McGladrey & Pullen Names New MP

Minneapolis-based McGladrey & Pullen (FY10 net revenue of $1.4 billion) named Joe Adams MP and CEO, effective May 1.

Adams replaces outgoing MP David Scudder. Scudder will continue to assist in the transition through June 30, according to reports. Scudder became M&P’s MP in 2007. Scudder joined the firm in 1986 as a staff accountant and became a partner in 1995.

Adams and current co-leader C.E. Andrews will co-manage the firm. “I’m honored to be chosen to lead a firm which is committed to serving the middle market with the highest quality and integrity. I’m looking forward to these new responsibilities, and continuing the excellent work that Dave Scudder did in this role,” says Adams.

Adams joined M&P in 1979, and became a partner in 1987. “I’m looking forward to working with him in his new role overseeing M&P’s national strategy and business operations” says Jerry Bourassa, Chairman of M&P’s Board of Directors and member of the Managing Partner Selection Committee.

The firm also named Rick Day as national director of accounting. Day succeeds Jay Hanson, who recently left the firm to become a member of the PCAOB.