The American Institute of CPAs has elected McGladrey partner Richard Caturano as its new chairman.

In his acceptance speech at the AICPA’s Fall Meeting of Council in Amelia Island, Fla., on Tuesday, Caturano described his path from a blue-collar upbringing in Massachusetts to the highest rungs of the accounting profession. One of his chief priorities as chairman, he said, is to promote broader diversity among CPAs, particularly at the leadership level, so that others can benefit from the same rewarding career opportunities. 

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