KPMG Names Thomas as Global Chairman

Bill Thomas

Bill Thomas

New York-based KPMG (FY15 gross revenue of $7.9 billion) has named Bill Thomas as its new global chairman, succeeding John Veihmeyer on the completion of his term on Oct. 1.

Thomas was elected by KPMG International’s Global Council. He has been chairman of KPMG’s Americas region since 2014 and a member of the firm’s global board since 2009. Before that, he was CEO and senior partner of KPMG in Canada from 2009 to 2016. He has worked at KPMG for more than 28 years, holding other leadership roles in the Canadian firm and within KPMG International.

John Veihmeyer

John Veihmeyer

Veihmeyer will be completing his term as chairman and retiring from the firm at the end of September. He was previously in charge of the U.S. firm, which is now helmed by chairman and CEO Lynn Doughtie. Veihmeyer became chairman of the international firm when Michael Andrew fell ill in 2014.

“I am extremely proud to announce that Bill Thomas has been elected to succeed me as chairman of KPMG International,” says Veihmeyer in a statement. “Bill brings an exceptional range of skills and experience that will benefit KPMG and the clients our professionals serve. As leader of KPMG’s Americas region and the Canadian firm, Bill has an outstanding leadership record of quality growth, innovation and collaboration. But what distinguishes Bill most are his qualities of integrity, sincerity, passion and personal commitment. I’m confident that Bill’s authentic leadership will bring tremendous value to KPMG, our people and to clients.”

“It is a great honor to be elected chairman of KPMG International,” says Thomas in a statement. “John Veihmeyer has been an exceptional leader and role model, who has strengthened KPMG immensely with his commitment to quality and integrity, and his focus on the culture of our global organization. I intend to build on the foundation John has put in place, and help KPMG’s 190,000 professionals around the world to fulfill their potential and bring their best in meeting the rapidly expanding needs of clients. I’m convinced the next few years will be among the most dynamic our profession has ever seen, and I’m excited about the opportunities that are in front of KPMG.”

MPs: Partners Can Be Complacent And Ego-Driven, But Their Success = Firm Success

Without the support of the partner group, MPs can’t move their firms forward. The realities of gaining consensus among hard-driving professionals with different working styles, skills and drivers can be more challenging than even the most insightful firm leader could anticipate. One MP says, “It’s like herding cats, and it’s very difficult to get all partners on the same page because not everybody has the same value proposition and not everyone is motivated by the same metrics.”

No MP owns a how-to guidebook on juggling the multiple – and sometimes competing – priorities demanding their attention every day. INSIDE Public Accounting, therefore, asked more than 70 MPs to offer anonymous insights on the frustrations, challenges, joys and rewards of the top job. In a 12-question survey, they offered unfiltered, candid insights. Here are responses to just two of the questions.

What are two of your biggest frustrations with the partner group?
Two themes – egos and complacency – immediately emerged from MP responses to this question. Some MPs say partners think their way is the only way. They fail to see the benefit of trying a different approach, close themselves off from other points of view, second-guess decisions (after failing to participate in the discussion), and stay in their comfort zone of client service without committing to professional development, marketing, timely billing and collections.

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Gonzales Named Linn Thurber MP

Robert Gonzales

Robert Gonzales

Linn Thurber of Houston announces that Robert Gonzales has been named the firm’s MP. On March 1, he succeeded Lewis Linn, who is now chairman.

Gonzales joined the firm as partner in 2014 with extensive public accounting experience. Prior to joining the firm, he served as an executive director of transaction advisory services at the Houston office of Ernst & Young.

Gonzales will continue to provide tax and advisory services to high-net-worth individuals and families, closely held businesses, private equity and venture capital funds, domestic and foreign trusts, and trust companies. He will also lead a group of independent-minded professionals, growing the firm and creating a long-term strategy.

“Robert has been a key member of our management team, and I am confident that he will lead the firm to continued success,” says Linn. “As chairman, I look forward to working with him in his new role.”

Gonzales says, “Lewis has been a tremendous leader for Linn Thurber, and our commitment to outstanding client service, our culture and strategic growth will remain top priorities of mine.”

