Gumbiner Savett managing director Michael Savoy has been elected secretary/treasurer of the California Board of Accountancy in less than a year after being appointed to the board.

Savoy was named to the board by then-Governor Arnold Schwarzenegger and has now been elected secretary/treasurer of the CBA for 2012. In his new position, he will help keep the CBA’s finances in shape.

“I look forward to my new position as an officer for the CBA,” Savoy said in a statement. “Protecting consumers and upholding high standards for the accounting profession is of great priority for me, as is assuring that this organization is financially strong. I am honored to be a part of this very important work.”

Savoy has 37 years of CPA experience. He has been with Gumbiner Savett since 1994, and specializes in providing audit and financial reporting for privately held entities, litigation support and forensic accounting, tax planning and compliance, succession planning and exit strategies. In addition to his CBA position, Savoy is also on the Executive and Finance Committee of the Los Angeles Chamber of Commerce and a board member. He is immediate past chairman of the Americas Region Board of BKR International and is a member of the California Society of CPAs, the American Institute of CPAs and the Employee Stock Ownership Plan Association.

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