Marks Paneth elects Successor Managing Partner
As part of its strategic succession and leadership transition plan, New York member Marks Paneth, has announced that Abe Schlisselfeld has been elected Successor Managing Partner to the current Managing Partner, Harry Moehringer, who is approaching retirement. Mr. Schlisselfeld’s term begins 1 January 2021, and he will serve as Co-Managing Partner with Mr. Moehringer during a transitional period.
Mr. Schlisselfeld is the Partner-in-Charge of Marks Paneth’s Real Estate Group, one of the oldest and largest practice groups within the firm. He also serves as Growth and Alliance Leader of Marks Paneth, assessing mergers, acquisitions, alliances and other efforts, and is a member of the firm’s Executive Committee, which sets policy and strategy for the firm. For more than two decades, he has dedicated his career to serving the real estate industry, advising commercial and residential real estate owners, real estate management firms and real estate investment trusts (REITs) on all facets of accounting and taxation. He has been at the forefront of examining the tax benefits and implications of the Qualified Opportunity Zones program since its introduction in the Tax Cuts and Jobs Act of 2017, enabling him to become a significant thought leader on the topic.
“Abe brings tremendous experience along with a legacy of contributing to the growth and development of Marks Paneth during his many years in leadership positions at the firm,” said Mr. Moehringer. “Abe and I have worked closely together for over 20 years, and I could not be more pleased and excited that our Partners overwhelmingly agreed that Abe represents the next generation of strong leadership at our firm as it continues to grow and prosper.”
“It truly an honour and a privilege to be elected to this role and to work with Harry during this transitional period as we continue to serve our valued clients, colleagues and community,” Mr. Schlisselfeld said. “The culture and philosophy at Marks Paneth are essential to our success,” he continued. “Our focus on providing top-notch client service has led to tremendous opportunities for the firm, and my goal is to build on the successes the firm has achieved to date.”
Mr. Moehringer and Mr. Schlisselfeld will continue to work closely as Co-Managing Partners with the other members of the Executive Committee on firm strategy, client service and operating decisions.
On behalf of all at Morison KSi, congratulations to Abe on his election.