients with the full complement and highest levels of tax consulting services. Giberson brings 17 years of international tax experience, including helping clients navigate complex and fluid international tax rules, developing international expansion, cash redeployment, debt restructuring, tax attribute management and cash tax management strategies. In addition to planning and consulting with her clients, Giberson has extensive experience with accounting for income taxes and helping companies meet their international tax compliance and reporting requirements. She has a bachelor’s degree and an MPA from the University of Texas at Austin. Giberson is a Certified Public Accountant in the states of Texas, Oregon and Georgia. She is active in the community, serving on the boards of the Atlanta History Center, CHRIS Kids and the Atlanta International School.
“We are excited for both Doug and Shelley and their leadership of our growing tax practice,” continued Price. “With their help, we will continue to drive high levels of client satisfaction in Atlanta and throughout the East Region. We are fortunate to have such strong leaders in our market.”