Around 65 Robson Rhodes partners joined Grant Thornton when the merger deal
was struck in July 2007. So far, 20 have stepped down from their positions,
according to data available from Companies House. They were among 67 partners to
resign from GT since the merger.
GT said six of the Robson Rhodes partners who had resigned were still working
in the business as directors or on a consultancy basis.
Robson Rhodes had 85 partners in 2006, according to their last separate entry
in the Accountancy Age Top 50 of that year.
‘Naturally the merger meant change – partners from both legacy firms have
since retired, others stayed with Grant Thornton as directors or consultants and
some have chosen to pursue their careers elsewhere,’ said a GT spokesman. ‘In
the vast majority of cases, these changes to the partnership have been achieved
perfectly amicably and suit the needs of both the individual and the firm.’
Phil Shohet, a director at professional services advisers
KATO, said: ‘In general,
most of the weeding out of partners is done pre-merger but, if an acquisition
has financial difficulties and the deal is struck quickly, not all the issues
can be dealt with at the time.’
Former CIoT president Stephen Coleclough was sentenced to 14 months in prison, suspended for two years.
Smith & Williamson announce appointment of former EY worker John Cooney as partner, ten years after leaving the firm
Burnet is currently the head of KPMG’s Financial Services team in Scotland
According to Robert Half’s annual FTSE 100 CEO Tracker, one in four FTSE 100 bosses hold accounting qualifications