May 21, 2019
WASHINGTON, D.C. — Bill Reeb, chief executive of the management consulting firm Succession Institute, LLC, is the new chair of the American Institute of CPAs, the world’s largest member organization representing the CPA profession.
Reeb was elected to the one-year volunteer post by the AICPA governing Council, which wraps up its annual spring meeting today. Tracey Golden, CPA, CGMA, an audit partner with Deloitte, was voted in as vice chair.
In his acceptance speech, Reeb said the profession must take "leaps, not steps" forward to take advantage of what will be a sea change in accounting and finance.
"The role we play as trusted advisors has never been more important," he said. "Our clients and employers are challenged to stay ahead in a time when rapid innovation and change is the new world order. They need us to be with them, side-by-side, helping them navigate the complexity and uncertainty that is the world we live in today."
Reeb offered four pieces of advice for the profession:
Reeb is a CPA and holds the Chartered Global Management Accountant (CGMA) and CITP (Certified Information Technology Professional) designations. As of June 1, he will also serve as vice chair of the Association of International Certified Professional Accountants, the unified voice of the AICPA and the Chartered Institute of Management Accountants (CIMA), and will work closely with the Association’s incoming chair, Amal Ratnayake, CFMA, CGMA.
Reeb has held several volunteer leadership positions at the AICPA, having previously served as vice chair, a member of the Board of Directors and governing Council, and secretary of the Political Action Committee. In addition, he has chaired the Practice Monitoring of the Future Steering Group and Management Consulting Services Executive Committee.
Currently the CEO of the Succession Institute, a management consulting firm based in Austin, Tex., Reeb has had a lengthy career consulting for businesses of all sizes, primarily in the areas of organizational structure and governance, operations and accountability. He has founded six small businesses, including a CPA firm, prior to starting the Succession Institute.
He is a member of the both the Texas and Colorado State CPA Societies. Reeb also serves as an advisory member on the board of the CPA Firm Management Association (CPAFMA). He received his bachelor’s degree from Southwest Texas State University.