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

He succeeds Paul Sharman, who is leaving the organization to pursue unspecified opportunities. Thomson will be responsible for leading the IMA's operations, programs, products and services. He joined the IMA in 2005 and most recently served as vice president of research and applications development. He was formerly CFO of business sales at AT&T and worked at the company for more than two decades.

Thomson is looking forward to his new role at the IMA. "It's an exciting job," he said in an interview. "It essentially is very much like the CEO job of a publicly traded company."

He acknowledged that management accountants are facing increasing pressure these days to comply with ever more regulations and standards. "There are incredible challenges for people in our profession, whether you're in an organization that's publicly traded or privately held, a small, medium or large organization, and whether you're in Indiana or India," he said. "There are enough challenges to keep the CFO team extremely busy."

He will be working with the IMA board on developing long-term strategic plans for the organization and managing the IMA's certification and professional development programs.

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