*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:
- 2024: 22
- 2023: 43
- 2022: 38
- 2021: 46
- 2020: 30
- 2019: 42
- 2018: 32
- 2017: 39
- 2016: 47
- 2015: 50
- 2014: 32
- 2013: 30
- 2012: 27
- 2011: 26
- 2010: 22
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):
Name | Title | Area | Market |
Alex Banez | Partner | Audit | Los Angeles |
Sydney Been | Managing Director | Audit | Wichita, Kan. |
Caryn Blackwell | Partner | Audit | Dallas |
Denny Childress | Managing Director | Audit | Phoenix |
Kevin Dawson | Partner | Audit | New York City |
Eric Elberg | Managing Director | Audit | New York City |
Adrian Gaffney | Partner | Audit | Tampa, Fla. |
Pat Grubb | Partner | Audit | Dallas |
Andrew Herrick | Managing Director | Audit | Phoenix |
Marcy Johnson | Partner | Audit | Metro D.C. |
Joe Kilkenny | Partner | Audit | San Francisco |
Sara Krueger | Partner | Audit | Detroit |
Peter Ladas | Partner | Audit | Iselin, N.J. |
Dan Mueller | Partner | Audit | Fort Lauderdale, Fla. |
Ross Ramsour | Partner | Audit | Houston |
Matthew Rodriguez | Managing Director | Audit | New York City |
Mike Schmidt | Managing Director | Audit | New York City |
Laura Schuetze | Partner | Audit | Chicago |
Sandra Seymore | Managing Director | Audit | Pittsburgh |
Allison Smith | Managing Director | Audit | Chicago |
Grant Spannuth | Managing Director | Audit | Denver |
Destinee Swanson | Managing Director | Audit | Jacksonville, Fla. |
Nate Wandel | Partner | Audit | Chicago |
David Weber | Managing Director | Audit | Bellevue, Wash. |
J.B. Yett | Managing Director | Audit | Dallas |
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):
Name | Title | Area | Market |
Jason Anderson | Managing Director | Internal Services | Chicago |
Omri Avdi | Principal | Internal Services | Orange County, Calif. |
Tracey Baird | Principal | Tax | Houston |
Monica Bambury | Managing Director | Tax | Bellevue, Wash. |
Renee Cahill | Managing Director | Tax | Chicago |
Colin Crawford | Managing Director | Advisory | Philadelphia |
Fletcher Davidson | Managing Director | Internal Services | Tampa, Fla. |
Mike Del Medico | Managing Director | Tax | Cleveland |
Oliver Dennison | Principal | Advisory | Charlotte, N.C. |
Jeff Eichinger | Managing Director | Tax | Chicago |
Justin Ferguson | Principal | Tax | Metro D.C. |
Patrick Foos | Managing Director | Advisory | Charlotte, N.C. |
Kelly Granado | Managing Director | Tax | Houston |
Eileen Leyhane | Managing Director | Tax | Detroit |
Catherine Love | Managing Director | Tax | Boston |
Katie MacQuivey | Principal | Advisory | Bellevue, Wash. |
Adam Martinson | Managing Director | Tax | Cleveland |
Lindsay Miller | Managing Director | Tax | Orange County, Calif. |
Mani Muthappan | Managing Director | Advisory | Boston |
Matt Nelson | Principal | Advisory | Charlotte, N.C. |
Ryan Nodal | Managing Director | Tax | Orange County, Calif. |
Mark Owens | Managing Director | Advisory | Philadelphia |
Brian Papsun | Principal | Tax | Philadelphia |
Leena Patel | Managing Director | Internal Services | Metro D.C. |
Sam Salha | Managing Director | Advisory | Bellevue, Wash. |
Diana Schuetz | Managing Director | Internal Services | Bellevue, Wash. |
Guinevere Seaward Shore | Principal | Tax | Metro D.C. |
Supreet Singh | Managing Director | Advisory | Houston |
Peter Stiegler | Managing Director | Advisory | Minneapolis |
Rick Strasser | Managing Director | Advisory | Metro D.C. |
Ray Vizza | Principal | Tax | Chicago |
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]
Revenue continues to climb and the collective group promotes the fewest number of partners since 2010? Half of the 2024 class size?
The PE group is “the other half.’
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!!!