UHY Advisors, a national accounting, tax, and consulting firm, announced that Steve McCarty has been elected CEO, effective January 2019. McCarty succeeds Tony Frabotta, with Frabotta assuming the role of chairman.
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 am grateful to our board for putting their trust in me to lead UHY’s national operations,” says 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 has experience advising clients on comprehensive tax, audit, and business consulting solutions around the country. He has completed 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.
“Steve has been with UHY nearly 27 years and has proven himself as an exceptional colleague, industry professional and leader within the firm,” says Frabotta. “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.”
McCarty also 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.
“I look forward to focusing on the development of our associates and expanding our UHY footprint,” says McCarty. “UHY has a solid middle-market reputation and, when coupled with our international reach, we are uniquely positioned to grow around the U.S. and abroad.”
McCarty is a certified management accountant and a licensed CPA in Florida and Michigan.
UHY Advisors Inc. provides tax and business consulting services through wholly owned subsidiary entities. 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.