A new Grant Thornton report estimates the total cost of cyber attacks to businesses worldwide in the past 12 months has reached $315 billion. One in six businesses have experienced cyber attacks during that period with companies in Europe and North America as among the top targets, Grant Thornton said Sept. 22. Grant Thornton surveyed 2,500 business leaders […] More

Forty-two percent of U.S. government contracting firms that responded to a Grant Thornton survey reported growth in revenues from their contracts with public sector organizations during the past fiscal year. The professional services company’s 2015 Government Contractor Industry Survey also found that 37 percent of respondents saw their contract revenues decline as a result of […] More

Grant Thornton has added new hires Joe Tria, Laura Sue D’Annunzio and Tracy McShane-Wilson to its “People and Culture” leadership team, where they will work on the recruitment and development of the company’s human resources. The company said Thursday Tria and D’Annunzio will work from the Chicago office, while McShane-Wilson will be based in Dallas. “Joe, Laura Sue and Tracy […] More

Grant Thornton has announced that Chief Administrative Officer Terrance Bilbo will officially join the company’s senior leadership team on Aug. 1. “Terry is an accomplished leader who has demonstrated an extraordinary ability to solve complex organizational issues and improve operations and profitability,” J. Michael McGuire, CEO of Grant Thornton, said Tuesday. Bilbo holds more than […] More

Paul Raleigh, formerly global leader for strategic development and growth at Grant Thornton, has taken a new role as global leader for growth and advisory services at the professional services firm. He succeeds the retiring Nigel Ruddock and will also serve as regional leader for the company’s European business, Grant Thornton said Thursday. Grant Thornton […] More

Holly Janssen serves as vice president of finance at Thomson Reuters, where she helps to develop strategic, operational and financial plans to grow the company’s court management services. Before taking that role in July 2014, Janssen was the senior director of finance at the company from 2007 to 2014, with responsibility in creating pricing models meant to […] More

Dan Mennel, formerly managing director at KPMG, has been appointed as a partner to oversee Grant Thornton’s San Jose, California-based strategic federal tax services group. He has worked at companies in aerospace, manufacturing and pharmaceutical sectors and dealt with issues concerning research and development tax credits, Grant Thornton said Tuesday. “Dan’s broad and deep knowledge […] More

The U.S. Air Force has chosen Array Information Technology to upgrade the data systems that back the supply chain platform the military branch uses to support its aerial combat missions. The company said Tuesday it will work with NTT Data, PracTrans and TSRI to make enhancements to the Air Force Integrated Logistics System-Supply, which delivers mission-related equipment for the Air National […] More

Mark Dorfman serves as executive vice president, general counsel and secretary at DRS Technologies. In this position, Dorfman regularly provides advice and counsel to the board of directors and executive management of the company on legal and business matters and is responsible for the company’s legal and regulatory affairs, ethics and compliance programs and corporate governance activities. He […] More

CTI Resource Management Services has chosen Deltek to help with enterprise resource planning using its Costpoint in the Cloud system. Deltek said Tuesday that CTI envisions Deltek Costpoint as providing structure to the Jacksonville, Florida-based government contractor’s operations in the areas of workforce and financial management, reporting and compliance. Deltek’s cloud ERP system works to […] More

Joseph Loretto, formerly U.S. resident partner for Grant Thornton‘s Brazil business, has taken a new role as audit partner and International Business Center director for the Americas and Central region. Loretto will support engagement between member firms of Grant Thornton International and oversee international business opportunities as an IBC director, the company said Monday. “He will be integral in continuing […] More

Stephen Chipman, who will be succeeded by Mike McGuire as CEO of Grant Thornton in 2015, will take the role of senior vice chair at the global consulting and professional services firm on Jan. 1, 2015. The firm’s revenue has grown 22 percent over the last three fiscal years and launched business groups in China, India and […] More