Adrian Johnson
TLDR:
Key Points:
- Baker Tilly admitted 41 new principals effective June 1
- The firm is undergoing a major restructuring due to a significant investment from private equity firms
In June, Chicago-based Baker Tilly promoted 41 new principals, as the firm prepares to split into two entities following a significant investment from private equity firms. The restructuring will see Jeff Ferro and Jere Shawver stepping into the roles of CEO for the Baker Tilly Advisory Group and Baker Tilly US respectively. The new principals embody leadership and innovation, with a commitment to excellence and growth being key to driving the firm forward.
The newly promoted principals cover a wide range of areas including assurance, tax, consulting, and advisory services across various locations in the US and even in London, U.K. The firm’s focus on a diverse range of expertise reflects its commitment to providing comprehensive services to clients in different industries.
The investment from private equity firms Hellman & Friedman and Valeas Capital Partners is expected to bring about significant changes to Baker Tilly’s operations, but the promotion of new principals demonstrates the firm’s dedication to maintaining high standards of leadership and innovation.
Overall, the promotion of 41 new principals at Baker Tilly showcases the firm’s commitment to excellence, growth, and innovation as it navigates through a major restructuring and prepares for a new chapter in its operations.
