30-year veteran brings extensive client service and leadership skills to the role
MINNEAPOLIS, Minn., October 2, 2013 – PwC US today announced the appointment of Thomas Montminy to Managing Partner of the firm’s Greater Minneapolis market, effective immediately. Montminy brings 30 years of experience to the role and will be responsible for leading more than 540 professionals in delivering audit, tax and advisory services to clients in the firm's Minneapolis office.
Montminy succeeds Jim Kolar, who led the Greater Minneapolis market for PwC for the last six and a half years during which time, the office experienced a 55 percent growth in employees. Kolar recently relocated to Chicago after being named the Managing Partner of PwC’s Greater Chicago market, where he oversees PwC’s Chicago, Milwaukee, Peoria and Des Moines offices and more than 2,800 professionals.
“Tom is a natural leader and is equipped with the deep industry and technical experience and skills necessary to help our Minneapolis-based clients’ succeed,” said Jim Kolar, Managing Partner of PwC’s Greater Chicago market and member of PwC’s U.S. Board of Partners and Principals. “PwC is committed growing our base of partners and staff, and we need an experienced leader to guide them and expand our practice. That’s why we tapped Tom for this position, and we’re excited to have him take on this new role.”
Montminy has spent the majority of his career with PwC servicing both venture-backed as well as large-cap multinational industrial and medical technology companies and assisting them with IPOs, mergers, acquisitions, corporate ventures and numerous other complex public and private debt and equity financings. He started his career in PwC’s Boston office and also worked in PwC’s National Office in New York for three years where he spent considerable time streamlining and developing practical policies and training for PwC professionals as well as directly assisting engagement teams on effective and efficient client service strategies.
“PwC has been in Minneapolis for over 50 years and the market is known for some of the greatest ingenuity and entrepreneurship in the nation,” said Montminy. “I am excited and honored to have the opportunity to work with a talented and dedicated group of professionals who are committed to bringing the utmost quality service to businesses in the area.”
Over the past few years, Montminy was PwC’s representative on the COSO Advisory Council during the updating of Internal Control – Integrated Framework. Montminy has also been a frequent speaker at various national and local industry, auditing and accounting forums such as the IBF and Minnesota LifeScience Alley MedTech Investing Conference, Accounting and Reporting Congress, BIO CEO Conference and various MassMedic Conferences.
Montminy received his bachelor’s degree in accounting from Boston College and has served as a member of the Boston College Accounting Advisory Board. He is a Certified Public Accountant (CPA) licensed in Minnesota, Massachusetts and New Jersey and is a member of the American Institute of CPAs and the Minnesota and Massachusetts Society of CPAs.
In addition to his professional affiliations, Montminy leads the firm’s recruiting efforts at the University of Minneapolis Carlson School and is a member of the Greater Twin Cities United Way’s Tocqueville Society.
Montminy looks forward to furthering his personal community involvement in his new role and continuing to offer employees volunteer opportunities throughout the year. PwC is committed to giving back to the community and has numerous relationships with local organizations in Minneapolis, dedicating countless volunteer hours and financial investments. Through PwC’s Earn Your Future initiative, PwC is committed to leveraging the time, skills and talents of its people with a focus on youth education. PwC also works with United Way, AchieveMpls, Cristo Rey Jesuit High School, Habitat for Humanity, Junior Achievement and Camp Fire, and other organizations throughout the region. PwC is also a co-sponsor of the United Way's Emerging Leaders giving community.
“Jim set strong examples to our staff that we each play an important role helping the community thrive,” said Montminy. “I plan to set the same example and ensure that PwC Minneapolis employees continue to be engaged and active corporate citizens.”
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