New MP at Green Hasson Janks

Tom Barry

Tom Barry

Green Hasson Janks of Los Angeles (FY15 net revenue of $26 million) has appointed Tom Barry as its next MP, replacing Leon Janks, who continues with the firm in a consulting role after 11 years as MP.

Barry has been a partner for 10 years, and leads the waste management and environmental services practice. This succession comes on the heels of a rigorous strategic planning process by the partner group, which has a deep commitment to growing future leaders, the firm announced.

Green Hasson Janks is nearing its 65th year. Janks, the firm says, leaves a strong legacy of success. “His commitment to positivity and collaboration is an inspiration that has attracted world-class talent to the firm. Leon’s stewardship of the firm’s vision has seen the number of employees – and revenues – more than double during his leadership. His belief that investing in and growing great next-generation talent is a recipe for how Green Hasson Janks continues to achieve excellence, exceed projected goals and ensure sustainable growth.”

Janks says, “Tom is a prime example of how we grow great people, as he has grown up in the firm for over 20 years and has established his own footprint with a reputation for innovation and developing talent.”

Professional development is integral to the firm’s vision and values and underlies its success. Barry says he is able to devote time to his family and pursue his passions of fishing and coaching while “continuing to help build a better future for my clients and colleagues.” Barry launched the firm’s concept of #BeMore, which encourages members of the firm to live their best lives, professionally and personally.

Illinois Firm Names New MP

Martin Magida

Martin Magida

Chunowitz Teitelbaum & Mandel of Lincolnshire, Ill., has named Martin Magida as MP of the firm.

Magida brings 35 years of tax, accounting and advisory experience to this new role. His use of sound business judgment, shrewd financial solutions and decisive decision-making abilities has earned him the respect, confidence and trust of his colleagues and clients alike, the firm announced.

“Marty has a comprehensive understanding of the needs and goals of the firm,” says partner Steven Edelheit. “This level of insight combined with his pragmatic approach to business makes him exceptionally qualified to lead the team.”

Magida has helped hundreds of individuals and businesses achieve their financial goals. Although he works with clients in a variety of industries, he has developed a specialized practice working with franchise owner/operators in the quick-service restaurants industry.

“I have worked alongside the smartest and most passionate individuals who have dedicated their careers towards serving our clients’ best interests,” says Magida. “As the firm embraces the future of accounting, I look forward to my new role as managing partner.”

Margolin Winer & Evens Names New MP

Craig Savell

Craig Savell

Longtime partner Craig Savell has been named the next MP of Garden City, N.Y.-based Margolin Winer & Evens (FY15 net revenue of $40.6 million).

Savell will succeed Teddy Selinger in 2018, but as part of the transition process, both men will serve as co-MPs this year. Selinger will also serve as CEO. The transition will make the fourth generation of leadership for the 72-year-old firm, an IPA 100 firm.

“It has been extremely gratifying to serve as leader of MWE for two decades and to oversee our growth and stability during that time,” Selinger says, in announcing the transition. “Over the course of the past seven decades, we have weathered many ups and downs in the economy, and become a trusted resource to the region’s titans of business and real estate by doing the right thing and harnessing top talent in developing specialty areas for our firm.”

Savell, 53, an accounting and auditing partner since 1996, is a member of the executive board and chairman of the manufacturing and distribution group.

“It is a tremendous honor and responsibility to take on this challenge, and in the coming months, I will look to Teddy for his advice and counsel to ensure the transition is seamless for our clients and our staff,” Savell says.

New MP for Edelstein & Company

Scott Kaplowitch

Scott Kaplowitch

Edelstein & Company of Boston (FY15 net revenue of $16.3 million) recently announced that Scott Kaplowitch has been appointed MP of the firm.

Kaplowitch succeeds William Mahoney, who steps down as MP after 10 years of service.

