McGladrey & Pullen Completes Purchase of RSM McGladreyNames national and regional leadersMINNEAPOLIS (December 1, 2011) – McGladrey & Pullen, LLP announced today that it has completed the acquisition of RSM McGladrey, Inc. from H&R Block, Inc., and is returning to a traditional partner-owned CPA firm structure. McGladrey, the fifth largest U.S. assurance, tax and business consulting firm, also named national and regional leaders. “Today marks a significant milestone for McGladrey,” said Joe Adams, managing partner and CEO for McGladrey. “As a reunited firm, we can effectively and efficiently provide our clients with seamless access to world-class resources to drive their success. Growing organizations — from owner-managed businesses to public companies and national nonprofits — have unprecedented challenges and opportunities in the face of new regulations, economic uncertainty and globalization. McGladrey has deep understanding of the issues these organizations face and unparalleled experience to help them reach their goals.” In the past 18 months, McGladrey has opened a national tax office in Washington, D.C., realigned its business consulting services, launched a new brand and opened various international service desks to support its domestic clients with international operations and foreign clients looking to expand into the U.S. “McGladrey is building on a foundation of strength, and we will continue to make significant investments in talent and in our brand,” said Adams. “In November alone, we hired more than 450 entry-level assurance and tax professionals, and we renewed our sponsorship of The McGladrey Classic – a PGA TOUR Fall Series event.” FIRM LEADERS NAMED Concurrent with its return to a traditional CPA firm structure, McGladrey named a leadership team to oversee its strategy and primary lines of business. “The management team includes proven McGladrey leaders such as Mike Kirley, who led the firm’s international growth strategy; Doug Opheim, who led the acquisition financing team; Jim Morton, who introduced operational efficiencies and new technologies into our assurance practice; Jeff Johannesen, who has been instrumental in growing McGladrey’s tax business in the West; and Gary Sturisky, who has built a top-notch consulting practice since joining as its national leader in July 2010,” said Adams. The national leadership team will be composed of:
In addition to the national leadership team, five regional leaders will oversee the firm’s local markets:
“McGladrey’s deep technical and industry sector knowledge is spread throughout the firm’s regions, so clients can receive the insights they need when and where they need them,” said Mike Kirley, chief operating officer for McGladrey. “Bill, Tom, David, Kevin and Don will lead regional teams to provide clients with a strong ‘local touch,’ while also taking advantage of our firm’s national and international reach.” About McGladrey |