Stephen Chipman’s Toast to Bob Herz

“Bob Herz led the FASB during the most challenging time in its history,” said Grant Thornton LLP CEO Stephen Chipman. “He has been a tireless leader with an unwavering focus on the users of financial statements and we are grateful for his service to the profession and wish him well in his retirement. We also extend our congratulations to Leslie Seidman as she takes up the mantle as acting chairman and stand ready to help her and the FASB establish accounting standards that are right for the marketplace and for the dynamic organizations [Ed. note: they’re part of the new strategy, as you may recall] we serve.”


Trite statement as it may be, at least SC said something (we’re looking straight at you Veihmeyer, Moritz, Salzberg, Howe).

Grant Thornton LLP CEO statement regarding Bob Herz retirement [GT]

“Bob Herz led the FASB during the most challenging time in its history,” said Grant Thornton LLP CEO Stephen Chipman. “He has been a tireless leader with an unwavering focus on the users of financial statements and we are grateful for his service to the profession and wish him well in his retirement. We also extend our congratulations to Leslie Seidman as she takes up the mantle as acting chairman and stand ready to help her and the FASB establish accounting standards that are right for the marketplace and for the dynamic organizations [Ed. note: they’re part of the new strategy, as you may recall] we serve.”


Trite statement as it may be, at least SC said something (we’re looking straight at you Veihmeyer, Moritz, Salzberg, Howe).

Grant Thornton LLP CEO statement regarding Bob Herz retirement [GT]

Have something to add to this story? Give us a shout by email, Twitter, or text/call the tipline at 202-505-8885. As always, all tips are anonymous.

Related articles

FASB’s CECL Standard Is a Disaster Waiting to Happen

“A simple accounting standard is going to decimate the people in my district’s ability to have home mortgages. This has got to stop. This can’t continue. You should stop and look at the damage you’re going to be doing to the citizens of this country. And in essence after that happens, it’s going to devastate […]

Mike McGuire Is Retiring From Grant Thornton

Mike McGuire with his man-crush, Rickie Fowler. Farewell to Mike McGuire, former CEO-turned-CEO emeritus of Grant Thornton, who is hanging it up in February after 17 years with the Purple Rose of Chicago. “I am so pleased about the progress we’ve made growing our firm and serving clients’ needs during my time at Grant Thornton,” […]