RSM International, the leading global network of audit, tax and consulting firms focused on the middle market, has appointed Paul Herring as Global Chief Innovation Officer. Paul will join the Global Executive Office, reporting directly to RSM International’s CEO, Jean Stephens.
The role will see Paul take the lead on executing developments in digital and innovation, applying technology to accelerate the business strategy and integrating a transformation imperative into all areas of the network. Paul joins from Grant Thornton with more than thirty years’ experience garnered in a number of senior global leadership roles relating to innovation, risk, governance and strategy.
Speaking of his appointment, Paul said:
“I am thrilled to be joining RSM’s diverse and talented team of global thinkers. The network has a strong innovative culture focused around understanding the needs and challenges of middle market businesses, helping them to identify and capitalise on transformational opportunities. I am looking forward to working with member firms to ensure that, together, we are effectively harnessing and utilising the great work being done, in order to support our clients and power the next phase of our own growth.”
Paul’s appointment comes in the wake of RSM’s recent Catch 22: Digital transformation and the impact on cybersecurity report, on innovation within middle-market businesses. The survey highlighted that whilst an overwhelming 80% of companies involved in the survey said that digital transformation is a strategic priority for them, only 21% have a holistic strategy in place to pre-empt the increased risk involved with such transformation.
Jean Stephens, CEO of RSM International, added:
“Innovation is at the very heart of our network. It is crucial to the way we work with our colleagues and helps drive internal efficiencies. More importantly, it enables clients, particularly across the middle market, to generate further value, enhance growth and create advantages over competitors.
“Ground-breaking innovation cannot be achieved in silos, so Paul’s arrival will be instrumental in providing a clear direction for our network’s creative energy.
“Paul’s ability to coordinate with member firms to capitalise on the potential of data and technology, on a global scale, will be vital as we look to continue delivering fresh thinking and new ideas for clients in a rapidly changing world.”