UHY Advisors chairman and CEO Steve McCarty has presided over the firm growing its revenue in the past two years by approximately 25%, from $181 million to $225 million, as the firm also pursues merger deals.
McCarty became head of the Farmington Hills, Michigan-based firm in January 2019, but he has been at UHY since 1992 after beginning his career at a large hospital nonprofit. “I’ve been at UHY for 30 years and I came up on the tax side, focused solely on the middle market, and transitioned into our audit practice pretty early in my career and then created our corporate finance offering,” he told Accounting Today. “I moved into our corporate finance practice, and I still chair that today. That launched me into our board nationally.”
Since he was elected CEO three years ago, he has needed to steer the firm successfully through the pandemic. “It’s been a hell of a time to do that during COVID and everything else, but I guess there’s no better time to learn than working through that,” said McCarty. “We have a great firm and that’s one of the reasons I’ve been here for 30 years. We've always been really focused on our clients. When I took the role as CEO, one of the things that I really wanted to do was spread the word and share all the great things that we're doing here. Part of that was putting in place a strategic plan that had us looking forward to 2025. I’d like to think that's helping contribute to the growth.”
He noted that UHY is focused on quality and customer service while it also looks to grow. “As long as we do those things right, everything else will fall into place,” said McCarty. “We’ve been really intentional about the areas that we want to grow that focus on a number of different initiatives. For some of that growth, there’s no doubt the M&A activity has contributed to that.”
Subscribers can read the full article published by Accounting Today.
Non-subscribers may request a copy of the article using the form on this page.
Have a Question?
Please complete this form to receive a copy of the article