Current MP, Edward Nusbaum Named CEO of Grant Thornton International

 

Grant Thornton International named Edward Nusbaum, the current chief executive, as Global CEO effective January 1. Nusbaum succeeds David McDonnell who is retiring from the position after eight years.

 

“I am delighted that Ed has been appointed as my successor,” says McDonnell. “There was an extremely strong and rigorous process for the selection of the new CEO and I believe Ed will do a great job in moving GT forward, he adds.”

 

Nusbaum has been chief executive of the Chicago-based Grant Thornton U.S. arm since 2001. Under his leadership the firm tripled in size, with annual revenues growing from $400 million to $1.2 billion. 

 

“I am greatly honored and look forward to the opportunity to lead GTI,” says Nusbaum. “I will dedicate myself to continuing GT’s tradition of strong leadership in the accounting profession and in speaking out on issues of importance.  

 

A CEO successor for Grant Thornton LLP will be announced in late June 2009.