Having spent 17 years as a board director, Fay’s election as chairman is the first time a director has been appointed from outside the company’s founding countries of the US and UK.
A managing and founding partners at UHY Fay & Co – UHY’s Spanish member firm, he is trilingual in French, Spanish and English.
One of his key priorities will be to build UHY’s global growth and brand presence so it can continue to meet clients’ needs against an international backdrop.
Fay said: “From a small group of forward thinking executives spanning the Atlantic, UHY has grown into a substantial, truly global network, delivering quality international accounting and business advisory services to ambitious midmarket SMEs and entrepreneurs, and to larger companies looking for a refreshing alternative to the Big Four.”
Citing regulation and a rapidly evolving marketplace as two of the biggest challenges currently facing the business, he also said he was looking forward to the fresh opportunities created by technology and globalisation.
Fay takes over from former chairman Ladislav Hornan, managing partner at UHY Hacker Young, London, the UK based founding member firm of the UHY network. Hornan will remain on the UHY board of directors.
