Grant Thornton Appoints Rick Surett as New CFO Amid Global Expansion

Grant Thornton, a prominent name in audit, assurance, tax, and advisory services, has officially announced Rick Surett as its new chief financial officer, effective June 2. With nearly 30 years of financial leadership under his belt, Surett steps into the role following the retirement of Muhammad Bhayat, who has dedicated over 20 years to the firm. This strategic appointment is timed with Grant Thornton's ambitious expansion across Europe and into the Middle East, signaling a new chapter of growth and international collaboration.

Jim Peko, CEO of Grant Thornton, has publicly endorsed Surett's appointment, citing his vast experience and innovative outlook as critical to advancing the firm's objectives. Surett's previous tenure as CFO of Transportation Equipment Network, along with leadership roles at Ports America and Avaya, has equipped him with a unique blend of skills in operational efficiency, capital management, and corporate development. His academic credentials, including a bachelor's degree in accounting from Siena College and an MBA in finance from the State University of New York at Albany, further underscore his qualifications for the role.

Surett has expressed his eagerness to contribute to Grant Thornton's financial strategy, emphasizing teamwork and strategic growth. His arrival coincides with the firm's integration of Grant Thornton Ireland and Grant Thornton UAE into a unified multinational platform, enhancing its service offerings and global footprint. With $2.7 billion in revenues and a presence in nearly 60 offices worldwide, Grant Thornton is on a steadfast path to expansion, with Surett's leadership expected to play a pivotal role in navigating the complexities of global finance and sustaining the firm's upward trajectory.

This development is particularly significant for vendors and professionals within the human resources and talent management sectors, as it underscores the importance of strategic financial leadership in driving organizational growth and international expansion. Grant Thornton's move not only reflects its commitment to innovation and excellence but also sets a benchmark for financial stewardship in the professional services industry.