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Hughes Joins CohnReznick as Partner, Federal Market Leader

Bill Hughes

Bill Hughes

New York-based CohnReznick LLP (FY18 net revenue of $623.7 million) announced that Bill Hughes has joined CohnReznick as a partner and will serve as the firm’s federal market leader. In his new role, Hughes will lead the firm’s federal practice where he will be responsible for the strategic direction, growth strategy, client service, practice development, recruiting, marketing and all other aspects of practice operations.

Hughes has more than 26 years of public accounting and consulting experience providing financial statement audit, audit readiness and remediation, internal controls, and risk management solutions to federal agencies and the private sector. Based in CohnReznick’s Tysons, Va., office, he was most recently a partner at Guidehouse (formerly PwC Public Sector LLP).

“CohnReznick is honored to add Bill’s leadership and extensive professional and technical capabilities to our team of dedicated government auditing and financial management professionals,” says Frank Banda, CohnReznick’s MP – public sector. “His expertise and track record in implementing effective audit programs and robust systems of internal controls across numerous executive departments of the Federal Government enhances the firm’s ability to help agencies improve financial performance, optimize processes, and ensure taxpayer funds are spent efficiently, effectively and for their intended purpose.”

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CohnReznick Announces 23 New Partners

Frank Longobardi

New York-based CohnReznick (FY17 net revenue of $617 million) has admitted 23 professionals into its partnership ranks – the largest group of newly elected partners in CohnReznick’s history.

“Our 23 new partners have clearly demonstrated their ability to deliver world-class service to our clients, drive forward our firm’s vision and strategy, and contribute to CohnReznick’s growth goals,” said Frank Longobardi, CEO of CohnReznick. “We congratulate them and look forward to their ongoing success in the years ahead.”

The newly elected CohnReznick partners are:

Stephen V. Alimonti – Boston
Joseph A. Arnone – New York
Ian Brodie – Bethesda, Md.
Seth Cohen – New York
Scott E. Damiecki – Bethesda, Md.
William J. Delsa Jr. – Atlanta
Christopher Gaeta – Eatontown, N.J.
Marisa Garcia – New York
Mohamed Ghattas – Los Angeles
Christopher Griffin – Bethesda, Md.
Karen Harris – Baltimore
Brian F. Hickey – Hartford, Conn.
Sean Holloway – Sacramento, Calif.
Helana Huddleston – Chicago
Paul Jhung – New York
Sunil Madray – Jericho, N.Y.
Ryan Mills – Atlanta
Matthew Radford – Bethesda, Md.
Jason C. Rocker – New York
Robert Ryan – Tysons, Va.
Shaune Scutellaro – Eatontown, N.J.
Jeffrey L. Shapiro – Tysons, Va.
Lori Rothe Yokobosky – Roseland, N.J.

CohnReznick Announces Senior Leadership Appointments

Gary Levy

New York-based CohnReznick (FY17 net revenue of $617 million) has made key leadership appointments.

Gary Levy has been named chief strategy and growth officer, reporting to Frank Longobardi, CEO. Levy is responsible for driving profitable growth and ensuring world-class client service as well as heading up strategic alignment across CohnReznick’s industries, geographies and practices. He also oversees marketing and business development. He most recently served as MP of the consumer, hospitality and manufacturing practice.

Phil Mandel has been named chief operating officer, also reporting to Longobardi. Mandel will focus onoperational efficiency and “translating strategic vision into action.” Mandel has 30 years of leadership, accounting, auditing, tax and consulting experience. A member of the firm’s executive board, he served for three years as CohnReznick’s regional MP for the Northeast.

Phillip Mandel

Cindy McLoughlin has been named MP of the consumer, hospitality and manufacturing practice. She is responsible for leadingstrategy, driving growth and developing services and industry-specific solutions for the practice. She will continue as leader of CohnReznick’s hospitality practice. McLoughlin has more than 20 years of experience, including specialization in SEC audit requirements for public companies and audit services for large and private equity-backed hospitality portfolio companies.

Alan Wolfson has been named regional MP for the Northeast, and will report to the CEO. He leads growth strategy and management for the region, including management of clients, employees and financial strategy as well as direct oversight of the region’s seven OMPs. A member of the executive board, Wolfson was previously OMP of the New York office.

