Thursday, July 24, 2014
Inquirer Daily News

Accounting layoffs

2 managers, 22 staff out at ParenteBeard

Accounting layoffs

ParenteBeard, the largest accounting firm based in Philadelphia with nearly 1,000 partners and staff in 19 offices in Pa., N.J., and N.Y., laid off 22 employees on June 2, including 6 from its Philadelphia-South Jersey region, the rest spread around the firm's network of central Pennsylvania, New York and North Jersey offices. 

Separately, Albert Miller, managing director for client service, and Amber Mallon, chief marketing officer, have left the firm, spokeswoman Nikki Elkins confirmed. Miller and Mallon didn't immediately respond to messages seeking comment.

"Like many organizations, we regularly evaluate our business to be more efficient and effective," according to a ParenteBeard statement in response to my query. The dismissals came four months after ParenteBeard picked up a team of new partners and staff from Baltimore's Invotex Group.  Last year I wrote about at least 18 partners who left after a previous string of mergers. 

Joseph N. DiStefano
About this blog

PhillyDeals posts raw drafts and updates of Joseph N. DiStefano's columns and stories about Philly-area finance, investment, commercial real estate, tech, hiring and public spending, which he's been writing since 1989, mostly for the Philadelphia Inquirer.

DiStefano studied economics, history and a little engineering at Penn, taught writing at St. Joe's, and has written the book Comcasted, more than a thousand columns, and thousands of articles, and raised six children with his wife, who is a saint.

Reach Joseph N. at JoeD@phillynews.com or 215 854 5194.

Joseph N. DiStefano
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