Stephen Chipman has been named CEO of Grant Thornton, effective as of Jan. 1. He succeeds Edward Nusbaum, who will assume the responsibilities as CEO of Grant Thornton International.

Chipman, who was elected to the position in June 2009, most recently served as CEO of Greater China Management Corporation, responsible for leading the development and growth of services for Grant Thornton in China. Under Chipman's leadership over the last two years, Grant Thornton's resources in China have expanded significantly to more than 1,600 people in six offices.

A member of Grant Thornton for 28 years, Chipman has held a number of key executive leadership positions. He served as the U.S. Central Region managing partner from 2003 to 2006, delivering the most improved growth and profitability of any region in the firm during that period. Chipman served as the managing partner of the Dallas office from 2000 to 2003 and as the U.S. managing partner of Global Services and worldwide director of International Business Centers from 1998 to 2000. During that time, he developed the strategy and business plan for the launch of the global organization's International Business Center network and served on the Grant Thornton International Board of Governors and the U.S. National Leadership Team and Partnership Board.

During the past six years as a member of the Grant Thornton Senior Leadership Team, Stephen served as the inaugural chair of the Grant Thornton Experience Leadership Council, and as chair of both the Global and China initiatives. Stephen began his work on international affairs in Hong Kong in 1992 as the regional technical director for Asia Pacific, and started his career with Grant Thornton in 1986 in Plymouth, England.

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