PwC promotes Reid Morrison and Kenny Hawsey to leadership roles

11 October 2016

PwC has announced two promotions within its Global Energy business. Reid Morrison takes on the role of Partner and Global Energy Advisory practice leader, while Kenny Hawsey has been named Global Energy Tax practice leader. Both partners are based in the firm’s Houston, Texas, office, and are responsible for 1,500 and 1,300 professionals respectively.

Reid Morrison joined PwC in 2010, starting out as a Principal and US Energy Sector Leader. He was previously a Partner at executive search and recruitment firm Heidrick & Struggles (from 2008 onwards) and Senior Vice President at BearingPoint, where he led the firm's Global Energy & Chemicals practice. Prior to that, Morrison worked at Andersen Business Consulting as a Partner (today Accenture). Morrison was educated at Southwestern University and holds a Master of Arts in Industrial/Organisational Psychology from the University of Tulsa.

Reid Morrison - PwC

Morrison has been promoted to head of PwC’s Global Energy Advisory practice. He takes responsibility for leading more than 1,500 employees globally, focused on supporting companies ‘control costs and reduce their debt’, in line with a stabilising energy sector outlook.

Reid remarks, “With fewer new wells coming online and the significant drop in the reserve replacement ratios coupled with continual rising in demand tell me the oil industry is past the worst of the downturn. As long-term supply and demand fundamentals come into greater balance, the successful companies will likely be the ones that can replace their reserves in a low-priced environment and operate within their free cash flows instead of relying on debt and rising commodity prices.”

Kenny Hawsey started at PwC in 1993, and throughout his more than 20 year career at the firm he rose to the role of US Energy Tax Leader in 2011. Previously, from 2009, Hawsey worked as the firm’s Middle East Energy Tax Leader & Saudi Arabia Tax Leader, based in Riyadh, Saudi Arabia. From 1999 Hawsey worked as a Partner, taking on an assignment to manage the firm’s Azerbaijan, Turkmenistan & Georgia operation, before, in 2000 becoming the firm’s Middle East Energy Tax Leader. One year later he became a Tax Partner at the firm’s Birmingham, Alabama Area office. Hawsey holds a Master's degree in Accounting from Auburn University, and is a CPA.

Kenny Hawsey - PwC

Hawsey has been appointed as the new leader of the firm’s Global Energy Tax practice. In his new role Hawsey leads more than 1,300 professionals, focused on supporting companies deal with transfer pricing and the Base Erosion and Profit Shifting (BEPS) initiatives. Hawsey is based in the firm’s Houston office.

Hawsey says, “Oil and gas companies should proactively educate themselves with respect to the new BEPS environment, not just from a tax standpoint but also in light of the wide ranging implications for their businesses in areas ranging from asset deployment and human capital management to the development of intellectual property and public relations.”

Recent research from Alvarez & Marsal found that the low oil prices is placing growing pressure on the finances of US companies.


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Rapid growth sees Quantum Advisory promote trio of partners

18 April 2019

Three senior level consultants have been boosted to the rank of Partner at Quantum Advisory, as the firm works to meet heightened levels of client demand. Aled Edwards, Amanda Burdge and Chris Heirene become Partners as long-time Quantum member Rob Davies retires in May after 15 years as a Partner at the firm.

Founded in 2000, Quantum Advisory provides pension and employee benefits services to employers, scheme trustees and members, with five offices across the UK. The firm has enjoyed exponential growth in recent years, following a number of major client wins and booming demand for its services. It opened a new office in Bristol in 2016 to service the South West and in 2017 relocated its Cardiff office to a larger site within the Welsh capital to house the increased workforce. More recently, Quantum relocated its Amersham, Birmingham and London offices to more spacious premises in the centre of both cities to cope with demand.

The financial services consultancy, which employs 115 people across the UK, has promoted three senior team members to Partner, as part of its wider growth plans. The firm has moved Aled Edwards from Principal Consultant & Actuary, while Amanda Burdge has ascended from Principal Investment Consultant. Chris Heirene, former IT Manager, has also joined the ten current Partners at Quantum.

Aled Edwards most recently managed the actuarial team within Quantum’s Cardiff office as well as providing technical training for all staff. He boasts more than 17 years of pensions experience. He started his career as an Actuary at Jardine Lloyd Thompson’s Bristol wing, before joining Quantum in 2011. Edwards is also the President of the Welsh Actuarial Society (WAS), which supports actuaries and actuarial students living or working in Wales.

Rapid growth sees Quantum Advisory promote trio of Partners

Amanda Burdge joined Quantum’s team in 2001, as one of the fledgling firm’s first employees. Most recently she was a Principal Investment Consultant with the firm, and with more than a quarter of a century’s experience in the sector, she is responsible for providing investment advice to many of Quantum’s key clients with both defined benefit and defined contribution schemes. Prior to her time with Quantum, Burdge spent two years as a consultant with SBJ Benefit Consultants (now Capita), and three years with Tesco Pension Trustees. She currently sits on the Regulation Committee for the Pensions Management Institute.

Chris Heirene initially worked with Quantum as an IT Consultant with Teamwork Technology Services and then UES for over five years, before finally joining the firm itself in 2011. He is now responsible for Quantum’s IT systems across all of its offices, including the network and core server infrastructure which supports the business. Heirene is heavily involved in utilising IT to improve and build upon the processes in place throughout Quantum.

David Deidun, Partner at Quantum Advisory, said of the promotions, “This is a very exciting time for Quantum. The recent round of promotions fully recognise the hard work and dedication shown by the three, all of whom go above and beyond for the company. I’ve no doubt that Aled, Amanda and Chris will settle into their new roles with ease and look forward to working together to grow Quantum even further.”

The news comes as Rob Davies retires in May, after spending fifteen years as a Partner at Quantum. A qualified actuary, Davies was instrumental in setting up Quantum’s Investment Division, specialising in aiding clients with their investment strategies. He will remain with the company on a part-time consultancy basis, while working with several clients in the Fiduciary Manager area.