Crowe Horwath, one the largest public accounting and consulting firms of the United States, has announced the appointment of James ‘Jim’ Powers as its new CEO. The appointment has been planned well ahead as Powers will assume his new role in April 2015.
Crowe Horwath, an independent member of Crowe Horwath International*, is one the largest public accounting and consulting firms of the United States (US) and provides audit, tax, advisory, risk, and performance services. The firm has over 3,000 employees, working at roughly 30 offices in the US.
Recently, Crowe Horwath has announced the appointment of James ‘Jim’ Powers as its new CEO. The appointment of Powers is well ahead of the starting date of his new function, and demonstrates a thought through succession plan for the firm. Powers will assume his new role on April 1st 2015 and succeed Charles M. Allen, who has been the company’s CEO for the last 8 years. “The Executive Committee members feel strongly that Jim is the right person to lead Crowe and continue the firm’s success,” says Mike Percy, Executive Committee Chair. As the new Crowe Horwath CEO, Powers’ key focus will be on continuing the expansion of the firm’s national footprint, service offerings and brand. “As a firm that has a significant portion of our business operated as a regulated profession, we continue to face many changes and believe Jim will lead Crowe to be an even stronger organization,” Percy continues.
Powers is currently the Managing Partner of the Indianapolis office, and has over 36 years of experience in providing audit services. In addition to being the Indianapolis Managing Partner, Powers also chairs the firm’s Retirement Plan Investment Committee and represents the firm globally as a liaison partner to Crowe Horwath International.
Powers joined the firm’s Elkhart, Indiana office straight out of DePauw University in 1978 as a campus recruit. In 1989, he was elected Partner and in 2007 he relocated to Indianapolis to assist in the continued development and growth of the Indianapolis market. During his time at Crowe Horwath, Powers has held several positions in addition to serving as Managing Partner of several local offices. These positions include: Chair of the Accounting and Auditing Practice Committee, Chair of Standards, Quality and Risk Committee, Managing Executive of the Audit and Financial Advisory Business Unit, member of the firm’s Management Committee, and member of the Crowe Executive Committee, including serving as the Chair 2012-2013.
* Crowe Horwath International is one of the largest global accounting networks in the world and consists of more than 150 independent accounting and consulting services firms in more than 100 countries.