PwC acquires executive remuneration business of Halliwell Consulting

PricewaterhouseCoopers has acquired the executive remuneration business of Halliwell Consulting, effective 1 January 2009, as part of its plans for long-term growth.

The move will see ten people joining PwC’s mid-tier reward business, including one partner, Marcus Peaker, and one director, Paul Wolstenholme.

The new team will join PricewaterhouseCoopers LLP on Monday 5 January and will be based at the London Embankment Place office.

Halliwell Consulting is a niche reward consultancy, which provides advice on executive remuneration and share schemes to mid-tier organisations.

Michael Rendell, partner and global head of human resource services, PricewaterhouseCoopers LLP, commented:

“This acquisition complements PwC’s existing reward consulting capabilities, while supporting our objective of investing for growth and demonstrating our commitment to working with mid-tier firms. We look forward to welcoming our new team members.”

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Marcus Peaker said:

“We firmly believe that joining PwC’s hugely successful reward team is a very positive step forward. There is a natural fit between our businesses – both in terms of client service and our strong philosophy for looking after and developing people.”