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‘Bullish’ Moore Australia shakes up leadership team

Profession
28 June 2024
bullish moore australia shakes up leadership team

The changes are in anticipation of a year of growth ahead, driven by a shift from big four to the mid-market, the firm says.

Moore Australia has revamped its senior leadership team and made several promotions across the country with a “bullish” outlook for the year ahead as a beneficiary of the big four’s woes.

The appointments include a new managing partner, two executives and the promotions of four directors and one principal, the mid-tier accounting network announced this week.

Moore Australia said the increased vacancy applications, revenue growth and multiple tuck-ins and acquisitions painted a “bullish” outlook that bucked trends seen by its larger competitors.

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“In the wake of the big four media coverage over the last few years, we are seeing clients and staff alike make more considered choices,” national chairman David Tomasi said.

“Our focus as a network is on continued investment and the development of our staff, to ensure our practices stay ahead, and are able to meet the challenges of the future head on.”

Tomasi, who has been the managing partner of Moore Australia (WA) for the past six years would step down in place of director James Tng while remaining as national chairman, global board member and a global sector leader for energy, mining and renewables.

Tng said he was excited for the future of the accounting profession.

“Over the past decade, we have seen more innovation and change than in the 50 years prior. The advent of new technology, such as AI, cloud computing and more, has made considerable changes, which means that we must be an innovation-driven profession, whilst not losing sight of the common humanity that makes us a trusted advisor.”

In the network’s Queensland/Northern NSW branch, Matt Thomson has been appointed CEO, with Greg Mallam to step down over a phased period.

Thomson joined from Queensland firm Carey Group where he was CEO and managing partner for the past five years. He has previously headed Deloitte's risk consulting practice and was PwC's Asia Pacific deals division's lead partner from 2013 to 2017.

“It is inspiring to see how the next generation of leaders are driving transformation and incorporating innovation into their day-to-day mission to help clients navigate this changing world,” Thomson said.

The firm also named Steven Moore as Moore Australia (SA/NT)’s COO. He had over 25 years of experience in accounting, including 13 as a partner at Accru Adelaide. He has spent the last 10 years in various executive roles across sport, not-for-profits, and most recently back in professional services, it said.

Its other mid-year promotions included:

  • Laura Osborne, VIC/TAS business advisory director
  • Anthony Molloy, VIC/TAS government incentives director
  • Thomas Cusmano, WA tax director
  • Antonio De Souza, SA/NT audit director
  • Callum Jarvis, QLD/NNSW business advisory principal

In FY2023-24, Moore Australia grew its headcount by 11 per cent from 540 staff to 600 as of this month.

The network also increased its global revenue to US$4.5 billion, expanding to 114 countries, and employing 37,153 staff.

About the author

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Christine Chen is a journalist at Accountants Daily and Accounting Times, the leading sources of news, insight, and educational content for professionals in the accounting sector. Previously, Christine has written for City Hub, the South Sydney Herald and Honi Soit. She has also produced online content for LegalVision and completed internships at EY and Deloitte. Christine has a commerce degree from the University of Western Australia and a juris doctor degree from the University of Sydney.

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