Grant Thornton Announces Rick Surett as New CFO, Signaling Strategic Growth

Grant Thornton, a leading name in professional services, has officially named Rick Surett as its new chief financial officer (CFO), effective June 2. This appointment comes at a critical time as the firm seeks to bolster its financial strategy and expand its multinational platform across Europe and the Middle East. Surett, with nearly three decades of financial leadership experience, is poised to drive operational efficiency and scalability, building on the firm's legacy of innovation and growth.

The transition follows the retirement of Muhammad Bhayat, who has been a cornerstone of Grant Thornton for over 20 years. Bhayat's contributions have been instrumental in shaping the firm's current success and culture. Surett's appointment is seen as a strategic move to continue this trajectory, with his extensive background in private equity, public markets, and complex capital structures.

Jim Peko, CEO of Grant Thornton, highlighted the significance of Surett's fresh perspective and experience in enhancing value for clients and employees alike. Surett's previous roles, including CFO at Transportation Equipment Network and Ports America, have equipped him with the expertise to navigate the challenges and opportunities of Grant Thornton's expanding global operations.

Surett expressed his enthusiasm for the role, emphasizing his commitment to strengthening the firm's financial strategy and supporting its momentum. His educational background, with a bachelor's degree in accounting and an MBA in finance, further underscores his qualifications for the position.

This leadership change underscores Grant Thornton's commitment to maintaining its position as a premier provider of audit, tax, and advisory services. With Surett at the financial helm, the firm is well-positioned to navigate the complexities of global expansion and continue delivering exceptional service to its clients worldwide.