Chicago-based IPA 100 firm BDO USA (FY23 net revenue of $2.9 billion) announces that COO Steve Ferrara will retire following a 33-year career with the firm. Assurance principal Mark Ellenbogen will succeed Ferrara as COO, effective July 1, 2024.
CEO Wayne Berson commented on the transition, “Collaborating with Steve over the last 12 years has been a privilege. Steve has made innumerable and invaluable contributions to the firm, including overseeing remarkable revenue growth. I am confident Mark will build on Steve’s legacy, and his leadership will propel us toward a new chapter of sustainable, people-first growth.”
Ellenbogen added, “Stepping into the COO role is both an honor and an exciting opportunity. I am proud to have been a part of the firm’s successes during the last 22 years. I am grateful for Steve’s guidance during this transition and the unwavering support of Wayne, the executive team and the board.”
