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Moore Kingston Smith has elected of Matt Meadows as its new managing companion. He’ll tackle the position from Could 2024, as present managing companion Maureen Penfold retires.
The London wing of Moore within the UK, Moore Kingston Smith boasts over 70 companions and greater than 700 folks primarily based in and across the capital metropolis. In 2023, the agency celebrated its milestone of 100 years in enterprise, however because it appears to be like forward to its second century, the agency has dedicated to a serious growth to develop its capabilities – taking over non-public fairness funding from Waterland, and welcoming numerous key hires. That doesn’t imply the agency has overlooked rewarding its current expertise, although.
Matt Meadows joined Moore Kingston Smith in 1998 as a trainee. Over the following 10 years, he labored his means as much as companion. Extremely expert throughout a number of disciplines together with audit and company finance, he has led most of the agency’s largest assignments, in addition to advising on development and exit methods.
Talking on his newest promotion, Maureen Penfold commented, “I’m delighted and extremely proud to see Matt elected as managing companion. A pure subsequent step for him and our agency; I’ve seen his profession progress over 25 years, and he is aware of our purchasers, tradition and the rules that set us aside from different corporations. Matt is completely the appropriate individual to take the helm, he’s steered us via a few of our most important milestones, and can efficiently and sustainably proceed our journey of development. I look ahead to seeing all that Moore Kingston Smith achieves in its subsequent chapter and have each confidence with Matt main the way in which.”
The election got here after Penfold introduced her personal retirement as Moore Kingston Smith’s managing companion. She has loved a 40-year profession on the agency, 30 years of which have been as a companion. Since taking over the agency’s high job in 2016, she has helped information it to integration inside the Moore International community, whereas changing into a serious challenger agency within the UK.
As an integral member of the senior management staff, Meadows has lately been working alongside Penfold – and helped to steer the agency’s exterior funding from Waterland. This transfer made Moore Kingston Smith the UK’s first main accountancy agency to obtain non-public fairness funding, whereas maintaining its restricted legal responsibility partnership standing. He was additionally instrumental within the acquisition of main Irish firm Moore, which enhanced the agency’s international presence and skill to help its rising shopper base with worldwide pursuits.
On his new problem, he famous, “It’s an honour and a really thrilling time to grow to be managing companion at this level in our 100-year historical past. I’m grateful for the help of Maureen, my fellow companions and colleagues on this subsequent stage for Moore Kingston Smith. My time right here has been stuffed with alternative, and that’s what I would like others to really feel and expertise after they work with us. It’s essential that we proceed to nurture an setting that helps our folks and all who work with us to attain their ambitions. I look ahead to constructing on the sturdy foundations laid by Maureen, fostering our inclusive, supportive office as we develop, for our folks to get pleasure from what they do, and to proceed delivering high quality options for our purchasers.”
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