More NewsMathias a hot tip for BDO succession

Mathias a hot tip for BDO succession

Senior partner Dermot Mathias tipped to take over from Jeremy Newman as BDO managing partner, but it's not a shoo-in say insiders

Senior partner Dermot Mathias is the leading candidate to take over from BDO
Stoy Hayward boss Jeremy Newman next year, leading industry figures have
suggested.

Newman moves from his current role as national managing partner to serve as
CEO of the international network from October 2008.

‘Mathias would be my first choice, he has been around the circuit and knows
the firm well. I would be very surprised if it wasn’t him as he sticks out like
a sore thumb,’ said Phil Shohet of professional services consultancy Kato.

But he is far from a shoo-in for the job, BDO insiders said.

Newman came into the top job from BDO’s management executive team and had not
served as senior partner. It is unclear whether Mathias would make what some
would see as a sideways move from senior partner to managing partner. But Newman
has given the position of managing partner a high profile with his challenge to
the Big Four.

The current executive consists of the senior partner, managing partner and
his team of partners: head of operations for London Tony Perkins; head of
operations for the regions Carl Williams; and finance partner Mark Sherfield.
All three could also be candidates for the job.

Newman’s replacement will have big boots to fill. Last year’s Accountancy Age
Personality of the Year has seen the firm increase income to £317m over the past
six years.

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