BDO appoints Steve Hoon to Tax Partner in Southampton
Professional services firm BDO has appointed Steve Hoon to Partner in its Southampton office. Hoon joined BDO as a Tax Director in 2017, and his promotion comes as the company prepares to help clients navigate a rapidly shifting tax environment in pre and post-Brexit Britain.
As BDO gears up for a key year of growth, as well as its first as the UK’s fifth largest professional services firm, the global auditing and advisory firm has committed itself to a swathe of new hires and promotions. BDO has appointed a succession of new Partners in recent months. In March, this saw Paul Fenner installed to lead its real estate and construction team in the Midlands, while in June, BDO’s Advisory wing installed seven new Consulting Partners.
One of those was Helen O’Kane, who, following spells with Arthur Andersen and Citi, was promoted as a Partner for M&A in BDO’s Southampton office. The firm has since announced another new Partner in the South Coast locale, with the news that Steve Hoon will also take on the role at BDO Southampton.
Hoon has been with BDO for two years, having previously been a Tax Director. Prior to this he was a Tax Senior Manager at PwC, having spent more than seven years with the firm. Before that, Hoon enjoyed a three-year spell with rival firm KPMG, where he held the roles of Tax Associate and Tax Assistant Manager. He holds a degree in Accounting and Finance from the University of Warwick – Warwick Business School.
Commenting on the appointments of both Hoon and O’Kane, Malcolm Thixton, Lead Partner at BDO Southampton, said, "We have had another strong year with 8% growth in the last 12 months locally and have added a number of significant and internationally focused companies to our client base. We believe that a ‘new economy’ is needed post-Brexit which makes the most of the UK’s talents, skills and entrepreneurial spirit. I’m delighted to welcome our new Partners to a first-class team that will be using their experience and knowledge to support the Central South in this over the coming years."
Earlier in the year, BDO and Moore Stephens clinched a merger deal to leapfrog Grant Thornton as the UK’s fifth-largest professional services firm. The transaction created an entity with a gross annual revenue of approximately £600 million. Internationally, BDO remains the largest mid-tier accountancy organisation in the world, with revenues of over $8 billion and operations in 162 countries.
