December 18, 2018

Wayne Berson Gets Four More Years as BDO CEO

BDO partners seem to like Wayne Berson well enough to let him keep his job a while longer:

BDO USA, LLP, one of the nation’s leading professional service organizations, today announced that the firm’s partnership has re-elected Wayne Berson to a second four-year term as chief executive officer, effective November 1, 2016.  During the first three years of Mr. Berson’s initial term as CEO, BDO has experienced 70 percent growth in revenue, expanded market presence, industry leading gains in SEC clients and growing prominence as a favorable workplace for family oriented professionals and recent college graduates.

That means Wayne-o will be CEO until 2020, which seems so far away that it could've come out of some adverb-riddled sci-fi novel.

The press release offered some highlights from Berson's tenure so far, including:

  • Expanded into 20 new cities.
  • Won 97 new SEC audit clients.
  • 70% increase in cumulative revenue growth over three years.

The firm says that the growth has been "in equal measures" organic and through acquisitions, a claim it has maintained in its last two revenue announcements. I guess don't have much choice but to take them at their word, which is probably still more reliable than some of their auditing

[BDO]

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