Tom Watson will become the next CEO of Springfield, Mo.-based BKD (FY20 net revenue of $694.9 million) on June 1. He will replace Ted Dickman, who is retiring May 31, the firm announced today.
BKD, one of the largest accounting firms in the country at No. 15 on the 2020 IPA 100 list, has been led by Dickman since 2012. Watson’s previous experience includes serving as the South region MP and the MP for the Dallas/Fort Worth/Waco practice in Texas. Watson is credited with significant growth of the firm’s health care practice.
“Our profession is at the start of a technological evolution, and that will certainly influence our vision and strategy over the next decade,” says Watson, who was chosen after a six-month selection process. “I am very bullish about BKD’s future and the opportunities this transformation creates for us to help our clients solve their complex problems while creating rewarding careers for our professionals.”
Dickman says Watson embraces digital transformation. “We believe Tom will continue to propel BKD forward and has a high ceiling for what he is capable of doing as a leader.”
Dickman will continue handling all CEO responsibilities while involving Watson in key decisions through the end of 2020. In early 2021, Watson will take on more of a leading role, and Dickman will spend more time on special projects before retirement.
Dickman entered public accounting in 1983 as a tax professional in BKD’s Indianapolis office. He was elected partner in 1991.