Lynn Calhoun has been named the new CFO of BDO USA LLP.
Calhoun, a partner at BDO, was previously the firm's director of finance. He succeeds Howard Allenberg as CFO. After serving in various national leadership roles over the past 18 years, Allenberg is stepping down from full-time duties, but BDO said he would continue to assist CEO Wayne Berson and the national leadership team on special projects. The appointment is effective July 1.
“I want to congratulate Lynn Calhoun on his promotion to chief financial officer,” Berson said in a statement. “As a member of the national finance team, he has already been a valuable contributor to the firm's financial strategy and those contributions will grow further as he assumes his duties as CFO. Lynn is well deserving of this leadership role.”
Calhoun joined BDO USA in 1999 and has 30 years of experience in a variety of financial and leadership positions. Prior to joining BDO, he spent 4 years with Deloitte and Touche before assuming roles as CFO and president for a privately-held business from 1987 to 1999. His experience includes expertise in a variety of industries including manufacturing, distribution, construction, and professional services. Calhoun also has extensive experience in IPO’s, M&A activity, international joint venture operations and letters of credit, corporate financing and leasing, and business-to-business sales.
A graduate of Michigan State University, Calhoun has been a regular speaker at Oracle conferences on the topic of best practices in the finance function and has also been recognized in CFO Magazine research articles on the topic of utilizing business analytics in the workplace.