In today’s edition of “Big 4-on-Big 4 Poaching From Around the World,” we’re focusing on the strategy consulting arms of PwC and EY in Australia, as Miles Tam recently left PwC’s Strategy& as a director to join the partnership at EY Port Jackson Partners.
In addition, EY Port Jackson Partners lured Chris Paxton away from PwC.
What the hell is EY Port Jackson Partners? I had to look it up because I had no clue. Apparently EY bought Port Jackson Partners last June and added its team of principals and directors to its global strategy consulting practice EY-Parthenon, which if you recall was ranked the best Big 4 consulting practice to work for in 2021 by Vault.
EY Port Jackson Partners went on a hiring spree recently, adding four new partners, including Tam, who joined PwC in Australia in May 2009, and Paxton, who had worked for P. Dubs since 2014.
The website Consultancy.com.au reported on what Tam brings to the table:
Miles Tam has been working in consulting his entire career. After working for Accenture and Australian boutique Mainsheet (corporate advisory), he joined PwC in 2009. Over the past decade he has served the firm’s Strategy and Deals practices, and more recently joined Strategy& (which formed after PwC acquired Booz & Company).
Tam specialises in corporate and business unit strategy for ASX 250 companies and commercial due diligence for private equity firms, with a focus on clients in the consumer goods, logistics, mining, manufacturing, telecommunications, aviation and pharmaceuticals sectors.
Paxton currently heads retail and consumer advisory for Strategy& and is also a deals partner at PwC, according to the Australian Financial Review, which added that Paxton will join EY in the middle of this year.
Once he gets to EY Port Jackson Partners, “Paxton will focus on engagements in the retail and consumer sectors, and the firm’s commercial due diligence offering—his track record includes delivering over 200 buy and sell side engagements for local and international private equity clients,” according to Consultancy.com.au.
Strategy consultancy EY Port Jackson Partners hires new partners [Consultancy.com.au]
Former top Victorian health bureaucrat Kym Peake joins EY [Australian Financial Review]