The new board includes newly-appointed chief executive Mark Neath and the firm’s new managing director Jolyon Stonehouse. 

Mr Neath has been with Old Mill for 18 years and has 25 years’ experience as a qualified chartered accountant. 

As chief executive, he is responsible for the firm’s longer-term culture, people and growth plans, and will lead the company forward, driving its vision and strategic direction.

Mr Stonehouse, also a chartered accountant, is one of the founders of Old Mill and a previous managing partner. His role as managing director has been created to allow Mr Neath to focus on long-term strategy.

Mr Stonehouse will be responsible for the running of the firm and the delivery of the current year’s plan. He will serve as the link between the operating service lines and the board, working with the executive management committee.

The four other members of the new board are Simon Cole, Paula Hodge, Andrew Vickery and Jonathan Fox.

Mr Cole is one of the founders of Old Mill and a highly-experienced Chartered Financial Planner. As chair, he is responsible for risk management and ensuring the company's strategies align with shareholder interests.

Ms Hodge, a Chartered Financial Planner, is also one of the founders of Old Mill. As head of wealth management, she will represent the wealth management business, ensuring its interests and growth strategies are integrated into the company's overall plans. 

Mr Vickery - a chartered accountant and head of the rural service line - will do the same for the accountancy business.

Mr Fox is the board’s non-executive adviser. He has a wealth of experience in professional services, and will provide an external viewpoint, leveraging his extensive experience across a broad spectrum of businesses to guide strategic decisions.

Mark Neath said: “This is a period of great change and opportunity in our profession, and I am confident the talented team we have in place will drive Old Mill to new heights, fostering innovation, growth, and continued success.”

Jolyon Stonehouse said: "The new structure reflects Old Mill’s commitment to robust governance and strategic oversight and ensures the firm is well-positioned to meet the challenges and opportunities of the future.

“I look forward to ensuring our strategic goals and values are executed effectively, and, above all, that we continue to put our clients at the centre of everything we do, and help them achieve their financial goals."

Old Mill is currently more than halfway through a five-year plan to double in size and last year appointed its first chief operating officer to expediate growth at the business and develop its operational infrastructure.