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Grant Thornton Announces Leadership Transition: CEO Seth Siegel Steps Down

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09 JAN 2025 / M&A UPDATES

Grant Thornton Announces Leadership Transition: CEO Seth Siegel Steps Down

Grant Thornton Announces Leadership Transition: CEO Seth Siegel Steps Down
Summary
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Grant Thornton Advisors LLC's CEO, Seth Siegel, is stepping down after nearly three decades at the firm, transitioning to a senior advisor role. He will be succeeded by Jim Peko, the firm's former Chief Operating Officer, marking a crucial leadership shift as the company continues its focus on improving its professional services standards and capabilities.

Grant Thornton Advisors LLC has announced that CEO Seth Siegel is stepping down after nearly 30 years with the firm. Siegel will transition to a senior advisor role, effective immediately.

During his tenure, Siegel led significant transformational initiatives, emphasizing a commitment to quality and the firm's people. The firm expressed deep gratitude for Siegel's pioneering leadership and dedication.

Jim Peko, previously the Chief Operating Officer of Grant Thornton Advisors LLC, has been appointed as the new CEO. Peko acknowledged Siegel's contributions, stating, "He has been a colleague, mentor, and friend to so many of us, and a tireless advocate for the firm’s best interests." Peko emphasized his commitment to accelerating the firm's current business strategy and solidifying its standing in the marketplace.

Siegel expressed confidence in Peko's leadership, noting their close collaboration over the years and affirming that Peko is the right leader for this new chapter.

This leadership transition marks a significant moment for Grant Thornton as it continues to focus on quality, culture, and differentiated capabilities in the professional services industry.

Until next time…

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