Grant Thornton LLP has named Stephen Chipman as CEO of the U.S. member firm, after a stint developing the firms business in China.
He will succeed Ed Nusbaum, who was recently named CEO of Grant Thornton International (see Nusbaum to Become Grant Thornton Intl CEO). Both men will assume their new jobs on Jan. 1, 2010.
I look forward to leading Grant Thornton LLP, said Chipman in a statement. I will dedicate myself to taking action on a number of fronts, including continuing Grant Thorntons tradition of providing strong leadership to the accounting profession and speaking out on issues of importance.
Chipman, 47, was most recently CEO of the firms Greater China Management Corporation, responsible for leading the development and growth of services for Grant Thornton in China. Under his leadership during the last two years, Grant Thorntons resources in China expanded to more than 1,600 people in six offices.
A member of the firm for 28 years, Chipman previously served as the U.S. Central Region managing partner from 2003 to 2006, delivering the most improved growth and profitability of any region during that period. He also served as the managing partner of the Dallas office from 2000 to 2003 and as the U.S. managing partner of global services and worldwide director of international business centers from 1998 to 2000. During that time, he served on the Grant Thornton International Board of Governors, the U.S. National Leadership Team and the Partnership Board. He also chaired the Grant Thornton Experience Leadership Council, and both the global and China initiatives.
Chipman began his work on international affairs in Hong Kong in 1992 as the regional technical director for Asia Pacific, and started his career with Grant Thornton in 1986 in Plymouth, England. He is a member of the Institute of Chartered Accountants of England and Wales, the American Institute of CPAs and the Texas Society of CPAs.
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