After Board Election, Four of 11 BDO Directors Are Women

Maria Karalis

Maria Karalis

Chicago-based BDO (FY18 net revenue of 1.46 billion) announces that Maria Karalis, Karen Stone and Ted Vaughan have each been elected to three-year terms to the firm’s board of directors.

Karalis is a new director, replacing Joe Johnson, who completed the maximum two consecutive terms, while Stone and Vaughan were re-elected to new terms of service. These changes are effective Nov. 1.

Karen Stone

Karen Stone

“I want to welcome Maria to the board and look forward to the valuable insight she will bring to the governance process. Karen and Ted have already made valuable contributions in their previous board service and we are pleased that they will continue to do so in the future,” says Wayne Berson, CEO of BDO. “I’m proud to see that women now comprise nearly 40% of our board. This represents clear evidence of our firm’s commitment to inclusion by providing leadership paths for all professionals.”

Karalis is the MP for assurance services in BDO’s Stamford, Conn., office. She also serves as the leader of the firm’s Cyprus, Greece and U.K. country desks. She began her career with the firm in 1994, providing audit and business advisory services to domestic and multinational private and publicly held companies that operate in a variety of industries. During her tenure at BDO, she has been involved with companies undergoing initial public offerings and private placements as well as domestic and international mergers and acquisitions. Karalis was admitted into the partnership in 2001.

Ted Vaughan

Ted Vaughan

Stone is a partner in the Charlotte, N.C., office and serves as the MP for tax services in the Atlantic region. During her more than 25-year career in public accounting, she has served clients in multiple industries with a focus on the tax consulting and reporting needs of real estate, manufacturing, consumer business and health care companies. Stone previously served as co-chair of BDO USA’s Women’s Inclusion Strategy Group.

Vaughan is the MP for assurance services in BDO’s Dallas office. With more than 25 years of public accounting experience, he provides assurance and consulting services to numerous retail, e-commerce and consumer products companies. As a national leader for the firm’s retail and consumer products practice and an integral member of the firm’s natural resources practice, he focuses on the accounting and reporting issues facing companies in these industries.