Please ensure Javascript is enabled for purposes of website accessibility

Grant Thornton Poaches Someone From KPMG and Issues a Press Release, Part II

Posted on by Jason Bramwell

In the comment section of an article we posted on May 10 about a managing director and a partner recently fleeing KPMG to join Grant Thornton’s Corporate Value Consulting practice, we got a tip that the Purple Rose of Chicago recently poached KPMG again—Candice Turner left the HoK to join GT as a principal in the firm’s M&A Tax Services practice in New York City.

Candice Turner

While Grant Thornton hasn’t yet officially issued a press release welcoming Turner to the House of McGuire, an internal memo announcing her arrival must have been sent around, as Turner posted it to her LinkedIn profile.

And that’s good enough for us.

The announcement, titled “Candice Turner, Principal, joins the Northeast M&A Tax Services Practice,” was signed by David Platt, managing partner, Northeast Region; Ken Seel, Tax practice leader, Northeast Region; and Chris Schenkenberg, national managing partner, M&A Tax Services.

It says:

Team,

I am pleased to announce that Candice Turner, Principal, has joined Grant Thornton in our M&A Tax Services business line, and is based in the Manhattan office.

Candice has more than 20 years of public accounting and private industry experience. Prior to joining Grant Thornton, Candice was a Principal in the M&A practice of KPMG. Candice was previously a Partner at the law firm Davies Ward Phillips & Vineberg, a Trial Attorney with the Department of Justice Tax Division in Washington DC, and an attorney with Shearman & Sterling.

Candice has advised clients with respect to all US and international tax matters. She has represented funds, sovereigns, foreign pensions and consortiums on investments, acquisitions, refinancings, and exit strategies across various asset classes, including infrastructure, real estate, private equity and public capital markets.

Candice has also authored many articles and publications on international tax and is an active leader in international tax organizations.

Candice is an attorney with a JD and an LLM in taxation (NYU School of Law) and a B.S. in Mathematics and English (University of Alabama).

Please join us in welcoming Candice to the Northeast Tax Team, and to Grant Thornton.

Turner joined KPMG in November 2015, according to her LinkedIn page. And you can read more about Turner on her KPMG profile, which hasn’t been taken down yet.

There’s been quite a bit of competitive poaching between these two firms recently. Let’s see if it continues.

Related articles:

KPMG Poaches Someone From Grant Thornton and Issues a Press Release, Parts I and II
Grant Thornton Poaches Two People From KPMG and Issues a Press Release, Part I

Related Posts

Anonymously Bashing Your Boss Must Have Worked as Grant Thornton U.K. CEO Is Calling It Quits

A small group of Grant Thornton U.K. partners must have been grinning from ear to […]

Promotion Watch ’11: Grant Thornton Admits 26 New Partners and Principals

Apparently everyone’s email at the Purple Rose of Chicago is broken because I had to learn about this from a press release.

Grant Thornton LLP, the U.S. member firm of Grant Thornton International Ltd, one of the six global audit, tax and advisory organizations, admitted 26 new partners and principals to the firm, effective August 1. These partners and principals are based throughout the firm’s offices across the country.

Partners and principals admitted to the firm are thought leaders upon whom the firm relies to provide personalized attention in serving clients. These professionals have demonstrated consistently their extraordinary ability to understand and meet the needs of client companies and industries. They have also demonstrated long-term leadership in the accounting profession and the community.

“These professionals have demonstrated extraordinary client service, driving value for the dynamic firms we serve,” said Stephen Chipman, Grant Thornton’s CEO. “These leaders exemplify Grant Thornton’s mission of making a difference – to our colleagues, our clients, our profession and our communities.”

It’s also strange that no one from GT has dropped any news regarding compensation discussions as this is about the time we should start hearing it or sayeth comments from the last post on the subject. Anyway, give the new partners a slap on the back or at least a nice note.

Could Detroit Become One of Grant Thornton’s New Dynamic Clients?

Maybe! At this point, what harm would it do?

In Detroit, the largest city in [Michigan], the upcoming budgeting process carries an implicit threat: If local politicians can’t convince the state they have what it takes to repair the city’s finances, the state could appoint an outside official to do the job for them. The city has already hit several of the triggers to initiate the process that could install an emergency manager, say local politicians, who are scrambling to keep the city government out of receivership.

But would-be emergency managers say they can succeed where elected officials have failed. They stand to draw six-figure salaries from the local governments under their management, but some talk about this work as if it were a civic duty.

“We feel very strongly that not only is there a business opportunity here, but we want to be part of a solution for the greater good,” said Michael Imber, a principal in Grant Thornton LLP’s corporate advisory and restructuring services practice in New York. “We’re absolutely ready to help.”

Finance Professionals Eye Detroit And Other Strapped Michigan Cities For Emergency Manager Takeover [HP]