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.”
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.”