July 12, 2011
Marcum LLP Names Paul T. Sherman Partner-in-Charge of New York City Office
NEW YORK – July 12, 2011 – Paul T. Sherman, CPA, Chief Operating Officer of Marcum LLP, has been named Partner-in-Charge of Marcum's New York City office. He will be responsible for managing office operations, supervising staff, enhancing operating efficiencies and continuing to expand its growing client base. As an integral part of the firm's leadership team, Mr. Sherman will continue to serve as chief operating officer overseeing operations, systems integration and efficiency improvements firm-wide.
“This is a perfect fit for Paul. He fully understands our corporate culture and dynamics,” stated Marcum's Managing Partner Jeffrey M. Weiner. “Paul has been an invaluable member of our executive suite as COO and will continue to help move our firm forward as the Partner-In-Charge of the New York City office.”
A seasoned accountant, Mr. Sherman works closely with middle-market clients providing business and tax consulting services. He has led numerous audit and tax engagements involving public and private companies and has conducted due diligence reviews in connection with mergers and acquisitions as well as accounting. Mr. Sherman served as a lead member of an exclusive investigatory team that performed special assignments for the Federal Deposit Insurance Corporation (FDIC). In addition, he has provided tax and consulting services to entrepreneurial businesses with a specific emphasis on outsourcing the chief financial officer functions for these companies.
Mr. Sherman was appointed chief operating officer in 2010 after serving as Marcum's Firm-wide Partner-in-Charge of Human Resources, managing all aspects of recruitment, compensation, career development, benefits administration and personnel policy development. Before this, he served as Administrative Partner for the firm's New York City office. Mr. Sherman joined Marcum in 1994.
Mr. Sherman is a member of the American Institute of Certified Public Accountants (AICPA) and the New York State Society of Certified Public Accountants (NYSSCPA) where he served as Past Chairman of its Banks and Savings Institutions Committee and Ethics Committee. He is also a member of the Accountants Club of America.
Mr. Sherman received a Bachelor of Science in Accounting from Queens College. He resides in Jericho, New York and is active with community initiatives and the local school district.
About Marcum LLP
Marcum LLP is one of the largest independent public accounting and advisory services firms in the nation, with offices in major business markets throughout the U.S., as well as Grand Cayman, China and Ireland. Headquartered in New York City, Marcum provides a full spectrum of traditional tax, accounting and assurance services; advisory, valuation and litigation support; and an extensive range of specialty and niche industry practices. The Firm serves both privately held and publicly traded companies, as well as high net worth individuals, private equity funds and hedge funds, with a focus on middle-market companies and closely held family businesses. Marcum is a member of the Marcum Group, an organization providing a comprehensive array of professional services.