UHY Advisors (“UHY”), a leading national accounting, tax and consulting firm, today announced that Steven McCarty has been elected CEO, effective January 1, 2019. McCarty succeeds Tony Frabotta as CEO, with Frabotta assuming the role of chairman. McCarty led the firm’s Corporate Finance line of business and was the industry service leader for the Professional Employer Organization practice at UHY. He is a member of the firm’s Board of Directors and the Michigan Region Executive Committee.
“Steve has been with UHY nearly 27 years and has proven himself as an exceptional colleague, industry professional and leader within the firm,” said Tony Frabotta, outgoing CEO. “Steve has been a trusted confidant to clients and an active participant in the local communities which UHY serves. As the leader of our Corporate Finance practice, he has been instrumental in building that service line and participating in hundreds of middle-market transactions. We are proud to have Steve step up and lead UHY’s innovation and growth on a national level.”
“I am grateful to our Board for putting their trust in me to lead UHY’s national operations,” said Steven McCarty. “Our firm is growing while the accounting profession as a whole is consolidating. Tony Frabotta has done a masterful job building UHY partner unity and creating a strong marketing mentality.” McCarty started his career at UHY in the tax department, transitioned to the audit practice and most recently, chaired the firm’s Transaction Services and Corporate Finance Group. “I look forward to focusing on the development of our associates and expanding our UHY footprint,” said McCarty. “UHY has a solid middle market reputation and when coupled with our international reach, we are uniquely positioned to grow around the US and abroad.”
Focusing on closely-held middle-market businesses, private equity owned portfolio companies and the mid-cap public marketplace, McCarty has experience advising clients on comprehensive tax, audit and business consulting solutions around the country. He has completed numerous business transactions including deal negotiations, buy and sell side strategy, due diligence, quality of earnings reports, financial analysis and modeling, tax strategies, valuations and financing.
McCarty is a Certified Management Accountant (CMA) and a licensed CPA in Florida and Michigan.
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UHY Advisors, Inc. provides tax and business consulting services through wholly owned subsidiary entities that operate under the name of “UHY Advisors.” UHY LLP is a licensed independent CPA firm that performs attest services in an alternative practice structure with UHY Advisors, Inc. and its subsidiary entities. UHY Advisors, Inc. and its subsidiary entities are not licensed CPA firms. UHY Advisors, Inc. and UHY LLP are US members of UHYI, a UK company, and form part of the international UHYI network of legally independent accounting and consulting firms. “UHY” is the brand name for the UHYI international network. Any services described herein are provided by UHY Advisors, Inc. and/or UHY LLP (as the case may be) and not by UHYI or any other member firm of UHYI. Neither UHYI nor any member of UHYI has any liability for services provided by other members.