PracticePeople In PracticePWA shake-up following acquisition by Great Plains.

PWA shake-up following acquisition by Great Plains.

The PWA Group has completed a management shake-up following its $387m (#255m) acquisition by Great Plains - while chief executive officer Paul Wallace has announced his intention to remain with the company, writes Alex Miller.

PWA founder Wallace headed up the restructuring but was widely tipped to leave after the acquisition. However, he moved firmly last week to quash the rumours.

Wallace said of his expected departure: ‘I am not going anywhere and was not even aware of the rumours until recently.’

He added the restructuring was essential in order to move the company forward.

‘PWA will be leading the global HR and payroll product strategy for Great Plains. To do this effectively we need to maximise company strengths, like using multi-disciplinary regional teams to keep close and responsive to our customers.

‘Yet we also need to make positive adjustments like providing greater role clarity to increase our teams’ focus.’

Meanwhile fellow PWA founder Geoff Burch has been seconded from the commercial director position to general manager of HR/payroll for Great Plains global product team – becoming the first product general manager to work from Marlow.

PWA has also admitted it will change its name to Great Plains in the long term. But it is thought the company will first change its name to Great Plains/PWA.

The March acquisition of PWA – the parent company of PWC Personnel Systems – was designed to allow the companies to ‘offer a one-stop shop for integrated e-business software solutions to the mid-market’.

Related Articles

Is inefficiency stealing your time and money?

Accounting Firms Is inefficiency stealing your time and money?

6m Emma Smith, Managing Editor
CIMA elects new president

Institutes CIMA elects new president

6m Emma Smith, Managing Editor
Transparent currency trade: How to achieve costs visibility

Governance Transparent currency trade: How to achieve costs visibility

6m Emma Smith, Managing Editor
Introduction to KPMG UK’s new leadership team

Accounting Firms Introduction to KPMG UK’s new leadership team

6m Emma Smith, Managing Editor
EY appoints head of UK Infrastructure Asset Intelligence practice

Accounting Firms EY appoints head of UK Infrastructure Asset Intelligence practice

8m Emma Smith, Managing Editor
FRP Advisory expands operation with new office, partner appointments

Accounting Firms FRP Advisory expands operation with new office, partner appointments

10m Emma Smith, Managing Editor
Magma Group announces merger, partner promotions

Accounting Firms Magma Group announces merger, partner promotions

10m Emma Smith, Managing Editor
MHA MacIntyre Hudson advises on management buy-out

Accounting Firms MHA MacIntyre Hudson advises on management buy-out

10m Emma Smith, Managing Editor