Yessss we get to use the “Smithers, fetch me the CGMAs” image.
After spending almost three decades as president and CEO of the AICPA, Barry Melancon announced in May of last year that he’d be retiring at the end of the year. And he did, leaving behind a yearly salary of $2,722,239 (according to the most recent available Form 990 for the AICPA).
If you assumed that 67-year-old Barry would be taking this opportunity to rest and hit the green to work on his putt game, you’d be wrong.
Baker Tilly announced on February 10 that he’d be taking on two “influential” roles at the firm: advisor to Baker Tilly (U.S.) and non-executive director and chair-elect of the Baker Tilly International board of directors, effective January 29. Hmm.
Are you ready for this quote?
“The accounting profession is at a pivotal moment, and Baker Tilly is positioned to help shape its future in meaningful ways,” said Melancon. “Throughout my career, I’ve been driven by a passion for innovation and the advancement of our profession. Baker Tilly’s commitment to progress, talent development and global collaboration aligns perfectly with that mission. I look forward to working alongside this dynamic team, leveraging my experience and relationships to drive lasting impact across the profession and the clients we serve.”
Very relevant article:
Anyway, there’s not much more to say about this so enjoy this Reddit thread instead. Other than the person who said Barry contributed to the profession by not getting tangled up in any sex or child trafficking scandals during his tenure it’s pretty brutal.
Barry Melancon to retire. Can someone name one meaningful thing this guy has done to improve our profession in his entire career? Serious question.
byu/eribertocamino inAccounting
