Paul Eagland will replace Simon Michaels as BDO's managing partner on 1 October
LONG-STANDING BDO partner Paul Eagland has been confirmed as the top six firm’s managing partner-elect following a vote by all its partners.
He is to replace the outgoing Simon Michaels, who will complete his second and final four-year term on 1 October.
Eagland (pictured) has been a member of BDO’s leadership team since 2008 and has held a number of senior leadership positions, including head of national tax, head of national audit and, most recently, head of national professional services. He has been at BDO for 29 years.
Under Michaels’ reign, BDO undertook one of biggest mergers in recent years when in 2013 it absorbed PKF.
BDO’s UK revenues have grown over 40% in the last three years and are now approaching £400m, with the firm employing nearly 3,500 people in 18 UK offices.
Eagland said: “I am excited about leading this business as we continue to support our people and invest in new technology and services. But no one has a monopoly on good ideas: my first step as managing partner-elect will be to engage with the business, listen to our people and learn.
“As well as spending time listening to our people I will be working with our clients. Understanding the market they operate in, and the challenges they face, will help me cement our position as the best advisers to the mid-market. The economic influence of our client base is huge and it’s up to us to help them thrive.”