Pennsylvania Institute of CPAs names new president
The Pennsylvania Institute of Certified Public Accountants (PICPA) has appointed David Stonesifer as its new president.
The appointment took effect on 6 May during the organisation's 128th annual meeting in Philadelphia, US.
Stonesifer, CEO of Herbein + Company, succeeds outgoing president Matthew Melinson.
As president, Stonesifer will focus on strategic priorities, including talent pipeline development, technology adoption, and CPA advocacy.
PICPA CEO Jennifer Cryder said: 'Dave is a respected voice in the profession and a passionate advocate for CPAs across Pennsylvania.
'His forward-thinking leadership and deep commitment to service will be invaluable as we continue to navigate the changing landscape of the profession and support our members in meaningful ways.'
Stonesifer brings experience in both accounting and business leadership. He has been involved in various professional organisations, including the Pennsylvania State Board of Accountancy and the Greater Reading Young Professionals board.
Stonesifer said: 'It is a great honour to step into this role at such a transformative time for the accounting profession. The opportunities and challenges ahead are significant, but the PICPA has done a tremendous job paving the way on issues from evolving workforce needs to supporting firms during rapid technological change.
'I look forward to continuing this hard work with PICPA members, leadership, and stakeholders to ensure CPAs across Pennsylvania are well-equipped to thrive.'
PICPA represents close to 20,000 members across public accounting, corporate sectors, government, and academia.
Established in 1897, it holds the distinction of being the second-oldest state CPA body in the US.
In February this year, PICPA released a report titled '2025 Compensation and Benefits for Accounting Firm Leadership: A Strategic Guide'.
The report analysed compensation structures, retention strategies, and benefits adaptation within Pennsylvania accounting firms.
Offering benefits remains crucial, with a significant percentage of firms providing medical, dental, and vision insurance.
Recruitment efforts have intensified, with 88.5% of firms offering medical insurance, 80.8% providing dental coverage, and 73.1% incorporating vision insurance.
"Pennsylvania Institute of CPAs names new president " was originally created and published by The Accountant, a GlobalData owned brand.
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