Tama Huang

Jay Levy has been named OMP of the firm’s headquarters in New York. He is responsible for driving revenue and growth for office and for setting strategy that ensures client service excellence. He also serves as financial services industry leader. Levy has more than 35 years of audit, tax and consulting experience, working with an array of financial services clientele.

“Growth, innovation and developing our people are core to our firm strategy and to our brand promise of helping clients achieve their vision,” says Longobardi. “Gary, Phil, Cindy, Alan and Jay each bring to their new roles a clear and inspiring vision for elevating our success in those key areas.”

In addition to these appointments, CohnReznick previously announced that Tama Huang has joined the firm as its first chief innovation officer.

CohnReznick to Serve as Presenting Sponsor for MLB’s Winter Meetings

New York-based CohnReznick (FY17 net revenue of $617 million) announced that the firm will present coverage of the Major League Baseball’s winter meetings – across all of MLB’s media platforms.

The Major League Baseball Network will produce 45 hours of coverage of the winter meetings in Las Vegas.

As part of the collaboration with CohnKeznick, MLB Network will produce a new series, Business of Baseball, the firm announced, “which will explore the strategic issues franchises tackle on and off the field, such as enhancing the fan experience or leveraging data and analytics.”

The series began this week with MLB’s first general manager roundtable conversation with Alex Anthopoulos (Atlanta Braves), Rick Hahn (Chicago White Sox), Dayton Moore (Kansas City Royals) and Mike Rizzo (Washington Nationals), moderated by MLB Network host Brian Kenny and analyst and former GM Dan O’Dowd.

Excerpts from the discussion will be featured in a one-hour show at 8 p.m. ET on Saturday, Dec. 8. “Baseball is more than a game, it’s a business built on a foundation of strategy and leadership. That is why we are proud to support this unique content, taking fans behind the scenes to understand the business side of America’s pastime,” said Frank Longobardi, CEO of CohnReznick.

Interviews with club managers and general managers, insights into club strategy and player analysis from MLB Network’s Mark DeRosa, Kevin Millar, Dan Plesac and Harold Reynolds will be featured across programming and social content from the Mandalay Bay resort, beginning with MLB Tonight at 8 p.m. ET on Sunday, Dec. 9. Each of MLB Network’s offseason studio shows will air live on-site from Monday, Dec. 10 through Thursday, Dec. 13.

CohnReznick Names Duffany MP of Tax Practice

Patrick Duffany

Patrick Duffany

New York-based CohnReznick (FY17 net revenue of $617 million) named Patrick Duffany the new MP of the firm’s tax practice. Duffany succeeds Kenneth Kanter who is retiring.

Duffany previously led CohnReznick’s state and local tax and national tax consulting practices. Based in the Hartford, Conn., office, he has more than 25 years of public accounting experience.

In the wake of the tax cuts and jobs act, Duffany will direct CohnReznick’s efforts in helping clients effectively deal with the intricacies of the new tax laws. His experience includes providing strategic tax planning and compliance services across a broad range of clients and industries.

“We congratulate Patrick on his new role as CohnReznick’s tax leader. His enormous wealth of tax and accounting experience, along with his vision, track record, and leadership skills, will enable him to successfully lead our tax teams and clients through the opportunities and challenges of an ever-changing tax landscape,” says Frank Longobardi, CEO.

“In my new role, I will continue providing the quality, relevant and timely services that drive growth for our clients by leveraging the talents of our tax professionals and building our firm’s capabilities,” says Duffany. “Through technological innovation, and by collaborating with our clients and our audit and advisory practices, I am committed to uncovering new opportunities to drive efficiency, deliver value and more effectively manage risk.”

CohnReznick Welcomes New Cybersecurity Advisory Leader

Shahryar Shaghaghi

Shahryar Shaghaghi

New York-based CohnReznick (FY17 net revenue of $617 million) welcomed Shahryar Shaghaghi as a principal and leader of the cybersecurity advisory.

Shahryar has more than 20 years of technology and risk management leadership experience, working with technology, risk, compliance and security executives. His engagements include complex and global implementations across a wide variety of industries and client sizes.

