TULSA — The accounting firm HoganTaylor has named a new CEO, promoted a new tax practice leader and created a new board in a restructuring designed to position the firm for expansion, the company said Thursday.
Randy Nail, previously head of financial institutions practice, is the new chief executive officer.
Nail said the new structure, while different from that used in many accounting firms, mirrors the corporate structure found in most businesses. Nail is based in the firm's Oklahoma City office, but will be moving to Tulsa in the next few months, while spending several days a week in Tulsa in the interim.
Nail succeeds Bob Vaught, who has served as managing partner since 1999 in the founding legacy firm Tullius Taylor Sartain & Sartain and continuing in that role with HoganTaylor after its 2009 merger with Hogan & Slovacek.
Vaught will become a member of the firm's newly formed board of directors, along with partners Jim Taylor, Pat Milligan and Jack Murray, all of Tulsa; Todd Wisdom, of Fayetteville, Ark.; and Richard Wright, of Oklahoma City.
Tony Otto, who led the firm's manufacturing and distribution practice area, will lead the firm's tax practice.
Two founding partners, Jim Taylor, head of assurance practice, and David Hogan, senior adviser, will remain in their current capacities.
HoganTaylor is the largest public accounting firm in the Oklahoma and northwest Arkansas region with more than 160 employees and two offices in Tulsa, and offices in Oklahoma City and