Grant Thornton’s partnership board voted unanimously to extend Mike McGuire’s term as the firm’s CEO until July 31, 2021 – his mandatory retirement date.

“Mike has led our firm to great success over the past four years on many important fronts, from financial results to culture, and from innovation to quality,” said Dave Wedding, chairman of the partnership board at Grant Thornton. “This term extension means Mike can continue to lead Grant Thornton’s ‘Status Go’ approach to helping our clients overcome challenges and create value.”

Since becoming CEO in January 2015, McGuire and his leadership team have steered Grant Thornton to record-setting revenue and driven its quality results to the top of the profession, while also investing in the firm’s culture and brand.

“Businesses today face constant disruption and have to move at great speed,” said McGuire. “We’ve spent the past four years at Grant Thornton being intentional in executing our strategy and transforming our firm to ensure success in a complex and evolving business environment – and helping our clients do the same. I’m excited to continue on this journey with my teammates at the firm and the clients we serve.”

Prior to assuming the CEO post, McGuire served on the firm’s senior leadership team as the national managing partner of operations. Before that, he served as the national managing partner of Markets, Industry, People & Culture, as well as managing partner of Grant Thornton’s Carolinas practice.

Before joining Grant Thornton, McGuire spent 20 years with Arthur Andersen in numerous roles, including as Audit practice leader for the Carolinas.