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Grant Thornton Poaches Someone From PwC and Issues a Press Release, Part I

Posted on by Jason Bramwell

Aug. 10 was a big day for the PR team at Grant Thornton in the Cayman Islands because they actually had some news to write about. They hadn’t sent out a news release since June 12. But after GT nabbed a director from PwC in the Caymans, the firm actually gave its PR team something to do:

Sherri Fleming joins the firm as a Director in our audit practice, specialising in the audit of alternative investment Funds. Sherri brings with her nearly 20 years of experience in the audit industry, the last 14 of which have been in the Cayman Islands. Her role as a Director sees her leading audit engagements, building and developing client relationships, coaching and mentoring her teams, and taking part in industry related webinars focusing on the evolving landscape of asset management in the Cayman Islands.

We haven’t been able to dig up much other information about Fleming, other than what’s in her profile on PwC Cayman Islands’ website, which is still active. Do they even know she left? Here P. Dubs, we’ll give you some proof that she’s on the purple team now:According to her PwC profile, Fleming is a member of the Chartered Professional Accountants of Canada, a CPA in the state of Illinois, and is a member of the Cayman Islands Institute of Professional Accountants.

We’ll keep an eye out for GT Caymans’ next news release, which at this rate will be sent out around Oct. 10ish.

[GT Cayman Islands]

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Mr Anderson also wrote that he has spoken to Grant Thornton, “Since we last had the all partner webinar, there have been no substantive discussions with GT – I say no substantive discussions because I have been at an AICPA major firms meeting where I not only had casual discussions with the GT leadership team, but I had similar discussions with the leadership of most of the 30-50 largest CPA firms in the country, exclusive of the Big 4.”

So you can interpret things like, “no substantive discussions with GT” and “casual discussion with the GT leadership team” how you like but Mr Anderson made himself a little clearer near the end of the email, “I can absolutely assure you that while we have had discussions with a large number of firms (of all sizes) over the past 12 months […] there are currently no negotiations under way with any firm regarding merger. But I can also tell you that I and other [Executive Committee] members will be talking to some west coast firms over the next several weeks.”

Moss Adams has not responded to our most recent request for comment. Grant Thornton sent back our carrier pigeon with it’s head cut off (very Chicago), which is the closest thing resembling a response that we’ve ever received from the firm. We’ll keep you updated.