The expanded board adds broader skills and experience as the firm seeks to support continued growth, officials said.
Price Bailey, the leading independently owned accountancy firm established in 1938, announced expansion of its governance board for Price Bailey LLP and Price Bailey Group Limited to include broader skills and experiences.
Howard Sears stepped down as chair after 12 years of service and over 20 years on the board, succeeded by Chand Chudasama, the new chair. Sears continues full time as head of business advisory.
Price Bailey traces its leadership nearly 90 years through a line of chairs including founder Richard Price. Managing Director Martin Clapson noted the firm is one of the fastest organic growing top 50 accountancy firms owned by partners.
New Chair Chudasama stated, "The future of this firm is exciting," emphasizing the expanded board will leverage a capable partner team and strong foundations. Managing Director Clapson highlighted the board's critical role in understanding culture and technology.
As one of the UK's largest remaining independent partner-owned firms since 1938, Price Bailey's expanded governance structure positions the firm to guide clients through continued growth and navigate future challenges in the accountancy sector.