A couple of months ago, we reported that a partner and a principal bolted Grant Thornton earlier this year for the blue-and-white confines of KPMG, one of whom actually left and came back to the House of Klynveld. Well, it looks like the Purple Rose of Chicago has turned the tables on KPMG.
Grant Thornton LLP has added two key professionals to its Corporate Value Consulting practice within Transaction Services. Managing Director Brad Edwards and Principal Tim Frehner recently joined the firm, based in Seattle and San Francisco, respectively.
Edwards has nearly 20 years of professional experience spanning corporate finance consulting; financial analysis; and valuation of businesses, intangible assets and complex securities across a range of industries. Before joining Grant Thornton, he was a managing director in KPMG’s Houston office.
Frehner’s more than 20 years of experience includes corporate finance consulting; financial analysis; and business, complex securities and intangible asset valuation. His work touches multiple industries with a heavy focus on the technology sector. He also joins Grant Thornton from KPMG, where he was a managing director in the Silicon Valley office.
According to Edwards’ LinkedIn profile, he joined GT in February. And the funny thing is, he’s been poached by rival firms a few times now in his accounting career. He spent the first 10 years of his career at Deloitte, but in 2010, he left to join EY. Edwards stayed at EY for two years before he was poached by KPMG, where he worked for the past six years or so.
Frehner worked for KPMG for a little more than seven years before joining the House of McGuire in January, according to his LinkedIn profile. He started his career in the late ’90s with PwC.
I don’t know how often in the past these two firms have hired employees away from each other. I couldn’t find anything on the site that Caleb or Adrienne had posted in the past. So maybe this is the start of a new (or rekindling an old) rivalry?
KPMG Poaches Someone From Grant Thornton and Issues a Press Release, Parts I and II