Tuesday, July 12, 2011

Arthur Andersen Alumni Form CrossCountry Consulting

Two prominent Washington DC professional services executives have announced that they have joined forces to form CrossCountry Consulting. The firm, established by Dave Kay, former Managing Partner of Arthur Andersen’s Mid-Atlantic Assurance and Risk Management services practice, and Erik Linn, former leader of Navigant Consulting’s Financial Services Practice, will provide project-based finance, accounting and operational consulting services to help leading organizations respond to opportunities, address complex change, and improve operations. The new firm, based in Tysons Corner, Virginia, will specialize in providing Finance Transformation, Accounting Advisory, Litigation & Forensic Consulting, and Risk Management services.

“The timing of our launch could not be better,” said Erik Linn, founding partner of CrossCountry. ”The recovering economy has led to the return of the IPO market as well as a surge in M&A activity, both of which drive demand for consulting firms with a deep knowledge of the finance function. In addition, the financial crisis has left a tremendous volume of litigation in its wake that is just beginning to work its way through the legal system. In both cases, clients need a partner that can provide a unique blend of critical skills – deep accounting knowledge, risk management expertise, process improvement know-how, and experience implementing key enabling technologies – to help drive successful project outcomes.”

CrossCountry is the second consulting start-up for Mr. Linn, who founded Capital Advisory Services (“CapAdvisory”) in 1999 after beginning his career at Arthur Andersen. Mr. Linn led CapAdvisory through five years of tremendous growth – with clients including several Fortune 500 companies based in the Washington DC area – before selling the firm to Navigant Consulting in 2004.

Dave Kay’s career includes over twenty-two years with Arthur Andersen, where he served as Managing Partner of the Mid-Atlantic Assurance and Risk Management services practice. In 2005, Mr. Kay joined Navigant Consulting to co-lead the firm’s Finance and Accounting Solutions practice with Mr. Linn. Mr. Kay departed Navigant to become the CFO of a public company.

“There is no doubt that CFOs are operating in a ‘zero tolerance for error’ environment, whether it is related to financial reporting or risk management. As a result, there is a great demand for finance and accounting consulting services to meet the challenges of the CFO’s world,” commented Dave Kay. ”CrossCountry’s team of dynamic, enthusiastic and motivated consultants are true experts in the finance function and we look forward to creating a significant presence in the Washington, DC finance and accounting marketplace.”

About CrossCountry Consulting

CrossCountry Consulting provides project-based finance, accounting and operational consulting services to help leading organizations respond to opportunities, address complex change, and improve operations. CrossCountry’s consultants are experienced professionals, generally with a big Four accounting or consulting background, that thrive on partnering with clients to achieve collective success. For more information about CrossCountry please visit crosscountry-consulting.com.

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