The Massachusetts Society of CPAs has selected Eileen P. McAnneny, an executive with Fidelity Investments, as its new president and CEO.

McAnneny was chosen to lead the MSCPA after an extensive nationwide search by the MSCPA's executive search committee and a national search firm, Nonprofit Professionals Advisory Group. She began her role on Jan. 20, 2014, following the retirement of Theodore J. Flynn, who led the MSCPA for 43 years.

"After a comprehensive search to replace our longstanding CEO, we are pleased to welcome Eileen to the MSCPA," said MSCPA chairman Merrill Puopolo in a statement. "Under Ted's leadership, the MSCPA positioned itself as the leading organization for accounting professionals in Massachusetts. With Eileen's direction, we expect to continue building on that strength, and forge new paths that serve the evolving needs of our members."

Prior to joining the MSCPA, McAnneny was a director in the government relations and public policy group at Fidelity Investments. A recognized association leader, McAnneny also spent 13 years as senior vice president and associate general counsel at Associated Industries of Massachusetts, the state's largest employer trade association. In this role, she focused on all aspects of issues management including advocacy, education, communication and member services.

As the MSCPA's president and CEO, McAnneny will lead strategic planning initiatives, maintain the MSCPA's track record of excellence and expand advocacy, continuing education and membership growth and retention programs.

"Building on the strong legacy of Ted Flynn, I am delighted to be taking the helm at the Society," McAnneny said in a statement. "Working with the capable staff, board and membership, I look forward to positioning the Society as the preeminent professional association in the Commonwealth for the next generation of accountants."