Plante & Moran has chosen Gordon Krater as its next managing partner, the sixth managing partner in the firm's 85-year history.
Krater's term begins on July 1, 2009. He currently serves as a group managing partner. He will succeed Bill Hermann, who will conclude eight years as leader of the firm. Plante & Moran ranks 13th on Accounting Today's 2008 list of the Top 100 Firms.
"I am pleased and honored to become Plante & Moran's newest managing partner," said Krater in a statement. "Bill Hermann has always championed Plante & Moran as a growing organization whose strength rests in the service the firm provides its clients, and I'm delighted to be able to continue that tradition as Plante & Moran's next leader."
Krater joined Plante & Moran in 1980 after graduating from the University of Michigan. As group managing partner in charge of the firm's industry groups, he coordinates and oversees client service, growth, and people development directed at industry specialization and customization. Krater has also led the firm's efforts in the mergers of several accounting and consulting niche practices with Plante & Moran.
"Gordon will become the new managing partner as the firm celebrates its 85th anniversary, and I have no doubt that he will continue the core traditions of client service, staff development and community leadership that have been fundamental to our development over the years," said Hermann.
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