A MANAGEMENT RESHUFFLE at top 30 firm Price Bailey has seen Martin Clapson appointed its new managing director.
At its AGM on 13 June, Peter Gillman stepped down as MD to take the firm’s executive chairman role.
Clapson, who takes his place, has served on the firm’s board since 2004, having joined in 1987. He currently heads the firm’s compliance function and is European chairman of international association IAPA.
Clapson said: “I am honoured to be appointed the new managing director of Price Bailey. I have been with Price Bailey for 25 years and the firm has achieved so much success over the years especially under Peter Gillman’s guidance and leadership. I hope but also fully expect our success to continue.”
Gillman takes on the executive chairman role from Richard Price, who retires from the firm after 45 years’ service. Price was the last link to the firm’s founding partners, as son of Stanley Price.
Gillman remains as a partner, and will also lead the firm’s professional practice.
The firm has undergone a successful period in its history, winning Large Firm of the Year at the Accountancy Age Awards in 2010. It was also the first firm to set itself up as an alternative business structure (ABS), allowing it to recruit a solicitor in its payroll department.
The firm has also seen its revenues climb to £19.5m in 2012, taking it to 30 in the Accountancy Age Top 50, from £10.2m ten years’ ago (ranked 40).
The firm has also opened offices in the City, Mayfair and Guernsey.
“My main sense of achievement is not only to see Price Bailey grow within the UK and internationally over the past 12 years, but also to help create a firm fit for the 21st century with contemporary policies in all areas of the practice,” said Gillman.
“We are able to look forward to continuing to develop the firm in the years ahead and in Martin I know we have an excellent MD to lead the business to even greater achievements.”
Picture (l-r): Martin Clapson and Peter Gillman