NEWS

BPM Announces CEO Transition  

March 17, 2026

Jim Wallace to retire from CEO after 11 years of service

After 11 years of dedicated leadership, Jim Wallace has announced his plans to retire as CEO of BPM.

Jim has led the Firm with dedication and vision, guiding BPM through a tremendous period of growth and change. In 2015, when Jim stepped into the role of CEO, BPM was a $69 million organization with just over 300 colleagues, primarily located around the San Francisco Bay Area. Today, the Firm has grown to more than $254 million in revenue and nearly 1,300 colleagues working together across offices and locations around the world.

“Serving as CEO of BPM for more than a decade has been an extraordinary privilege. As I reflect on the past eleven years, what I feel most is gratitude,” said BPM CEO Jim Wallace. “What began as a regional firm has become a global organization serving clients, communities, and industries in many markets. While I am proud of the growth we have achieved, what matters most to me is how we achieved it. We grew while staying true to the values that define BPM — especially our promise of Because People Matter.”

The Board of Directors extends its deep gratitude to Jim for the positive impact he has made on the Firm, its colleagues, and the profession.

“Over his tenure, we significantly expanded our capabilities and geographic footprint and navigated increasing complexity, while never losing sight of the important value we add to our clients or who we are at our core,” said Brian Finnegan, BPM Partner and Chair of the Board of Directors. “Jim’s leadership and commitment to our mission, vision, values, and Because People Matter promise have helped us build an incredibly strong foundation that positions us well for the future.”

BPM’s Board is leading a CEO succession process and is committed to identifying the next right leader for the Firm’s future. In the interim, the Board has appointed Partners Brian Finnegan and Nick Steiner to co-lead day-to-day operational and strategic oversight of the Firm.

“With a strong leadership team and talented professionals across the Firm, our clients will continue to receive the exceptional service they expect from BPM,” said Nick Steiner, BPM’s Chief Growth Officer. “The Firm remains focused on delivering thoughtful advice, practical solutions, and the highest level of service to our clients. Transitions like this present new opportunities, and we are excited for what’s ahead.”

In a farewell message shared internally with colleagues, Jim said:

“The Firm is in excellent hands, and I have great confidence in the leadership that will continue moving BPM forward. I feel incredibly positive about where we are today. The Firm is strong. Our leadership is strong. Our culture is strong. And the opportunities ahead for BPM are tremendous.”