CHICAGO--(BUSINESS WIRE)--Grant Thornton LLP’s partnership board voted unanimously to extend Mike McGuire’s term as the firm’s chief executive officer (CEO) until July 31, 2021 – his mandatory retirement date.
“Mike has led our firm to great success over the past four years on many important fronts, from financial results to culture, and from innovation to quality,” said Dave Wedding, chairman of the partnership board at Grant Thornton. “This term extension means Mike can continue to lead Grant Thornton’s ‘Status Go’ approach to helping our clients overcome challenges and create value.”
Since becoming CEO in January 2015, McGuire and his leadership team have steered Grant Thornton to record-setting revenue and driven its quality results to the top of the profession, while also investing in the firm’s culture and brand. In addition, McGuire and his team are developing innovative capabilities aimed at transforming the professional-services industry in the years to come.
“Businesses today face constant disruption and have to move at great speed," said McGuire. "We’ve spent the past four years at Grant Thornton being intentional in executing our strategy and transforming our firm to ensure success in a complex and evolving business environment – and helping our clients do the same. I’m excited to continue on this journey with my teammates at the firm and the clients we serve.”
Prior to assuming the CEO post, McGuire served on the firm’s senior leadership team as the national managing partner of operations. Before that, he served as the national managing partner of Markets, Industry, People & Culture. He has also served as the managing partner of Grant Thornton’s Carolinas practice, and has been a member of the firm’s U.S. and global partnership boards.
Before joining Grant Thornton, McGuire spent 20 years with Arthur Andersen in numerous roles, including as Audit practice leader for the Carolinas.
McGuire has served on more than 40 professional and community boards during his career. He currently is a member of the Business Roundtable and the Chicago Economic Club; a governing board member of the Center for Audit Quality; a member of the Advisory Council of the Bechtler Museum of Modern Art; and a trustee of Queens University of Charlotte.
McGuire received a bachelor’s degree in accounting and management information systems from Bowling Green State University. He is a certified public accountant in Illinois and North Carolina.
About Grant Thornton LLP
Founded in Chicago in 1924, Grant Thornton LLP (Grant Thornton) is the U.S. member firm of Grant Thornton International Ltd, one of the world’s leading organizations of independent audit, tax and advisory firms. Grant Thornton, which has revenues in excess of $1.8 billion and operates 59 offices, works with a broad range of dynamic publicly and privately held companies, government agencies, financial institutions, and civic and religious organizations.
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