New York, NY (July 23, 2020) – As part of its strategic succession and leadership transition plan, leading accounting, tax and advisory firm, Marks Paneth LLP, has announced that Abe Schlisselfeld has been elected Successor Managing Partner to the current Managing Partner, Harry Moehringer, who is approaching retirement. Mr. Schlisselfeld’s term begins January 1, 2021, and he will serve as Co-Managing Partner with Mr. Moehringer during a transitional period.
Mr. Schlisselfeld is the Partner-in-Charge of Marks Paneth’s Real Estate Group, one of the oldest and largest practice groups within the firm. He also serves as Growth and Alliance Leader of Marks Paneth, assessing mergers, acquisitions, alliances and other efforts, and is a member of the firm’s Executive Committee, which sets policy and strategy for the firm. For more than two decades, he has dedicated his career to serving the real estate industry, advising commercial and residential real estate owners, real estate management firms and real estate investment trusts (REITs) on all facets of accounting and taxation. He has been at the forefront of examining the tax benefits and implications of the Qualified Opportunity Zones program since its introduction in the Tax Cuts and Jobs Act of 2017, enabling him to become a significant thought leader on the topic.
“Abe brings tremendous experience along with a legacy of contributing to the growth and development of Marks Paneth during his many years in leadership positions at the firm,” said Mr. Moehringer. “Abe and I have worked closely together for over 20 years, and I could not be more pleased and excited that our Partners overwhelmingly agreed that Abe represents the next generation of strong leadership at our firm as it continues to grow and prosper.”
“It truly an honor and a privilege to be elected to this role and to work with Harry during this transitional period as we continue to serve our valued clients, colleagues and community,” Mr. Schlisselfeld said. “The culture and philosophy at Marks Paneth are essential to our success,” he continued. “Our focus on providing top-notch client service has led to tremendous opportunities for the firm, and my goal is to build on the successes the firm has achieved to date.”
Mr. Moehringer and Mr. Schlisselfeld will continue to work closely as Co-Managing Partners with the other members of the Executive Committee on firm strategy, client service and operating decisions.
About Marks Paneth LLP
Marks Paneth LLP is a premier accounting firm with origins dating back to 1907. With a team of nearly 700 professionals, the firm provides a full range of audit, accounting, tax and consulting services, with specialties in business continuity, international tax, forensic accounting, litigation support, technology, family office and financial advisory services.
Marks Paneth professionals deliver expert knowledge in a wide range of industries, including real estate, hospitality and restaurants; nonprofit, government and healthcare; manufacturing, wholesale
and distribution; theater, media and entertainment; high-net-worth; financial services; and professional services. The firm offers expanded resources through its membership in Morison KSi Ltd., a global association of professional service firms serving clients’ cross-border accounting, tax and consulting needs.
Headquartered in New York City, with offices in major markets throughout the East Coast, Marks Paneth is ranked by Accounting Today among the 50 largest accounting firms in the nation and the top 10 in the Mid-Atlantic Region. For more information, visit www.markspaneth.com.
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