Promotion Watch ’24: 56 People Rise to the Top of the Heap at Grant Thornton*

a purple rose on wood grain background

*Technically only 13 of them made partner, the rest are near but not actually at the top of the aforementioned heap.

Grant Thornton and Grant Thornton Lite™ today announced a partner, principal, and managing director class of 56 people. They’re going to make us do math here to figure out how many partners and principals they have this year so we can compare it to prior years. Sorry, MDs, you’re left out.

Historical number of partners and principals promoted each year at Grant Thornton:

Because this is the first PPMD announcement since Grant Thornton’s huge private equity deal and mixing attest services in with PE-backed entities is a no-no, they made sure to separate the audit and non-audit peeps. Everyone get used to these convoluted announcements, it’s only going to get worse from here.

In total, Grant Thornton Advisors LLC, which provides non-attest services, admitted nine new principals and promoted 22 professionals to managing directors. At the same time, Grant Thornton LLP, which provides attest services, admitted 13 new partners and promoted 12 professionals to managing directors. These appointments and promotions are effective August 1, 2024.

Seth Siegel, CEO of Grant Thornton Advisors LLC, emphasizes that the newly named leaders will serve clients with excellence and propel Grant Thornton forward at a poignant moment for the firm.

Poignant, that’s a new word for them. At least we got one familiar DYNAMIC among all this word salad.

Thanks for internalizing last year’s criticism and giving the people what they want, Seth.

Audit wins the PPMD race by a long shot with 44% of the newly promoted peeps coming from there and the only service line to have any new partners. Coming in second — and reminder, this is a separate entity — is tax with 27% followed by advisory at 20% and internal services at 9%.

New PPMDs at Grant Thornton LLP (the audit business):

NameTitleAreaMarket
Alex BanezPartnerAuditLos Angeles
Sydney BeenManaging DirectorAuditWichita, Kan.
Caryn BlackwellPartnerAuditDallas
Denny ChildressManaging DirectorAuditPhoenix
Kevin DawsonPartnerAuditNew York City
Eric ElbergManaging DirectorAuditNew York City
Adrian GaffneyPartnerAuditTampa, Fla.
Pat GrubbPartnerAuditDallas
Andrew HerrickManaging DirectorAuditPhoenix
Marcy JohnsonPartnerAuditMetro D.C.
Joe KilkennyPartnerAuditSan Francisco
Sara KruegerPartnerAuditDetroit
Peter LadasPartnerAuditIselin, N.J.
Dan MuellerPartnerAuditFort Lauderdale, Fla.
Ross RamsourPartnerAuditHouston
Matthew RodriguezManaging DirectorAuditNew York City
Mike SchmidtManaging DirectorAuditNew York City
Laura SchuetzePartnerAuditChicago
Sandra SeymoreManaging DirectorAuditPittsburgh
Allison SmithManaging DirectorAuditChicago
Grant SpannuthManaging DirectorAuditDenver
Destinee SwansonManaging DirectorAuditJacksonville, Fla.
Nate WandelPartnerAuditChicago
David WeberManaging DirectorAuditBellevue, Wash.
J.B. YettManaging DirectorAuditDallas

New PPMDs at Grant Thornton Advisors (the PE side of the business that they will remind you multiple times is a totally different business from the attest side):

NameTitleAreaMarket
Jason AndersonManaging DirectorInternal ServicesChicago
Omri AvdiPrincipalInternal ServicesOrange County, Calif.
Tracey BairdPrincipalTaxHouston
Monica BamburyManaging DirectorTaxBellevue, Wash.
Renee CahillManaging DirectorTaxChicago
Colin CrawfordManaging DirectorAdvisoryPhiladelphia
Fletcher DavidsonManaging DirectorInternal ServicesTampa, Fla.
Mike Del MedicoManaging DirectorTaxCleveland
Oliver DennisonPrincipalAdvisoryCharlotte, N.C.
Jeff EichingerManaging DirectorTaxChicago
Justin FergusonPrincipalTaxMetro D.C.
Patrick FoosManaging DirectorAdvisoryCharlotte, N.C.
Kelly GranadoManaging DirectorTaxHouston
Eileen LeyhaneManaging DirectorTaxDetroit
Catherine LoveManaging DirectorTaxBoston
Katie MacQuiveyPrincipalAdvisoryBellevue, Wash.
Adam MartinsonManaging DirectorTaxCleveland
Lindsay MillerManaging DirectorTaxOrange County, Calif.
Mani MuthappanManaging DirectorAdvisoryBoston
Matt NelsonPrincipalAdvisoryCharlotte, N.C.
Ryan NodalManaging DirectorTaxOrange County, Calif.
Mark OwensManaging DirectorAdvisoryPhiladelphia
Brian PapsunPrincipalTaxPhiladelphia
Leena PatelManaging DirectorInternal ServicesMetro D.C.
Sam SalhaManaging DirectorAdvisoryBellevue, Wash.
Diana SchuetzManaging DirectorInternal ServicesBellevue, Wash.
Guinevere Seaward ShorePrincipalTaxMetro D.C.
Supreet SinghManaging DirectorAdvisoryHouston
Peter StieglerManaging DirectorAdvisoryMinneapolis
Rick StrasserManaging DirectorAdvisoryMetro D.C.
Ray VizzaPrincipalTaxChicago

New this year thanks to private equity is the following disclaimer at the bottom of the promotions press release:

“Grant Thornton” is the brand for two professional-services entities: Grant Thornton LLP, a licensed, certified public accounting (CPA) firm that provides audit and assurance services ― and Grant Thornton Advisors LLC (not a licensed CPA firm), which exclusively provides non-attest offerings, including tax and advisory services. With revenues of $2.4 billion for the fiscal year that ended July 31, 2023, and dozens of offices nationwide, Grant Thornton represents a community of almost 10,000 problem solvers, relationship builders, and industry specialists who know that how we serve matters as much as what we do.

Grant Thornton LLP, Grant Thornton Advisors LLC and their respective subsidiaries operate as an alternative practice structure (APS). The APS conforms with applicable laws, regulations and professional standards, including those from the American Institute of Certified Public Accountants.

Grant Thornton LLP and Grant Thornton Advisors LLC serve as the U.S. member firms of the Grant Thornton International Ltd (GTIL) network. GTIL and its member firms are not a worldwide partnership and all member firms are separate legal entities. Member firms deliver all services; GTIL does not provide services to clients.

Congrats to all.

Grant Thornton names 56 new partners, principals and managing directors [Business Wire]

3 thoughts on “Promotion Watch ’24: 56 People Rise to the Top of the Heap at Grant Thornton*

  1. Revenue continues to climb and the collective group promotes the fewest number of partners since 2010? Half of the 2024 class size?

  2. Congratulations to this DYNAMIC group of GT professionals who used their INSTINCT FOR GROWTH and WHOLE SELVES to penetrate the GT Firm Members group!!! Hopefully the PE insertion will engorge these firm members with an even greater INSTINCT FOR GROWTH to penetrate new DYNAMIC CHOSEN MARKETS!!!

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