Baker Tilly Announces Leadership Transition

Jeff Ferro appointed Interim Chief Executive Officer

Jeffrey DeYoung to serve as Chairman of Board of Partners

CHICAGO--(BUSINESS WIRE)--Leading advisory CPA firm Baker Tilly US, LLP (“Baker Tilly”) today announced that after 20 years of dedicated service, Alan Whitman has resigned from his role as chief executive officer and chairman of the board with immediate effect. Jeff Ferro, regional managing partner, has been appointed interim chief executive officer and Jeffrey DeYoung, managing partner, has been appointed chairman of the board of partners (the “Board”).

“In just five years, we at Baker Tilly have doubled our workforce, expanded our footprint nationally and internationally with 19 successful combinations, and secured our position as a Top 10 advisory CPA firm with a distinct global brand,” said Managing Partner Jeffrey DeYoung. “Alan Whitman was instrumental in leading Baker Tilly to become one of the fastest-growing advisory CPA firms in the U.S.”

DeYoung continued, “In the midst of this significant period of growth, Jeff Ferro brings experienced leadership and a strong track record of operational excellence. Jeff, along with our entire Baker Tilly team, are focused on our mission to enhance and protect our clients’ value. Together, we are excited for our future as we advance our long-term strategy.”

Jeff Ferro is a 35-year veteran of the profession. He currently leads Baker Tilly’s eastern and central regions and is known for his business acumen and skill in developing next-generation talent. Previously, Ferro served as president of ParenteBeard and led its merger and integration in 2014 with Baker Tilly. Since that time, Ferro has guided several successful acquisitions by Baker Tilly.

“I am honored for the opportunity to lead Baker Tilly during this time of transition and thank the Board and my Partners for their confidence,” said Ferro. “Baker Tilly is an exceptional organization with exceptional people and exceptional clients. I look forward to collaborating across our firm as we create the advisory CPA firm of the future, today.”

DeYoung continued, “Alan’s impact on our organization and our lives is undeniable. We are grateful for his significant leadership and wish him the best in his next endeavors.”

“As my two-decades career with Baker Tilly comes to an end, it has been an absolute privilege and honor to serve as CEO for the past seven years,” said Alan Whitman. “I am proud of our organization’s resolve to reimagine the workplace and uphold our purpose to unleash and amplify talent. I am confident in the leadership of Jeff Ferro and Jeffrey DeYoung and know that along with the abundant talent at Baker Tilly, the firm’s future is bright.”

About Baker Tilly US, LLP (bakertilly.com)

Baker Tilly US, LLP (Baker Tilly) is a leading advisory CPA firm, providing clients with a genuine coast-to-coast and global advantage in major regions of the U.S. and in many of the world’s leading financial centers – New York, London, San Francisco, Los Angeles and Chicago. Baker Tilly is an independent member of Baker Tilly International, a worldwide network of independent accounting and business advisory firms in 145 territories, with 41,000 professionals and a combined worldwide revenue of $4.7 billion. Visit bakertilly.com or join the conversation on LinkedIn, Facebook and Twitter.