Louisville, Ky.-based IPA 400 firm Monroe Shine (FY23 net revenue of $10.42 million) marks its 100th anniversary this year. Monroe Shine also announces the appointment of Phillip D. Beaman as the firm’s new president and CEO. Beaman takes over this leadership role from outgoing president and CEO, S. Butch Shaw who remains with the firm as a shareholder, where he continues to work with a variety of business clients, individuals and not-for-profit organizations.
Phillip D. Beaman
“Reaching 100 years is an incredible milestone that speaks to our commitment to our clients, our people, and our community,” said Beaman, newly appointed president & CEO of Monroe Shine. “Our firm has built a legacy of trust, excellence and service spanning generations, and I am honored to step into this leadership role at such an exciting time in our firm’s history. I want to recognize and thank Butch for his leadership and dedication as president & CEO. His impact on Monroe Shine has been immeasurable, and I look forward to continuing to work alongside him as he remains a valued shareholder and integral part of our firm. We will continue to build on our strong foundation of client service and community involvement, with even more exciting announcements coming later this year.”
“It’s always been about serving our clients with integrity, teamwork and personal attention,” said Beaman. “Many of our clients have remained with Monroe Shine for generations, which is a testament to our value system, which is built on the idea of “The Firm Concept.” We believe our greatest strength comes from this idea that clients do not belong to any one person but to the firm. Working as a team ensures all clients are served in the best way possible. We believe it is very important to develop a lasting relationship with our clients and strive to exceed their expectations at every turn.”
