Former Grant Thornton US CEO Stephen Chipman takes over at Radius

07 June 2016 Consultancy.uk

Radius, a US-based provider of software solutions, has named former Grant Thornton US CEO Stephen Chipman as its new CEO. Chipman, who succeeds Chris Stone, will be based in the company’s Boston headquarters.

With over 800 employees based in offices in the US, the UK, Brazil, China, India, Japan and Singapore, Radius is one of the larger advisory and technology firms that supports clients with global expansion services and solutions. The company, formed in 2014 through the merger of Nair & Company and High Street Partners, serves over 600 clients operating in 110 countries around the world. The Boston-headquartered firm has seen rapid growth in recent years, and is backed by among others HgCapital (the private equity business that purchased Nair & Co. in August 2013), Silicon Valley Bank and Lloyds.

“We’ve established Radius as a recognised expert in helping US-based companies expand internationally,” says Chris Stone, who has been at the helm of Radius since the summer of 2013, landing the top job after previously serving as CEO of Nair & Company. Three years in the role, Stone has decided to step down as CEO, but will remain a member of Radius’ board of directors. Stephen Chipman, the former CEO of Grant Thornton in the US, has been named his successor, and been tasked with further expanding Radius’ international footprint. “Our growth opportunity is significant,” comments Chipman.

During his 34-year tenure with Grant Thornton, Chipman held leadership positions in Europe, North America and Asia. He served as the firm’s Senior Vice Chairman, CEO of Grant Thornton China Management Corporation – where he helped create a single national Chinese firm with more than 2,500 people in 17 offices – and finally US CEO. During his most recent tenure heading the professional services giant’s US operations, Chipman led the company to double-digit revenue increases through strategic acquisitions and services expansion.

Stephen Chipman - Radius

Reflecting on Chipman’s appointment, Stone says: “Stephen has been in this position before and his leadership will enable Radius to accelerate growth plans through strategic acquisition, continued services expansion and flawless execution of our unique services model.”

“I’m excited and energized by what the Radius team has built,” says Chipman. “The unique combination of accounting, finance, banking, tax, HR, legal and compliance experts, expansion-related processes and technology delivers what can best be described as ‘expansion-as-a-service.’ This is a highly differentiated offering, and the timing is perfect as international growth has now reached the top of managements’ agendas.”

A recent study conducted among CEO’s of large corporations found that international growth is gaining ground in boardrooms, yet at the same time, executives are, according to McKinsey & Company cautious with their plans, amidst growing geopolitical concerns and the role of China’s slowdown to the global economy.

More news on

×

Grant Thornton UK appoints five new Partners

23 April 2019 Consultancy.uk

Sergio Cardoso, Matt Maltz, Jessica Patel, Marc Roberts and Nick Warner have been appointed as partners at Grant Thornton. With the company undergoing a year of transition under new leadership, the new members will help consolidate the firm’s offering as it looks to reach new levels of growth in 2019.

2019 sees Grant Thornton’s UK wing undergoing a process of transformation. As the group looks to ensure its teams “provide the right level of support for profitable growth” and create an environment that “makes it easier for our people to do great work”, the firm has announced a succession of senior appointments across its regional divisions.

In February, this saw Chris Petts and James Bulloss named Partner and Director in the North East and Yorkshire respectively. Now, the UK’s sixth-largest auditing and consulting firm has confirmed the installation of a further five Partners across its UK team.

Sergio Cardoso is a long-standing Grant Thornton employee, having joined from Daniel Auerbach & Company – where he was an Accountant – in 2005. Cardoso rose steadily through the ranks since then, taking up his most recent role as Audit and Assurance Director in 2015. In that role, he focused on dynamic, fast-growing and entrepreneurial private companies, as well as multinational and AIM-listed groups. He now takes up the position of Partner in Grant Thornton’s audit practice.

Grant Thornton UK appoints five new Partners

Nick Warner has been appointed as a partner in Grant Thornton’s VAT team based in London. Bringing more than 20 years of experience in tax to the role, Warner joins the firm from Moore Stephens, where he most recently was VAT Partner, during a five-year stay with the firm. Prior to that, Warner was a Partner in VAT at BDO and PKF UK. He also spent five years at HMRC as a Higher Executive Officer.

Matt Maltz is the first of three Partner appointments in Grant Thornton’s real estate tax division. A former EY Partner in real estate tax, Maltz spent 17 years with the Big Four firm. In his new position with Grant Thornton, he will tackle similar client areas, as a Partner in real estate tax.

Jessica Patel has also been promoted as a Partner in the firm’s real estate tax practice, having been with the firm for more than 15 years. Patel joined Grant Thornton as a trainee in 2003. She is a licensed member of both the Association of Tax Technicians and the Chartered Institute of Taxation. As a Partner, Patel will advise a wide variety of clients ranging from UK property investors and developers to overseas investors and property funds.

Marc Roberts is another Big Four alumnus to join Grant Thornton as a Partner. Roberts exited EY to take up his new position, having been an Associate Partner and real estate advisory lead at the company. With more than 25 years of experience in the financial services sector, Roberts also formerly held a Directorship and headed the corporate finance real estate advisory team at fellow Big Four firm PwC.