Krater is only the sixth managing partner in the firm’s 85 year history
SOUTHFIELD, Michigan — Gordon Krater, CPA, today became managing partner of Plante & Moran, only the sixth managing partner since the firm was founded in 1924. Krater was elected by the firm’s partners last October, and succeeds Bill Hermann who has served as managing partner since July 2001.
“I am honored to become Plante & Moran’s newest managing partner,” said Krater. “During Bill Hermann’s tenure the firm grew by expanding its geographic footprint and broadening service capabilities. I look forward to building on Bill’s accomplishments and continuing the core traditions of client service, staff development, and community leadership that have been fundamental to our development over the years. Plante & Moran provides a unique, client focused model that ensures we have great staff serving great clients. There will always be demand for professional service firms who put client’s needs ahead of their own.”
Krater joined Plante & Moran in 1980 after graduating from the University of Michigan. In those 29 years he’s served in a variety of positions, including most recently as group managing partner in charge of industry specializations. As managing partner, Krater will lead Plante & Moran in the continued development of capabilities and processes that anticipate and satisfy client needs. Krater also will continue to foster the firm’s great work environment which attracts talented people to the firm which translates into enhanced client service.
Krater has given presentations to public accounting and consulting firms around the country on “Building a World Class Culture,” “Partner Participation Systems,” and “Matrix Management in a Professional Services Firm.”
Bill Hermann will continue at Plante & Moran as leader of the firm’s practice group that focuses on service industry companies: professional service firms, business service companies, technology companies, retail concerns, and dealerships. Hermann expects to further leverage the valuable experience gained during his two consecutive terms as managing partner in this role. Hermann chose not to stand for re-election and instead, let the firm partners select his successor in accordance with established firm guidelines.
Plante & Moran is among the nation’s largest certified public accounting and business advisory firms, providing clients with, tax, audit, risk management, financial, technology, and business consulting, and wealth management services. Plante & Moran has a staff of more than 1,500 professionals in 19 offices throughout Michigan, Ohio, Illinois, Monterrey, Mexico and Shanghai, China. Plante & Moran has been recognized by a number of organizations, including Fortune magazine, as one of the country’s best places to work.