BDO US chief executive Jack Weisbaum is to
retire at the end of his second term in October.

Weisbaum, who joined BDO as a partner in 1982, was elected chief
executive in 2004 and re-elected to serve a second term in
2008.

The firm said in a statement that Weisbaum, who is in his early
seventies, informed the board at their January meeting that he
would not be seeking a third term as chief executive.

Weisbaum started his career in the US Army Reserve at the age of
17, but after serving on active duty he took a series of evening
classes while working full time leading to an interest in public
accounting and ultimately to achieving a bachelor’s degree from
Hofstra University.

During his time at BDO Weisbaum has championed programmes that have
shaped the culture of the firm, including the women’s initiative,
designed to increase the recruitment, retention and advancement of
women as well as BDO flex which aims to ensure the optimal
work/life “fit” for employees.

Weisbaum’s successor will be determined by a partnership vote in
late March.