Record Number of Partnership Admissions for PricewaterhouseCoopers

PricewaterhouseCoopers today announced the admission of 12 new partners to the New Zealand partnership. This is a record number of partners to be admitted at any one time. There are now 106 full equity partners in the firm, further cementing its position as the market leader in New Zealand.

John Shewan, Chairman of PricewaterhouseCoopers New Zealand, said the number of partners admitted in recent years was “a strong testament” to the firm’s commitment to develop and challenge its outstanding people.  “It also demonstrates a determination to continue growing PricewaterhouseCoopers, not only in terms of the scope of the services we provide to clients, but also our market share,” he said.

Warwick Hunt, Chief Executive Officer of PricewaterhouseCoopers New Zealand, said the energy and experience of the new admissions would play an important part in the firm’s future.  “We are committed to delivering a distinctive experience to our clients and our people – and these 12 new partners will have a major role to play in helping us build yet further in the market,” he said.

The new appointments take effect from 1 July 2007. The 12 new partners are:

  • Andrew Bayly (Private Clients, Napier) – Andrew has played a key role in the development of the Napier office. He has expertise in advising large privately owned companies in the Hawke’s Bay region. His previous roles have included running his own business and working as an accountant in London.
  • Anthony Boswell (Business Recovery, Auckland) – Anthony’s focus is on providing independent reports, restructuring advice, and receivership or liquidation services to companies that are in financial distress. He has been at PwC for 12 years, including a 4-year stint in Hong Kong.
  • Karl Dwight (Corporate Finance, Auckland) – Karl is responsible for all aspects of acquisition and divestment issues for clients including valuations, corporate strategy reviews and corporate restructuring advice. His experience includes time in Michigan working for a public company.
  • Murray Harrington (Business Assurance, Christchurch) – Murray  is responsible for a broad range of business assurance and financial advisory clients, including the provision of internal audit advice. He has previously been an owner and director of a private company.
  • Malcolm Hollis (Business Recovery, Christchurch) - Malcolm works in the areas of business recovery and advises middle market clients throughout the South Island. He has played a critical role in developing the firm’s insolvency practice since he joined PwC in July 2006.
  • David Lamb (Financial Services Tax, Auckland) – David has considerable experience in a number of areas of tax including life and general insurance, and trusts. He has been at PwC since 1998.
  • Justin Liddell (Corporate Finance, Auckland) – Justin has been at PricewaterhouseCoopers for 12 years, including 5 years in the UK. He provides specialist advice on the valuation of businesses, equity and intangible assets.
  • Mike Morgan (M&A Tax, Auckland) – Mike provides practical advice to tax clients, in particular those involved in deals. He has had close involvement in the firm’s work in the area of tax policy and has been at PwC for 12 years, three of those in London.
  • Sam Shuttleworth (Financial Assurance, Auckland) – Sam is an expert in the audit area, with a focus on financial services. He has a deep understanding of audit methodologies, accounting issues and IFRS. Sam joined PwC in 1995.
  • Jill Somerfield (Corporate Tax, Auckland) – Jill returned to the firm in May 2006 having first joined PwC in Manchester in 1988. She is an expert in tax consulting and compliance assignments, renowned for her technical excellence and understanding of clients’ needs.
  • Chris Taylor (Corporate Finance, Auckland) – Chris is primarily focused on the energy and utilities sectors, including climate change and renewable generation. He advises clients in areas such as M&A, valuation, strategy and the regulatory environment. He has been with PwC for 16 years, including experience in London and Sofia (Bulgaria).
  • Elly Ward (Corporate Tax, Wellington) – Elly is a recognised specialist on the tax implications of financial arrangements, tax structuring and IFRS. She has been with PwC in New Zealand since transferring from the UK to the Auckland office in 2000.

NOTES FOR EDITORS

1. Contact:

Paul Ford, Communications Manager
PricewaterhouseCoopers
Ph (04) 462 7602 or (021) 363 854
Email: paul.s.ford@nz.pwc.com

2. About PricewaterhouseCoopers:

PricewaterhouseCoopers (www.pwc.com) provides industry-focused assurance, tax and advisory services to build public trust and enhance value for its clients and their stakeholders. More than 130,000 people in 148 countries work collaboratively using Connected Thinking to develop fresh perspectives and practical advice. (“PricewaterhouseCoopers” refers to the network of member firms of PricewaterhouseCoopers International Limited, each of which is a separate and independent legal entity.)

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