Southfield, Mich.-based Plante Moran (FY16 net revenue of $480.7 million), has announced that Jim Proppe was selected by his partners to become the firm’s next MP.
Proppe’s term begins on July 1, as Gordon Krater, the firm’s current MP, concludes eight years as leader at an IPA 100 firm. He will remain at the firm as a partner.
“I’m honored and humbled to become Plante Moran’s next managing partner,” Proppe says. “I’ve learned a lot from Gordon’s leadership over the years. He inspires us to be good stewards of the firm — to strive to leave it better than we found it. That is certainly his legacy, and I’m grateful to have the privilege to carry on this tradition of leadership that will further benefit our firm, clients and staff.”
Proppe will lead Plante Moran with a strong focus on anticipating and satisfying client needs. He plans to help the firm expand its capabilities by increasing service offerings, investing in top talent and helping the firm to compete in a digital world where technology provides new opportunities for the firm and its clients – all while maintaining Plante Moran’s rich culture and one-firm firm approach.
Proppe joined Plante Moran in 1984 after graduating from the University of Michigan. He has served as a group MP for more than 12 years. In his current role, he leads client service, growth and people development for the firm’s industry-focused practice areas. Proppe has also served as group MP of services, where he was instrumental in leading the firm through the creation of several new service offerings and the development of its Shanghai, Monterey and Mumbai offices. Earlier in his career, Proppe served as MP of Plante Moran’s Ann Arbor office.
Krater will conclude two four-year terms as MP on June 30, 2017. “One of my first roles as managing partner was to begin identifying potential successors, and it was clear we had several qualified candidates,” he says. “But I knew early on that Jim was a natural leader. He has a great ability to continuously innovate and respond to the changing needs of clients and staff.” He told Crain’s Detroit Business that he will focus on Plante Moran’s mergers and acquisitions business and diversity issues and will remain as vice chair of Praxity, an international association of accounting firms.
Proppe is only the seventh managing partner in the firm’s 92-year history.