Career moves

When the Institute of Management Accountants received the resignation of president and chief executive officer Paul Sharman last month, it didn’t take long to find a replacement.Within hours, the institute’s board of directors tapped Jeffrey C. Thomson as his successor

The New York State Society of CPAs has promoted Joanne Barry to deputy executive director.

The Virginia Society of CPAs has chosen a new chairman, Gregory F. Lawson, and a board of directors.

The Financial Accounting Foundation has tapped Teresa S. Polley as its new president and chief operating officer.

The Internal Revenue Service is facing a troublesome manpower drain, as a whopping average of 16 percent of its total workforce is now leaving the agency each year.The soaring employee turnover rate has raised eyebrows and concerns among members of the IRS Oversight Board, which warned that the tax service is losing a distressingly large number of talented workers who “possess skills and institutional knowledge that are extremely difficult to replace.”

The New York State Society of CPAs installed Sharon Sabba Fierstein as its new president.

Richard Vitale, co-founder of accounting firm Vitale Caturano, resigned after allegations emerged that he assisted ticket brokers with getting favorable legislation passed in Massachusetts without first registering as a lobbyist.

Educate, collaborate and innovate. That’s the message at Insights 2008, the sixth annual reseller conference of Sage Software.

The American Institute of CPAs has appointed Jay Hanson as chairman-elect of its Accounting Standards Executive Committee.

Accounting firm Moss Adams has named Rebecca Pomering CEO of its wealth management division.

Securities and Exchange Commissioner Paul Atkins said he plans to leave the SEC at the end of his term, the latest in a string of departures for the commission.

Grant Thornton has consolidated its advisory services practice, combining the firm's various advisory service lines and more than 800 professionals across the U.S. into a single division.

The Institute of Management Accountants named Jeffrey C. Thomson as its new acting president and CEO.

IRS Narrows Tax Gap

RSM McGladrey said it has made several organizational and leadership changes, merging the firm's lines of business into its operations group and strengthening its regional management structure.

James K. Smith, chief financial officer of Phonom Corp., and James Stevenson, CFO of ABS Capital Partners, have joined the Private Company Financial Reporting Committee.

President Bush has named Steve Preston, head of the Small Business Administration, as his choice for the next secretary of Housing and Urban Development.

Steinway Replaces Deloitte with UHY

Treasury Inspector General Faults IRS Security

Clifton Gunderson, the 14th largest accounting firm in the U.S., has named Krista McMasters as the firm's first female CEO.