Don Manifold will start as managing partner of the Adelaide office on 1 January 2015, replacing current managing partner Chris Sharpley.
Mr Manifold has over 15 years’ experience in transaction advisory and has advised on transactions in Australia, England, Croatia and Papua New Guinea across a broad range of industries including financial services, manufacturing, retail and information technology. He joined EY as a partner in 2012, most recently leading the Transaction Advisory Service for Adelaide.
Mr Manifold said he is excited to lead the firm though the rapid transition that is currently taking place in the South Australian economy.
“South Australia’s future economy will be very different to what it is today. I believe we will have a greater reliance on the energy, resources and healthcare sectors and a smaller reliance on the traditional mass manufacturing base,” Manifold said.
“I am looking forward to leading our firm’s effort to support South Australian business and government in dealing with this transition and building a better South Australia.”
“From a personal perspective, helping our people succeed and grow gives me great satisfaction and I am keen to continue to build our South Australian business to give our people even more opportunities.”
Current managing partner Mr Sharpley is retiring after three years as Adelaide managing partner and 38 years with the firm.
Mr Sharpley said he has seen enormous change in both the firm and the wider accounting profession over the course of his career.
"It’s a far more dynamic profession than it used to be. When I started, professional service firms were primarily audit and tax focused. While these areas of our practice are still important parts of the business, we now do so much more,” Sharpley said.
“We’re not just accountants. We have people in our Adelaide team who are heavily involved in areas such as infrastructure advisory, productivity advisory, performance improvement, mergers and acquisitions, due diligence, and research and development advisory, just to name a few.”
“We’ll be taking on 24 new graduates in our Adelaide office next year and, while many will still have accounting or finance backgrounds, we are also recruiting economics graduates to work in infrastructure advisory, and engineering and geology graduates to work in research and development advisory.”