E&Y poaches Watson from PwC to beef up restructuring team

Ernst & Young has hired Lee Watson as a partner, poaching the business
recovery specialist from PricewatehouseCoopers.

Watson appointment comes as part of the firm’s efforts to beef up its
restructuring arm as difficulties in global credit markets and sluggish economic
conditions see businesses look to shore themselves up.

Watson joins Ernst & Young after 12 years with PwC. Alan Bloom, Global
head of Restructuring said: ‘I am delighted that Lee has joined our
Restructuring team. His appointment shows our continued dedication to increasing
our European presence in restructuring.

‘He is a proven restructuring advisor who has worked on many high profile
complex restructurings and brings with him a good market network. I have no
doubt he will make a difference to our practice, which continues to grow from
strength to strength.’

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