Elgin woman Lynne Walker named Johnston Carmichael CEO in leadership shake-up
A WOMAN from Elgin has been named CEO of Johnston Carmichael, one of the leading independent firms of chartered accountants and business advisers in Scotland.
Lynne Walker succeeds Andrew Walker who has decided to step down after five years in the role.
Joining the firm as a newly-qualified chartered accountant 19 years ago, Ms Walker became audit director in 2014 and was promoted to oversee business advisory services, becoming Head of Business Advisory in 2017 and a partner in 2019.
She joined the firm’s board in 2021 and became Vice Chair in 2022 but will now step into the role as CEO to help lead the business as it continues to grow across the UK.
Her new role comes as the business further reshapes its leadership team with the appointment of Mark Houston as a new senior partner.
Ms Walker said: “It’s a great honour, alongside Mark, to be leading Johnston Carmichael at such an exciting time for the business.
“As a firm, we continue to navigate complex societal change that not only presents opportunities for our business but our clients too.”
She added: “I began my career in our firm as a newly-qualified chartered accountant nearly two decades ago and I’m so proud we’re bringing more students and trainees into the business than ever before, many of whom are following in my footsteps into leadership positions.
“We are committed to building on this strong foundation as we introduce our vision for the future, ensuring Johnston Carmichael continues to deliver for our clients, our people and the communities we serve.”
The business’ turnover has grown from £51.4m in 2020 to £67.9m in 2023 but Ms Walker and Mr Houston will now be tasked with leading the firm as it prepares to launch a “refreshed” strategy.
The firm, founded almost 90 years ago in Elgin, now has offices across the UK including in London and most recently Newcastle.
Mr Houston said: “Our business has grown considerably in recent years despite the tough economic backdrop and the challenges brought by a global pandemic.
“We have nearly 1,000 people in our offices across the UK, and Lynne and I look forward to leading the firm, as we look to grow our service offering further.”
