Burr Pilger Mayer Changes Name To Reflect Corp. Status

San Francisco-based Burr Pilger Mayer (FY08 net revenue of $56.6 million) is now operating as a corporation under the name of Burr Pilger Mayer, Inc.

The change from a partnership to a corporation was made so that BPM could finalize an Employee Stock Ownership Plan.

As a result, all the partners – and indirectly through the ESOP – all the employees, are now shareholders of BPM, Inc.

“Without a doubt, this is the most innovative and important decision we have made since founding the firm 24 years ago,” says Steve Mayer, Founder, President and CEO. “BPM is the first full service California CPA firm to implement an ESOP. We have been working on this concept for more than two years. Via the ESOP, all BPM employees will share in the growth and prosperity of the firm. It’s great for our clients because every person working on their account from BPM is an owner either directly or indirectly through the ESOP.”