Saginaw, Mich.-based IPA 200 firm Yeo & Yeo (FY19 net revenue of $35.6 million) has announced that principal and shareholder Dave Youngstrom will become its next president and CEO-elect effective Jan.1, 2022. He will succeed Thomas Hollerback, who will retire at the end of 2021 after nine years as CEO and 38 years with the firm.
“I am passionate about our culture and making Yeo & Yeo the best place to work for everyone,” says Youngstrom. “I am committed to ensuring our clients receive the best service in the most efficient ways possible, and I pledge to continue down the path of innovation and growth for our firm.”
Youngstrom has been Yeo & Yeo for the past 25 years and currently sits on the board of directors. In his recent role as assurance service line leader, he was responsible for directing and strategizing the firm-wide audit practice throughout nine offices.
“Dave and I have worked together for more than 25 years supporting, mentoring and challenging one another along the way,” says Hollerback. “I know from my long history of working with Dave that he will bring new energy and innovation to Yeo.”