Prior to joining CohnReznick, Shahryar was MP of CyTech Partners, where he was responsible for leading clients in cybersecurity and technology transformation. Previously, he led technology advisory and cybersecurity for BDO Consulting. He also led Citigroup’s corporate center office of information security, where he worked with the C-suite and board to lead complex security initiatives, drive regulatory compliance efforts, and help protect the bank’s brand at a time of significant cyber vulnerability. Shahryar is a former partner with Deloitte Consulting, where he formed and led their first information security consulting offerings; and spent the early part of his career with PwC and Andersen Consulting, now Accenture.

“Cyber is not just a technology issue; it’s a business strategy issue that must be viewed and addressed holistically. Shahryar’s experience and proven cyber leadership will help us stay at the forefront of providing best-in-class solutions to our clients’ risk management issues,” says Dave Rubin, principal and risk and business advisory national director.

CohnReznick Admits Nine to Partner and Principal

New York-based CohnReznick (FY17 net revenue of $617 million) admitted nine to partner, effective Feb. 1.

“Recognizing exceptional people and rewarding them with leadership roles within our firm is always very gratifying,” says Frank Longobardi, CEO. “Congratulations to our new partners and principals who will help shape the strategic vision and growth of CohnReznick in the years ahead.”

Kevin Beattie is a partner in the Baltimore office with more than 15 years of experience providing tax consulting and compliance services to clients in industries that include real estate, technology and life sciences. As a member of the affordable housing, technology and new media, and life sciences industry practices, Beattie has a background in partnership and corporate taxation as well as federal and state tax credit programs. His experience includes providing advisory and tax planning services to small and middle-market companies with a client base that includes community development entities, tax credit syndicators, developers, investors, and early and later-stage technology companies.

Emily Butler is a partner in the Bethesda, Md., office and a member of the assurance practice. She has more than 13 years of public accounting experience in the areas of audit, reviews and compilations. Her client service experience includes working with real estate funds, real estate developers, not-for-profit organizations, and owners and operators of real estate assets such as hotels, office, flex, industrial, multifamily, single family, land and condos. Her knowledge extends to the requirements of investment funds and with investment company guide – fair value, GAAP cost basis and income tax basis reporting.

Alison Galer is a principal at CohnReznick and serves as the firm’s deputy general counsel. Based in the Roseland, N.J., office, Galer joined CohnReznick after spending more than two decades in private practice as a commercial litigator focusing on the various legal needs and litigation defense of accounting firms and financial institutions.

Timothy Garland is a partner and a member of the technology and new media and manufacturing and distribution industry practices. Based in the New York office, he is also a member of the public company audit practice and employee benefit plan audit practice. Garland has more than a decade of experience providing assurance and financial reporting services to clients ranging from start-up to large multinational companies. He provides services to both public and private companies based in the U.S. as well as those with international operations. He works closely with business owners and management teams seeking guidance on complex accounting issues including revenue recognition, debt and equity offerings, mergers and acquisitions, and stock based compensation.

Brian Marconi is a partner in the Bethesda office and a member of the renewable energy industry practice. Having specialized in the renewable energy industry for the past 10 years, Marconi serves closely-held and publicly-traded clients. He has led the audit of various renewable energy developers, infrastructure funds, tax equity investment funds, and engineering, procurement, and construction contractors. He has also provided accounting consulting services to renewable energy companies, assisting them with developing accounting policies and writing technical accounting positions on various topics impacting the renewable energy industry. He has led audits of companies reporting under both U.S. GAAP and international financial reporting standards (IFRS).

Joy Matak is a principal and co-leader of the trusts and estates practice. Based in the Roseland office, she has more than 20 years of diversified experience as a wealth transfer strategist with a background in providing tax services to multi-generational wealth families, owners of closely-held businesses, and high-net-worth individuals and their trusts and estates. Matak provides clients with wealth transfer strategy planning to accomplish estate planning and business succession goals. She also performs tax compliance, including gift tax, estate tax, and income tax returns for trusts and estates, and consulting services related to generation skipping including transfer tax planning, asset protection, life insurance structuring and post-mortem planning.

Wesley Prato is a partner in the commercial real estate industry practice. Based in the Chicago office, he has 12 years of experience in public accounting, providing client services in the areas of audit and review. This experience includes working with developers and private equity investors of companies in the commercial real estate, affordable housing and hospitality industries. Prato serves developments benefitting from the historic tax credit and low-income housing tax credit (LIHTC) programs and is responsible for planning the engagements, supervising staff and coordinating all fieldwork. Other responsibilities on these engagements include determining audit scope, selecting procedures to be applied, establishing budgets, reviewing work papers, identifying audit issues, communicating with clients and preparing financial statements or reports.

