Wayne Berson To Take Helm Of Accounting Giant, BDO

Wayne Berson has been voted in as the next MP of Chicago-based BDO USA LLP (FY11 net revenue of $572 million).

He will take on the new role Nov. 1. He is replacing Jack Weisbaum, chief executive, who announced in January that he plans to retire at the end of October.

Berson, 50, served as BDO’s Atlantic regional business line leader for assurance services since 2008 and has been a member of the firm’s board of directors since 2009, serving as the board’s presiding member since 2010. Based in the firm’s Washington, D.C. office, Berson was a co-founder of the BDO Institute for Nonprofit Excellence and serves as the firm’s national director for not-for-profit services.

“I am honored and grateful to have my fellow partners choose me to lead BDO at this time,” says Berson. “The accounting profession is experiencing a period of unprecedented change from both a regulatory and competitive standpoint, and I believe BDO is uniquely positioned to grow and prosper in this new environment.” Weisbaum, 72, will complete his second full term in October, the role he’s held since 2004. “I am looking forward to enjoying the next chapter of my life while I’m still active and healthy. I plan to travel, pursue my hobbies, be more involved in charity work, and spend more time with my wife and family,” he says. “I believe the partnership has shown wise judgment in electing Wayne as my successor,” Weisbaum says.

“Wayne is a very deserving individual. His experience on the board of directors, success as a regional business line leader and prior history as MP of a very successful local firm provide him with valuable insight and experience for his new role. I look forward to working with Wayne during the transition process and I am confident that he will lead the firm to new levels of success.”