Councilor, Buchanan & Mitchell (CBM) has named Daniel L. Weaver, CPA as the firm’s new president and managing partner, effective January 1, 2021. Mr. Weaver currently serves as an executive vice president and chair of the firm’s not-for-profit practice. He will be the sixth president and managing partner in CBM’s 100-year history, succeeding Peter B. Reilly, CPA, CVA.
“I am honored to lead CBM into a second century of service,” said Weaver. “I appreciate the trust and support of the CBM team. Together, we will ensure CBM continues to serve clients with the highest quality of service and helps position them for success. Despite the changes facing our industry, including many accelerated by the pandemic, our professionals demonstrate daily how we have thrived since James Councilor opened his doors in 1921.”
Weaver assumes the helm at CBM as the firm continues to adjust to a period of rapid growth. Under Reilly’s leadership, CBM expanded through a series of mergers from fewer than 50 staff to a team of more than 100. The result has been recognition by the Washington Business Journal as one of the top 25 DC metro-area accounting firms for three consecutive years and, as more women have moved into leadership roles at the firm, acknowledgment as one of the top equity firms for leadership by the Accounting and Financial Women’s Alliance for two straight years.
”CBM is fortunate to have a professional of Dan’s caliber,” said Reilly. “Having worked with Dan for his entire career, I can say with great certainty that CBM is poised for an even brighter future.”
Weaver first joined CBM in 1999 as a staff accountant and, over the years, has assumed greater responsibility at the firm and visibility throughout the accounting industry. He became director of not-for-profit services and a shareholder of the firm in 2010. He presents regularly at the Greater Washington Society of CPAs’ Nonprofit Symposium, one of the DC area’s leading conferences for not-for-profit finance professionals, and serves on the Board of Directors of The Children’s Inn at NIH.
To celebrate the firm’s 100th anniversary, Weaver has spearheaded the firm’s CBM100-Charities initiative, during which every CBM team member commits to leading a charitable event in the DC metropolitan region in 2020 or 2021 to give back to the not-for-profit community, which has helped the firm deliver on its mission of leaving a lasting positive impact in the community.
“CBM has a bright future regardless of the challenges currently facing our world,” said Weaver. “The firm has survived the Great Depression, two world wars and other national and international upheavals. I am very proud to follow in the footsteps of CBM’s past presidents, including three that I had the chance to work under, Burns McLindon, Vince Crescenzi and Pete Reilly. Our legacy of excellent client service continues and, as a result, we expect to stay strong for many years to come.”
Councilor, Buchanan & Mitchell (CBM) is a professional services firm delivering tax, accounting and business advisory expertise throughout the Mid-Atlantic region from offices in Bethesda, MD and Washington, DC.