John Van Stee is a partner in the Chicago office and a member of the assurance practice. He has more than 20 years of public accounting experience in providing audit, accounting and tax services to clients that include affordable housing and assisted living developers and management companies, affordable housing syndicators and not-for-profits. Van Stee has extensive knowledge of LIHTC, housing and urban development (HUD) and new markets tax credit (NMTC) programs.

Naseem Wenzel is a partner in the Chicago office and serves the commercial real estate advisory practice. Leveraging a deep understanding of the industry and its functions with more than 20 years of experience, she has a proven track record of providing world-class service to investment management and private equity firms focusing on business transformation and strategy. Wenzel works with many of the leading global and national real estate owners and operators and has core competencies in strategic and business planning, process reengineering, business intelligence, data governance, enterprise architecture specific to real estate, and business architecture.

CohnReznick Expands Transactional Advisory Services Team

Helana Robbins Huddleston

Helana Robbins Huddleston

New York-based CohnReznick (FY17 net revenue of $617 million) has expanded its transactional advisory practice. Helana Robbins Huddleston (Chicago), Natalie Tronkina (Los Angeles) and Sedic Ampanas (New York) have been promoted to managing director. Jeffrey Michelson (New York), has joined CohnReznick as a managing director. Hayk Galstyan (Los Angeles) has been promoted to manager.

Natalie Tronkina

Natalie Tronkina

These individuals are part of a national team of transaction advisory professionals, who deliver buy and sell-side services across the investment life cycle, supporting the private equity, family office, strategic and lender clients.

Sedic Ampanas

Sedic Ampanas

“In today’s business landscape, it has never been more important to get deal done in a timely and cost-effective manner with minimal disruption for the management team,” says Margaret Shanley, principal and transaction advisory practice leader. “Our focus on the middle market and our client-first approach has helped develop a world-class, forward-thinking national practice. With our expanded team in place, we look forward to putting our collective skill sets to use for our clients as they navigate the complex, rapidly-changing marketplace.”

Jeffrey Michelson

Jeffrey Michelson

“Building a team to meet client needs in today’s highly-competitive transaction environment remains paramount at the Firm,” says Jeremy Swan, managing principal, financial sponsors and financial services industry. “Understanding how best to navigate industry-specific financial and operational risks, technology and market issues and provide buyers and sellers with the intelligence to make well-informed acquisition, integration and exit decisions has never been more critical. We’re confident we have the team in place to assist and maximize value for our clients and their stakeholders.”

CohnReznick Admits Stomper as an Audit Partner

John Stomper

John Stomper

New York-based CohnReznick (FY17 net revenue of $617 million) admitted John Stomper as a partner in the accounting and assurance department and based in the Chicago office. Stomper will work closely with clients in the financial services industry.

“His wealth of knowledge and expertise in the financial services industry will be incredibly valuable to our firm and to our region,” says Jason Burian, Chicago OMP.

Stomper has more than 30 years of accounting experience including nearly 20 years of providing audit and consulting services to an array of financial services clients, including private equity funds, hedge funds, registered investment companies, specialty finance companies and other alternative investment vehicles.

Stomper has consulted with clients on fund formation, financial reporting and valuation issues. He is also a specialist in performing global investment performance verification engagements.

CohnReznick Grows Tax Practice with Two New Senior Executives

New York-based CohnReznick (FY17 net revenue of $617 million) has admitted two new partners in the New York office.

David DiFusco has been named tax leader of the New York office. He has more than 25 years of experience in tax accounting. He served as a regional leader for FAS 109 Competency, focusing on U.S. and international tax accounting (GAAP and IFRS), FIN 48 and Sarbanes-Oxley.

James Robbins will become a principal at CohnReznick. He is an international tax specialist with 30 years of public accounting experience including international tax, both inbound and outbound, corporate and investment partnership matters, structuring investments, restructurings, acquisitions and divestments. He also has extensive experience in financial products and derivatives taxation, both cross-border and domestic.

“In today’s current business environment, tax uncertainty is top of mind for many businesses. We understand that businesses need trusted advisors who can help them navigate the marketplace. We look forward to putting David and James’s skill sets to use to achieve our client goals,” says Alan Wolfson, OMP of the New York office.