CliftonLarsonAllen Co-MP McMasters Announces Departure

McMastersKrista McMasters, Co-CEO of CliftonLarsonAllen announced her retirement from the firm following 35 years of distinguished service. McMasters’ retirement is effective April 1, 2013.

When the firms officially joined forces on Jan. 2, 2012, it was announced that McMasters, CEO of Clifton Gunderson, and Gordy Viere, CEO of LarsonAllen, would lead the firm together. Viere would oversee the CLA holding company, the wealth advisory practice and the outsourcing practice, and McMasters would oversee CLA LLP, the public accounting practice.

Steve Meindl, Chairman of the CLA Board said, “At the first anniversary of our merger, the CLA Board reviewed the firm’s co-CEO structure and determined that operating under the leadership of one CEO will increase the pace of integration of our two firms and give better definition to our firm’s strategic initiatives. As a result, Kris elected to retire and Gordy Viere will assume the sole CEO role.” Meindl added, “Kris has been an incredible asset to our firm during her 35 year career. Her vision, passion and dedication to our firm played an integral role in our growth and success over many years. Her legacy lives on in our firm through the many people she mentored and developed.”

McMasters joined Clifton Gunderson as an associate accountant in 1978. She was admitted as a partner in 1985, became Director of Assurance Services in 1991, and served as Chief Practice Officer. McMasters succeeded Carl George as CEO of Clifton Gunderson in 2009, becoming the firm’s fourth CEO in its 60-year history. McMasters became the first and only female to serve as CEO among the nation’s current IPA Top 25 firms. Under her leadership, the firm rolled out and executed an aggressive growth strategy focused on external expansion and increased specialization, collaboration, discipline and communication.

Over the next few months, McMasters will be exploring new opportunities in business and board service, which leverage her leadership, experience and passion for growing people.