Business and financial adviser Grant Thornton has appointed Sacha Romanovitch as its new CEO, effective June 2015. Romanovitch succeeds Scott Barnes, who in turn will take on the role of Chairman of the Grant Thornton International Board.
Sacha Romanovitch has been with Grant Thornton for more than two decades, joining the firm in 1990 after she graduated with a MA in Chemistry from the University of Oxford. During her tenure, she has held a series of varying roles within both the accounting, audit and consulting practices. Between 2002 to 2007 she led the London Audit and Tax practice, and more recently she led Grant Thornton's Advisory business in London, the largest and fastest growing part of the firm. Romanovitch has been part of the leadership team since 2008, with the remit for developing the firm’s people and culture.
Per June 2015 Romanovitch has been elected the new CEO, succeeding Scott Barnes, who leads the firm since 2008 and currently is serving his final term*. Under Barnes’ leadership Grant Thornton has had a strong spell, achieving revenues of more than £500 million in the past fiscal year, granting Romanovitch the challenging tasking of continuing the growth momentum. Commenting on the change of leadership, Barnes says: “I'm delighted to confirm that Sacha will be leading the firm from next summer. We set out a clearly defined strategy for growth, Ambition 2015, three years ago and she is the right person to take this forward.”
In the coming six months Barnes and Romanovitch will work closely together to ensure a smooth handover of external and internal responsibilities. Barnes, who has been with the advisory company since 1994, will remain active within the firm, and takes on the role of Chairman of the Grant Thornton International Board.
"I have worked closely with Scott on his board for the last seven years, and am exhilarated to be taking over the great work he has already achieved,” says Romanovitch.
* Prior to being named CEO, Barnes was head of Advisory in the UK and then global head of Advisory.