Wall Einhorn & Chernitzer of Norfolk, Va., (FY18 net revenue of $15.2 million) has announced the retirement of MP Marty Einhorn and that his successor is Angela Kerns, who took on the role of managing shareholder Jan. 1.
Einhorn, who led the firm since it was established in 1989, retired Dec. 31. Of the three founding shareholders, he is the first to retire. Alvin Wall continues as an active member of the tax department and Jeffrey Chernitzer is a wealth management and investment advisor.
Kerns, who joined the firm in 2002, will be responsible for all aspects of the CPA firm’s performance. Penelope Bustamante, the firm’s COO, will assist Kerns in her transition.
Kerns leads the firm’s real estate client service team specializing in affordable housing audits and providing accounting and consulting services. She is also the co-leader of the firm’s not-for-profit and employee benefit plan client service groups.
“When it came to selecting a successor, the decision of the shareholder group was unanimous that Angela be the one leading the firm going forward,” Einhorn says. “One of the most important roles of managing shareholder is leading your people. She has been a trusted source of guidance, always putting our team first.”