New Leadership in Global Advisory Networks: A Shift in Strategy and Vision
January 24, 2025, 7:26 am
In the ever-evolving landscape of global advisory networks, leadership changes often signal a shift in strategy and vision. Recently, Nexia appointed Matthew Howell as its new CEO, while Praxity welcomed Nikolas Hatzistergos and Marco Carlei to its management board. These appointments reflect a broader trend of seeking fresh perspectives and diverse experiences in leadership roles.
Matthew Howell’s appointment at Nexia is particularly noteworthy. He steps into the role with a wealth of experience, yet his path to the top is unconventional. Howell has been away from the accounting and consulting industry for nearly a decade. His most recent position was as interim chief of the Chartered Institute of Procurement & Supply (CIPS). Before that, he held marketing leadership roles at RSM and Deloitte. This background in membership organizations and marketing gives him a unique lens through which to view Nexia’s operations.
Nexia is no small player. With annual revenues exceeding $5 billion, it ranks among the top ten global advisory firms. Howell’s task is to steer this ship into its next chapter. His vision includes innovation, inclusivity, and a commitment to delivering value. He aims to elevate the firm’s global presence, especially among middle-market organizations. This focus on middle-market clients is strategic. It positions Nexia to tap into a segment that often feels overlooked by larger firms.
In contrast, Praxity’s recent board elections highlight a different approach. The alliance, which boasts members in over 120 countries and combined revenues exceeding $10 billion, has chosen seasoned veterans for its management board. Hatzistergos and Carlei bring decades of experience to the table. Hatzistergos has been in the advisory business for over 45 years, while Carlei’s career spans more than four decades. Their extensive backgrounds in the industry suggest a focus on stability and continuity.
Praxity’s leadership is a blend of seasoned expertise and fresh perspectives. This balance is crucial for navigating the complexities of the global advisory landscape. The board, chaired by Steffen Ahrens, includes leaders from various countries, ensuring a diverse range of insights and strategies. This diversity is essential in a world where client needs are constantly changing.
Both Nexia and Praxity are responding to the demands of a dynamic market. The global advisory sector is not static. It requires leaders who can adapt and innovate. Howell’s appointment at Nexia signals a willingness to embrace change. His fresh perspective could be the catalyst for new strategies that resonate with clients.
Meanwhile, Praxity’s board reflects a commitment to leveraging deep industry knowledge. The experience of Hatzistergos and Carlei can guide the alliance through challenges and opportunities alike. Their established networks and understanding of market dynamics will be invaluable as Praxity seeks to enhance its global collaboration.
The contrasting approaches of Nexia and Praxity illustrate the diverse strategies within the advisory sector. Nexia is taking a bold step by bringing in an outsider with a fresh vision. This could lead to innovative practices that disrupt the status quo. On the other hand, Praxity is reinforcing its foundation with experienced leaders who understand the intricacies of the industry.
The implications of these leadership changes extend beyond the firms themselves. They signal a broader trend in the advisory sector. Firms are increasingly recognizing the value of diverse experiences and perspectives. This shift is essential for staying relevant in a competitive landscape.
As Howell takes the helm at Nexia, he faces the challenge of uniting a global network of firms. His experience in membership organizations will be crucial in fostering collaboration and engagement among Nexia’s 230 firms across 120 countries. The goal is to create a cohesive strategy that aligns with the needs of middle-market clients while driving innovation.
For Praxity, the election of Hatzistergos and Carlei is a strategic move to enhance its global presence. Their leadership will be instrumental in championing collaboration among member firms. This is vital in a world where clients expect seamless service across borders.
In conclusion, the recent leadership changes at Nexia and Praxity reflect a dynamic and evolving advisory landscape. Howell’s fresh perspective at Nexia could lead to innovative strategies that resonate with clients. Meanwhile, the seasoned leadership of Hatzistergos and Carlei at Praxity ensures stability and continuity. Both firms are poised to navigate the complexities of the global market, each in their unique way. The future of advisory services will be shaped by these leaders and their ability to adapt to an ever-changing environment.
Matthew Howell’s appointment at Nexia is particularly noteworthy. He steps into the role with a wealth of experience, yet his path to the top is unconventional. Howell has been away from the accounting and consulting industry for nearly a decade. His most recent position was as interim chief of the Chartered Institute of Procurement & Supply (CIPS). Before that, he held marketing leadership roles at RSM and Deloitte. This background in membership organizations and marketing gives him a unique lens through which to view Nexia’s operations.
Nexia is no small player. With annual revenues exceeding $5 billion, it ranks among the top ten global advisory firms. Howell’s task is to steer this ship into its next chapter. His vision includes innovation, inclusivity, and a commitment to delivering value. He aims to elevate the firm’s global presence, especially among middle-market organizations. This focus on middle-market clients is strategic. It positions Nexia to tap into a segment that often feels overlooked by larger firms.
In contrast, Praxity’s recent board elections highlight a different approach. The alliance, which boasts members in over 120 countries and combined revenues exceeding $10 billion, has chosen seasoned veterans for its management board. Hatzistergos and Carlei bring decades of experience to the table. Hatzistergos has been in the advisory business for over 45 years, while Carlei’s career spans more than four decades. Their extensive backgrounds in the industry suggest a focus on stability and continuity.
Praxity’s leadership is a blend of seasoned expertise and fresh perspectives. This balance is crucial for navigating the complexities of the global advisory landscape. The board, chaired by Steffen Ahrens, includes leaders from various countries, ensuring a diverse range of insights and strategies. This diversity is essential in a world where client needs are constantly changing.
Both Nexia and Praxity are responding to the demands of a dynamic market. The global advisory sector is not static. It requires leaders who can adapt and innovate. Howell’s appointment at Nexia signals a willingness to embrace change. His fresh perspective could be the catalyst for new strategies that resonate with clients.
Meanwhile, Praxity’s board reflects a commitment to leveraging deep industry knowledge. The experience of Hatzistergos and Carlei can guide the alliance through challenges and opportunities alike. Their established networks and understanding of market dynamics will be invaluable as Praxity seeks to enhance its global collaboration.
The contrasting approaches of Nexia and Praxity illustrate the diverse strategies within the advisory sector. Nexia is taking a bold step by bringing in an outsider with a fresh vision. This could lead to innovative practices that disrupt the status quo. On the other hand, Praxity is reinforcing its foundation with experienced leaders who understand the intricacies of the industry.
The implications of these leadership changes extend beyond the firms themselves. They signal a broader trend in the advisory sector. Firms are increasingly recognizing the value of diverse experiences and perspectives. This shift is essential for staying relevant in a competitive landscape.
As Howell takes the helm at Nexia, he faces the challenge of uniting a global network of firms. His experience in membership organizations will be crucial in fostering collaboration and engagement among Nexia’s 230 firms across 120 countries. The goal is to create a cohesive strategy that aligns with the needs of middle-market clients while driving innovation.
For Praxity, the election of Hatzistergos and Carlei is a strategic move to enhance its global presence. Their leadership will be instrumental in championing collaboration among member firms. This is vital in a world where clients expect seamless service across borders.
In conclusion, the recent leadership changes at Nexia and Praxity reflect a dynamic and evolving advisory landscape. Howell’s fresh perspective at Nexia could lead to innovative strategies that resonate with clients. Meanwhile, the seasoned leadership of Hatzistergos and Carlei at Praxity ensures stability and continuity. Both firms are poised to navigate the complexities of the global market, each in their unique way. The future of advisory services will be shaped by these leaders and their ability to adapt to an ever-changing environment.