The decision was made on Monday 20 April at a general meeting hosted by the board via an audio-visual link, at which a comfortable majority of the shareholding vote voted in favour of Mr Donaldson as the partner best placed to lead the firm.
Rob, who has led RSM’s national corporate finance service line for the past six years and recently, the restructuring advisory business, is based out of the firms London Farringdon Street headquarters. Having been with the firm since 1990, Rob will bring to bear 30 years’ experience including 20 years as head of mergers and acquisitions and private equity. He has also been a member of the firm’s national leadership team for six years.
This important appointment represents the very foundation upon which RSM will continue to grow the business to meet the many opportunities and challenges of the years ahead, and to strengthen and expand its capabilities for its clients.
Rob Donaldson, CEO of RSM UK said, ‘I’m delighted to be appointed as CEO. It is a privilege to not only be given the opportunity to lead this group of incredibly talented and ambitious people, but also to receive the clear backing from the partners and shareholders. I am grateful to have received such a clear mandate to lead RSM UK into an exciting new chapter.
‘During this tremendously challenging period for all of us, our priority in the short term is to continue to carefully manage the wellbeing of our people, and to protect the business in the interests of our clients. For that reason, I will be announcing my new board, followed by the wider national leadership team, over the course of the next 48 hours. As we continue to monitor and respond to these complex and rapidly evolving market conditions, the continuity of the business is my absolute priority.
‘Looking to the future, our breadth of service and sector line capabilities are among the most diverse in the UK. We also enjoy the strongest regional presence in the middle market. I’m therefore hugely excited at the prospect of leading the firm with our continued commitment to delivering high quality business services.”