Bay Area executive celebrated for leading change in the accounting profession

SAN FRANCISCO–BPM LLP announced today that Jim Wallace has been honored by the San Francisco Business Times as one of the Most Admired CEOs in Bay Area Business. This prestigious award recognizes CEOs who exemplify great business and community leadership, in addition to leading change in their profession. Ten executives will be honored at the awards gala taking place on November 8 in San Francisco. Honorees include top executives, C-suite leaders, and entrepreneurs that exemplify creativity, passion, vision and perseverance. Honorees span a variety of industries including technology, real estate, finance, hospitality, non-profits, law, medicine and education.

“When Jim joined BPM, we knew it would be something special,” commented BPM Chair, Rich Bellucci. “Jim is determined, focused, innovative, and most of all, humble. We are lucky to have him at BPM and I can’t think of anyone more deserving of this award.”

As CEO of BPM, Wallace focuses his attention on leading strategic initiatives that raise the Firm’s national prominence through the expansion of new sectors, concentration on innovative specialty services, and business combinations in key markets. Under his leadership BPM’s revenues have increased by 20 percent, the number of full time employees has increased by 24 percent, and the membership in the Firm’s partnership has grown by 18 percent.

“I am honored to receive this award,” said Jim Wallace. “This is a reflection of the dedication and hard work of our firm as a whole – I am very proud of all we have done and continue to do.”

Wallace has been in public accounting for more than 30 years in a variety of client service, managerial and leadership roles. Prior to joining BPM in 2015, he served as Chief Operating Officer at Rehmann, where the company’s revenue doubled during his tenure.

“We are delighted to honor Jim Wallace as one of the San Francisco Business Times’ Most Admired CEOs,” added Mary Huss, president and publisher of the Silicon Valley Business Journal and San Francisco Business Times. “He is thoughtful, caring and inspiring – a mentor who leads by example and focuses on the success of his team and his clients. He’s an active and generous community citizen. And above all, Jim is an exceptionally warm human being.”

Most recently, BPM was recognized as the 2018 Innovative Firm of the Year by LEA Global, the second largest international association in the world.