Moss Adams Plans Transition to New Leadership

Seattle-based Moss Adams (FY11 net revenue of $323 million) announced it will transition to new leadership in the first half of next year, with Chris Schmidt as chairman and CEO and Dick Fohn as president and COO.

Schmidt has been president and COO of Moss Adams since 2004 and has been a partner at the firm since 1991. Fohn has served as director of tax since November 2011. Prior to that, he was MP of the firm’s Bellingham, Wash., office. He was admitted to partner in 1992.

The current chair and CEO, Rick Anderson, will step down and focus on his work as chair of Praxity, an international alliance of independent accounting firms. Anderson, CEO since 2004, will remain a partner at the firm. Both Schmidt and Fohn were selected by the firm’s executive committee.

“Moss Adams has always emphasized developing top-quality talent and leadership, and I’m thrilled with the firm’s decision to name Chris and Dick to their new roles,” Anderson said. “They’re committed to growth with integrity and, with the expertise of our professionals, Moss Adams remains in a strong position for continued success.”