Johnston Carmichael appoints Jenn Stewart as Dundee office head

17 July 2019 2 min. read
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Johnston Carmichael has strengthened its leadership team with the appointment of Jenn Stewart as Restructuring Director and head of the firm’s recently opened Dundee office. The news follows the firm’s announcement of Andrew Walker as CEO earlier in the summer.

As Scotland’s largest independent business advisory and accounting firm, Johnston Carmichael employs 800 people across its 12 locations. The professional services company reported revenues of £49 million in 2018, following record fee income of £43.7 million in 2017. Looking forward, the firm is looking to strengthen its restructuring wing, as the UK insolvency market looks set to grow exponentially in the coming months.

To that end, Johnston Carmichael has installed Jenn Stewart as Restructuring Director, and head of the firm’s Dundee office. Stewart brings 16 years of experience in insolvency work to the restructuring post, while having been based in Dundee for 12 years, she brings vital local knowledge to help the newly opened location succeed. She will now lead a team there which works across technology and life sciences, food and drink and agriculture.

Jenn Stewart, Dundee office head - Johnston Carmichael

Commenting on the news, Donald McNaught, Head of Restructuring at Johnston Carmichael, said, “Jenn’s appointment to our restructuring team further demonstrates Johnston Carmichael’s commitment to providing a comprehensive and expert restructuring service across Scotland. We are the only restructuring team to have a permanent, local presence in all the major Scottish cities.”

Prior to arriving at her new role, Stewart was a Director at Dunedin Advisory, where she spent the last two years. She also held a Director role with Insolvency Support Services, having previously been a Partner at insolvency specialist Begbies Traynor.

Stewart said of her new role, “It’s an exciting time to join Johnston Carmichael as the business continues to expand across Scotland, building on its existing strong brand and reputation. I’m looking forward to working with such a diverse and forward-thinking team, bringing my own expertise to bear as we build our presence in Dundee, applying specialist expertise to support businesses at all stages of their growth journey.”

The news follows Johnston Carmichael’s confirmation earlier in the year that it will appoint Andrew Walker as its new Chief Executive Officer at the start of August. The move comes as incumbent boss Sandy Manson takes on the role of Chair, following the exit of Andrew Shepherd, who held the position for the last eight years.