Supporting Data: The firm went from $67 million to $153 million in revenue over the past decade.
Expert Quote: "The firm is strong, the timing is right..." — Brad Shaw, Blue & Co.
Indiana-based Top 75 Firm Blue & Co. has elected Kurt Beier as its next managing director.
Beier will take the helm on Jan. 1, 2027, succeeding Brad Shaw, who has led the firm since 2015, and will continue with Blue as a director.
After joining Blue in 2003, Beier became a director in 2016, and since 2018 has been in charge of the firm's Carmel office, where he leads the local manufacturing and distribution niche teams. He graduated from Butler University.
"I am honored by the trust the directors have placed in me, and I am grateful to Brad for his leadership and mentorship," he said in a statement Tuesday. "My focus will be on investing in our people, delivering an exceptional client experience, and growing in ways that make Blue stronger for the next generation of leaders. Brad has positioned us well to do all three."
Beier's election came after a two-year succession planning process.
"Kurt is an exceptional leader who understands our culture, our people, and our vision for the future," Shaw said in a statement. "His integrity, leadership, and commitment to our clients and team members make him the right person to lead Blue into our next phase of growth. The firm is strong, the timing is right, and I am fully confident in Kurt. I am proud of what our people have built together and look forward to supporting him through the transition."
Blue & Co. ranked No. 57 on Accounting Today's Top 100 Firms list, with $153 million in revenue, 66 directors, 17 offices and over 600 employees.
When Shaw took the helm in 2015, the firm reported $67 million in revenue, 33 directors, 250 employees and nine offices.
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