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Barry Melancon has announced that he plans to retire on 31 December 2024 from his role as CEO of AICPA and CIMA.
The details of his successor are expected to be announced before the end of the year and Melancon will be assisting with the transition and handover to the new CEO as they take up the role.
Melancon joined as CEO of AICPA in 1995 at age 37, making him the youngest CEO of the organisation in its history, and served as the longest serving CEO since its formation in 1887.
He became CEO of the Association in 2017, after successfully bringing together the largest accounting bodies, AICPA and CIMA.
His professional career started as a practising CPA in Louisiana, becoming a CPA firm partner at 25 years old, before leading the Society of Louisiana CPAs and being appointed CEO of AICPA.
Melancon said: “It has been my greatest honour to serve this dynamic, service-driven profession. I am proud to have transformed AICPA and CIMA into the leading accounting association, one that recognises and promotes the profession as being truly global and expansive.
“Over the decades of my service, I have been committed to help the profession grow, serve the public interest, seize new opportunities, innovate, and expand the value it offers society. Today we have a profession evolving at speed to meet the needs of markets and fulfil the role of trusted strategic advisor. This bodes well for the future, placing our profession in position to address some of the biggest challenges facing individuals, businesses, and economies.”
