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KPMG’s Restructuring team announces Steve Absolom as partner

Restructuring team announces Steve Absolom as partner

KPMG’s Restructuring practice in the UK has announced the appointment of Steve Absolom to partner, and ten new directors as part of its latest round of promotions.

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Steve Absolom joined KPMG in 1993 and has more than 25 years’ of expertise advising under-performing UK corporates and their key stakeholders across a wide variety of sectors. In recent years, he has been involved in numerous high-profile restructuring assignments including Monarch Airlines, Jones Bootmaker, Style Group Brands, La Senza and Byron Burger.     

 

Steve is joined by ten new directors across the firm’s UK Restructuring practice. In London and the South, Sarah Collins, Jacqui Kerr, Nathan McCarthy, Paul Berkovi, Nick Holloway, Helen Seaman and Luke Wiseman have all been promoted to director. KPMG’s Midlands team has seen the promotion of Tim Bateson, while in Bristol, Tim Sloggett has also made the step up. And in the North, Neil Morley has become director.

 

Meanwhile, a total of 13 professionals have been promoted to associate director, while six have become managers.

 

Blair Nimmo, global head of insolvency at KPMG, said:

“This significant round of promotions reflects the outstanding talent that we have across our Restructuring business and the enormous contribution our people make in supporting businesses who are experiencing significant operational or financial challenges. In particular, the promotions span the full breadth of our services, with colleagues from insolvency, operational restructuring, performance improvement, working capital management and financial restructuring all recognised.

 

“I’m particularly delighted to welcome Steve Absolom to the partnership. Steve has a fantastic reputation in the market place, driven by his excellent track record in assisting clients with complex turnaround projects. With economic and market conditions now starting to look increasingly uncertain, more and more clients are turning to us for assistance in strategy setting, performance improvement and contingency planning. Steve’s expertise will be pivotal in helping us deliver the very best advice to them.”

 

ENDS

 

For further information please contact:

Katy Broomhead, Senior PR Manager, KPMG:

Tel: 0161 246 4623 / 07824 537963

Email: katy.broomhead@kpmg.co.uk              

 

KPMG press office: +44 20 7694 8773

 

About KPMG in the UK

KPMG LLP, a UK limited liability partnership, operates from 22 offices across the UK with approximately 14,500 partners and staff.  The UK firm recorded a revenue of £2.2 billion in the year ended 30 September 2017. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. It operates in 152 countries and has 189,000 professionals working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity.  Each KPMG firm is a legally distinct and separate entity and describes itself as such.

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