Jeremy Newman could fit for RSM Tenon

by Kevin Reed

More from this author

30 Apr 2012

  • Comments
Jeremy Newman

The process to bring fresh blood in at board level for RSM Tenon continues.

Chairman Adrian Martin is to step down, having seen in a new CEO and CFO.

Michael Findlay, a non-executive and deputy chairman, is also set to leave.

RSM Tenon will then have former chairman Bob Morton as a non-exec, plus John Newman, alongside the two execs.

Obviously more board members will brought in. But who?

It's unlikely that RSM Tenon's lenders LloydsTSB will look to push someone on board.

The bank already has its firefighter Donald Muir involved in the firm's restructuring process.

The big question is who will take on the chairman role?

An obvious candidate must surely be former BDO International chief Jeremy Newman. He has held a consultancy role at RSM Tenon in recent weeks, as it considers its options. What those options are is moot, but it is likely to include selling individual offices, or even chunks of its service lines. We know for sure that a 10% reduction in its workforce is ongoing.

Having met with Jeremy a few weeks back, he didn't strike me as someone looking to spend his time tending the garden. But whether he has the appetite to take on another big job in a firm is another matter.

Then again, what is effectively a part-time role might fit with other commitments he's looking to make.

We'll have to wait and see. But he knows his onions, having led great change at BDO, and I think he'd make a good choice.

Visitor comments

blog comments powered by Disqus

Add your comment

We won't publish your address

By submitting a comment you agree to abide by our Terms & Conditions

Your comment will be moderated before publication

  • Send

Charterhouse Accountants

Finance Officer

Charterhouse Accountants, Beaconsfield, Permanent, Full Time, £ Competitive




Get the latest financial news sent directly to your inbox

  • Best Practice
  • Business
  • Daily Newsletter
  • Essentials


Search for jobs
Click to search our database of all the latest accountancy roles

Create a profile
Click to set up your profile and let the best recruiters find you

Jobs by email
Sign up to receive regular updates with the latest roles suitable for you



Why budgeting fails: One management system is not enough

If budgeting is to have any value at all, it needs a radical overhaul. In today's dynamic marketplace, budgeting can no longer serve as a company's only management system; it must integrate with and support dedicated strategy management systems, process improvement systems, and the like. In this paper, Professor Peter Horvath and Dr Ralf Sauter present what's wrong with the current approach to budgeting and how to fix it.


iXBRL: Taking stock. Looking forward

In this white paper CCH provide checklists to help accountants and finance professionals both in practice and in business examine these issues and make plans. Also includes a case study of a large commercial organisation working through the first year of mandatory iXBRL filing.