MCM hires new partners

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FOR IMMEDIATE RELEASE CONTACT: Rebecca Brady
502.214.8389

Two veteran CPAs join Mountjoy Chilton Medley as partners

An international tax specialist and a veteran auditor are joining as partners at Mountjoy Chilton Medley LLP, Kentucky's largest accounting firm. Both appointments are effective Feb. 1.

The two new partners are:

Kevin Heyde, who has served as vice president and director of international tax research and planning for Brown-Forman since 1995, and

Frank Farris, former managing partner of Louisville's KPMG office.

"These two outstanding additions to our team give us an affirmation that the marketplace sees huge potential for us," said Mike Mountjoy, co-managing partner of Mountjoy Chilton Medley.

Heyde will be responsible for expanding MCM's international tax practice; focusing on strategic global tax strategies. Farris will work primarily in client development.
Heyde brings more than 30 years of experience assisting clients in the structuring of multinational business transactions, acquisitions, dispositions, reorganizations, capital formation, financing, joint ventures formation, foreign tax credit planning, tax deferral strategies, repatriation planning and transfer pricing.
He is a specialist in international tax strategies, working with multinational clients to determine near- and long-term international tax-planning needs and then deliver timely and innovative ideas for their consideration. He has worked with multinationals that have operations in North, Central and South Americas, Asia, Western and Eastern Europe and South Africa.
Farris has more than 37 years of accounting and auditing experience, including 25 years as a partner. He has extensive experience working with industrial and automotive companies, both privately and publicly owned, with international operations.
His background includes cross-border reporting in U.S. generally accepted accounting principles (GAAP) and International Financial Reporting Standards with entities in numerous countries.
Heyde played a key role in Brown-Forman's global expansion, including the acquisitions of Herradura Tequila in 2007, Chambord Liqueur in 2006, and Tuaca Liqueur and Finlandia Vodka, both in 2000.

Before joining Brown-Forman, he was tax director for OSI Specialties Inc., Danbury, Conn. Previous positions include director of taxes for Grand Metropolitan Inc./Heublein Inc., senior tax manager for KMPG Peat Marwick, and tax director for Bundy Corporation.

Heyde earned a master's degree in taxation from the University of New Haven in Connecticut and a bachelor's in accounting from the University of Rhode Island.

He is a member of St. Matthew's Baptist Church in Louisville and volunteers on various committees and mission work for the church. He is also a past board member of the Juvenile Diabetes Research Foundation in Louisville and has volunteered with Habitat for Humanity in Louisville. He has also served on the boards of the ABC (A Better Chance) Program and Wethersfield Congregational Church. He is a past member of the Connecticut Society of CPAs.

Farris was managing partner of KPMG's Louisville office from 2004 to 2009. He also served as audit partner at the office from 1984 to 2009.

His experience includes acquisition, disposition and carve-out audits, employee benefit plan audits and SEC filings. Farris has also worked on audits of Japanese-owned entities in the U.S., both start-up and existing entities, primarily in the automobile-related industry.

Farris earned a BS in accounting from the University of Kentucky. He is a past member of the State Board of Accountancy of Kentucky. He is also a member and past board member of the Kentucky Society of CPAs and a past president of the Louisville Chapter of Certified Public Accountants.

Farris is an elder and past board chair of Beargrass Christian Church (Disciples of Christ). He has also served on the boards of the Greater Louisville Fund for the Arts, Kentucky Council on Economic Education, Volunteers of America Louisville Chapter, Japan Society of Kentucky and Hospice of Louisville.

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Mountjoy Chilton Medley LLP offers expertise in audit and assurance services, tax planning, business valuation, litigation support, fraud examination, business startup and consulting for nonprofit, public and privately held organizations. The firm's divisions and affiliate companies offer further guidance in healthcare business consulting, payroll and bookkeeping services and financial planning services. The company has offices in Louisville, Lexington, Covington, Frankfort and Bowling Green. www.mcmcpa.com.

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