What's Happening?
Baker Tilly, a prominent Chicago-based accounting and consulting firm, has announced the appointment of Eric Miles as its new chief executive officer, effective January 7, 2026. This leadership change follows the firm's acquisition by private equity firms Hellman & Friedman and Valeas Capital Partners in 2024. Eric Miles, who was named CEO-elect in June 2025, steps into the role after the merger of his previous firm, Moss Adams, with Baker Tilly. This $7-billion merger positioned Baker Tilly as the sixth-largest CPA firm in the United States. Jeff Ferro, the outgoing CEO who led the firm since 2023, will remain on the board of directors for Baker Tilly Advisory Group. Miles brings over 20 years of leadership experience, having previously served
as CEO of Moss Adams and leading its consulting business and sector practices in life sciences, technology, and media.
Why It's Important?
The appointment of Eric Miles as CEO marks a significant transition for Baker Tilly, especially following its recent merger and acquisition activities. This leadership change is crucial as it aims to leverage the expanded capabilities and resources from the merger to drive growth and innovation. With over 11,500 employees and annual revenue of $3.36 billion, Baker Tilly is poised to strengthen its market position in the accounting and consulting industry. Miles' extensive experience and strategic vision are expected to guide the firm through evolving client needs and market dynamics. The leadership continuity with Jeff Ferro remaining on the board ensures stability and strategic alignment during this transition.
What's Next?
Under Eric Miles' leadership, Baker Tilly is expected to focus on enhancing its service offerings and expanding its market reach. The firm will likely prioritize integrating the capabilities from the merger with Moss Adams to deliver comprehensive solutions to its clients. As the firm adapts to the changing landscape of the accounting and consulting industry, stakeholders will be watching how Baker Tilly navigates challenges such as technological advancements and regulatory changes. The firm's strategic initiatives and client engagement strategies will be key areas of focus in the coming months.
