Wednesday 24 June 2015

Crowe-Maxwell retires from BDO

Atle Crowe-Maxwell
Image courtesy: BDO
THE ructions continue at BDO with the company confirming this afternoon that Atle Crowe-Maxwell, partner-in charge-of the Sydney office's business recovery and insolvency division, has also left.

The admission comes a day after the firm announced it had stood down its East Coast Practice chief executive, Chris Brant.

"Mr Crowe-Maxwell had been on leave for some time for personal reasons, and he has now decided to step down from the partnership and take a short break," BDO said in a statement.

"Melbourne-based Partner and restructuring specialist, Rachel Burdett-Baker has taken up the role of Partner in Charge of BR&I.

"Mr Crowe-Maxwell joined BDO in 2012, with the integration of PKF’s Sydney and Melbourne offices. He is a 20-year veteran of insolvency and litigation support," BDO said.

BDO Sydney's managing partner Grant Saxon said Crowe-Maxwell's "retirement is due to personal reasons and comes at a time of his choosing.

"Chris Brant’s departure is a completely separate matter. Chris’ role was no longer required due to some restructuring and change of focus approved by the BDO Board."

“It’s a reality of business that as the environment changes, so must we. BDO is evolving and the decision to replace the CEO role with Managing Partners in Sydney and Melbourne is a strategic decision in line with our future plans.”

The announcement of Crowe-Maxwell's departure comes one day after SiN sought confirmation from BDO that he was on leave as a result of 'erratic behaviour', unconfirmed rumours of which continue to circulate. Crowe-Maxwell did not return calls.

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