Kaplowitch began his career at Edelstein more than 20 years ago, becoming a trusted advisor to individuals and business organizations throughout New England and the country on a wide range of sophisticated transactions and complex tax and regulatory issues. He advises clients on matters related to debt financing, mergers and acquisitions and capital formation, as well as international and multistate tax issues, foreign compensation and tax credits, trust and estates planning and compliance and reporting issues.

In addition, Kaplowitch has served as CFO, controller and general business adviser to clients, and frequently serves as executor and trustee for clients.

“Scott is an outstanding professional advisor who also has the leadership skills and vision necessary to continue our growth trajectory and to make Edelstein a true accounting firm of the future,” says Mahoney.

“I learned from Bill and the managing partners before him that to be successful in this profession, you have to have a passion for what you do on a daily basis. By harnessing that passion firmwide, I intend to focus on the continued strategic growth of Edelstein,” Kaplowitch says.

Brown Edwards Names New MP

Jason Hartman

Jason Hartman

Roanoke, Va.-based Brown Edwards (FY16 net revenue of $32.2 million) has named Jason Hartman its new MP. He succeeds Domenic Pellillo, who served as MP for 16 years and will remain partner at the firm.

Hartman has managed Brown Edwards’ Roanoke office since 2008. He joined the firm in 1986, developing its local government practice and local government team. He also was responsible for building and leading the credit union practice, which expanded under his leadership to include clients throughout the region. Hartman also was instrumental in the firm joining the BDO Alliance USA.

One of Hartman’s main objectives is to continue the firm’s growth through acquisitions. “As we have grown, clients from outside our office locations have recognized the quality delivered by Brown Edwards and have sought us out,” Hartman says in a statement. “It is desirable from a client service and community involvement perspective that we have offices in those locations to better serve our clients.”

The firm has offices in Virginia, West Virginia and Tennessee.

Geier Becomes MP and CEO of Sikich

Chris Geier

Chris Geier

Chris Geier officially began his tenure as MP of Naperville, Ill.-based Sikich (FY15 net revenue of $116.6 million) on Jan. 1, replacing former CEO Jim Sikich, who plans to retire at the end of the year.

“It’s an exciting time of growth for Sikich, and I am ready to get to work as the firm’s new leader,” Geier says. “I have been involved in the firm’s leadership for several years and am very familiar with the depth of expertise and talent across our many practice areas. I am confident we are well-positioned to achieve our ambitious growth goals in the years ahead.”

The firm’s partners elected Geier to the role of MP and CEO last May. Geier will oversee Sikich’s strategic direction and future growth. Prior to becoming CEO, Geier was PIC of the firm’s advisory services and investment banking practice and a member of the executive board. Geier has held C-level operating roles at both private and publicly traded companies and has more than 20 years of experience in mergers and acquisitions and capital raising transactions across multiple industries. He joined Sikich in 2008.

The leadership transition comes at a time of expansion for Sikich. In 2016, the firm acquired Akron, Ohio-based BCG & Co., a firm specializing in audit and assurance, tax, technology and wealth management services, and Glendale, Calif.-based technology firm SCS.

Lewis Hooper & Dick Announce New Managing Member

Theresa Dasenbrock

Theresa Dasenbrock

Lewis Hooper & Dick of Garden City, Kan., announces that Theresa Dasenbrock has assumed the role of managing member.

“I am proud to take on this leadership responsibility – and honored that the firm’s other members have placed their trust in me,” says Dasenbrock, who has been with the firm for 30 years. “My colleague, Gary Schlappe, has done excellent work as managing member of the firm since 2000. I am hopeful that I can make an equally valuable contribution to the firm’s legacy.”

“Theresa’s leadership will contribute to the development of our team and continue the firm’s trajectory of growth. I am confident the firm is in excellent hands,” says Schlappe, who remains with the firm full time.

Dasenbrock joined Lewis Hooper & Dick in 1987. She became a member in 2006 and has served as vice managing member/owner since 2015. She focuses her practice on the specialty area of governmental organizations, though she serves clients in a broad variety of industries. In addition to providing management guidance to clients in the public sector, she advises on traditional and non-traditional accounting issues. Dasenbrock has also played an important role in the firm’s practice development initiatives and strategic goals, the firm announced.