Mark Levenfus Becomes Managing Partner Emeritus of Marks Paneth

2/9/16

NEW YORK--(BUSINESS WIRE)--Leading accounting, tax and advisory firm Marks Paneth LLP has named Mark Levenfus as Managing Partner Emeritus, effective January 1, 2016. Mr. Levenfus recently served as Co-Managing Partner with Harry Moehringer, who continues to serve as the firm’s Managing Partner.

“The Marks Paneth family extends its deepest gratitude to Mark for his many years of dedicated service,” said Mr. Moehringer. “His leadership helped guide us to become a top-tier firm in the markets we serve.”

During Mr. Levenfus’ and Mr. Moehringer’s terms as Managing Partners, Marks Paneth grew its revenues by approximately 60 percent. Revenues for 2015 were $113 million. During their tenure, the firm experienced significant regional growth – adding offices in Washington, DC, New Jersey and Westchester County, NY – and expanded its Financial Advisory Services group by adding depth of expertise in international trade litigation and valuation services. In addition, the firm developed a State and Local Tax practice and increased its international capabilities to ensure client service and coverage of the highest caliber.

“During our time as Co-Managing Partners, Harry and I developed a clear strategic vision. As evidenced by the recent milestones the firm has crossed, this vision is coming to fruition.” said Mr. Levenfus. “I look forward to continuing to leverage my network of professional contacts to assist the firm in its pursuit of strategic growth and business development opportunities.”

Effective January 1, 2016, Mr. Levenfus became Chairman of Morison International, a global association of independent accounting and consulting firms of which Marks Paneth is a member. Morison International has merged with KS International and effective April 1, 2016 will operate as Morison KSi. The merger forms a $1 billion international association consisting of 1,201 partners, 8,990 professional staff and 375 offices in 88 countries.

For more information, please contact John McKenna of ICR Inc. at (203) 682-8252 or john.mckenna@icrinc.com.

About Marks Paneth

Marks Paneth LLP is an accounting firm with more than 600 people, including over 80 partners and principals. The firm provides public and private businesses with a full range of auditing, accounting, tax, consulting, trade remediation and valuation services, as well as litigation and financial advisory services to domestic and international clients. The firm also specializes in providing tax advisory and consulting for high-net-worth individuals and their families, as well as a wide range of services for international, real estate, hospitality, media, entertainment, nonprofit and government services clients. Marks Paneth has a strong track record supporting emerging growth companies, entrepreneurs, business owners and investors as they navigate the business life cycle.

The firm's subsidiary, Tailored Technologies, LLC, provides information technology consulting services. In addition, its membership in Morison International, a leading international association for independent business advisers, financial consulting and accounting firms, facilitates service delivery to clients throughout the United States and around the world. Marks Paneth, whose origins date back to 1907, is the 35th largest accounting firm in the nation and the 9th largest in the mid-Atlantic region. In addition, readers of the New York Law Journal rank Marks Paneth as one of the area's top three forensic accounting firms for the sixth year in a row.

Its headquarters are in New York City. Additional offices are in Washington, DC, New Jersey, Long Island and Westchester. For more information, please visit markspaneth.com.

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