Bauknight Pietras & Stormer (BPS) has elected Bryan Hudson as chair of its first board of directors.
Hudson, a shareholder of BPS since 2013, leads the firm’s property and casualty insurance practice, with a focus on regional and national clients including commercial carriers, mutual insurers, captive insurance, and risk retention groups domiciled in the US.
BPS, which has now reached a total team size of 70, has implemented this new board of directors to support its growth.
BPS managing shareholder, Russell Bauknight, said that the move was motivated by a desire for formal governance.
He explained: “As we approach nearly three decades in business, the shareholders saw the need for additional structure in our approach to the firm’s overall strategy and decision making.”
“BPS is now a leading regional firm with a client base that is increasingly specialised and often national in scope. We want to continue to grow and strengthen our position as a preferred tax and assurance consulting firm and employer.”
He added: “A board of directors, with Bryan as the board chair, gives us the leadership level oversight BPS needs to achieve our goals.”
Hudson added: “BPS has achieved tremendous success over the last 28 years, but like every business, we need to continue to challenge ourselves to be proactive and strategic in an increasingly technology-driven business environment.”
“I look forward to providing leadership and oversight on the BPS board and for our firm.”