CBM Names Drolet as Chair

Patricia Drolet

Patricia Drolet, executive vice president of Bethesda, Md.-based Councilor Buchanan & Mitchell (CBM) has been elected board chair. She took the post Jan. 1.

Drolet has served on the firm’s executive committee for four years with CBM president and MP Peter B. Reilly, tax practice director Richard E. Morris, and financial planning practice director Debora E. May. The addition of Drolet as chair brings a new perspective to decision-making, which will help determine the future direction of CBM, the firm announced.

Drolet has served as an executive vice president at CBM since the Washington, D.C.-based firm she founded, Drolet & Associates, merged into CBM in 2014. She continues to serve as one of the firm’s experts in not-for-profit and professional services tax and accounting.

“I appreciate the confidence of the other leaders on CBM’s executive committee,” says Drolet. “This reflects the benefits of having new voices in a decision-making capacity and also of focusing on the strength of CBM’s diversity at the highest levels of our practice.”

Approximately 60% of CBM’s staff is female and 22% are minorities, while 50% of CBM’s leadership group is female.

“On the cusp of celebrating our 100th year anniversary, the partners at CBM elected our first female chair of the board of directors,” says Reilly. “I congratulate Pat on demonstrating outstanding leadership and providing pertinent insights. Personally, I look forward to assisting Pat in executing her vision and goals for CBM.”

CBM has nearly doubled in size since 2014. In 2018, the firm merged in the practice of Chaconas & Wilson, a Washington, D.C.-based tax and advisory firm, and the investment management firm, May Barnhard Investments. CBM also opened a new downtown office in Washington, D.C., on Dec. 1.