Savoy Steps Down from Managing Director Role at Gumbiner Savett

After serving as managing director of Gumbiner Savett of Santa Monica, Calif. (FY12 net revenue of $16.3 million), for nearly 10 years, Michael Savoy has decided to step down from his position.

“Change is good, and in an effort to move the firm to a higher level, it is time for the next generation of leaders to take charge. I look forward to the future of this organization with great anticipation,” says Savoy, who has been with the firm for over 20 years. Savoy will assume a role as a full-time client service partner.

Rick Parent now fills the position of managing director. Parent has been with the firm for 10 years, and has served as the leader of the firm’s accounting and audit department as well as the co-leader of the firm’s real-estate group.

Replacing Rick Parent as the audit department leader will be Shreedhar (Shree) Kothari, who focuses on helping growth-oriented companies with proper audit and financial reporting requirements and tax structuring and planning. David Thaw will continue as the head of the tax department.