Troy – The Michigan Association of Certified Public Accountants announced the election of Frank V. Maselli as chair of its board of directors.
A long-standing member of the MICPA, he will serve a one-year term as its chair. Maselli is an EY Assurance Partner with over 30 years of experience with professional services firms. He routinely leads large-scale audit engagements for several public and private clients with international operations and has served a variety of clients with EY, including real estate, REITs, homebuilders, technology, digital, automotive and manufacturing.
Maselli recently completed a two-year term as the Central Region EY Private assurance leader and spent 10 years consulting entrepreneurs as the Program Director of the EY Entrepreneur of The Year Program and Growth Markets Leader for the Detroit practice. He’s currently a senior partner in the EY Central Region Real Estate Group.
Throughout his career, Maselli has garnered significant experience in coordinating large, multi-national audit clients and has earned expertise in technical accounting issues including major acquisitions, complex equity and debt investments, noncontrolling interest, loan receivables, income taxes, restructuring, pensions, goodwill and long-lived asset impairments.
A few of his notable career highlights include service as the coordinating partner of major public accounts such as Welltower, Altair Engineering, PulteGroup, Skyline Champion Corp, AV Homes, Gentex Corporation, KB Home and Equity Residential. Frank is an avid volunteer for community organizations including United Way and Gleaners Community Food Bank and serves as a board member for Jack’s Place for Autism. Maselli lives in Rochester with his family.
Other officers elected for this year include:
• Michelle F. Randall, chair-elect – The Northville resident is professor of accounting at Schoolcraft College in Livonia.
• Ronald C. Edmonds, treasurer – The Charlevoix resident is controller and vice-president of controllers and tax at Dow in Midland.
• James N. Lopiccolo, secretary – The Oxford resident is founder and member of Capocore Professional Advisors in Lake Orion.
The board’s executive committee also includes immediate past chair, David G. Echelbarger, and past chair, Robert M. Johnson.
New director with term expiring August 31, 2021:
• Kathy Petroni, of East Lansing, is a distinguished professor emeritus in the Department of Accounting and Information systems in the Broad College of Business at Michigan State University (MSU) where she has been a faculty member since 1990. She was the Deloitte/Michael Licata professor of accounting from 2002 until 2020. Her service record is extensive, from an engaged member of the Financial Accounting Standards Advisory Council for the FASB to associate editor of the Journal of Accounting & Economics to associate dean for Undergraduate Programs in the Broad College of Business from 2016 through 2019. She is the recipient of several teaching and research awards including MSU Teacher-Scholar Award, the MSU Alumni Club of Mid-Michigan Quality in Undergraduate Teaching Award, and an MSU University Distinguished Professor Award.
New directors with terms expiring August 31, 2023 include Matthew Kidd of Livonia and Stacey Reeves of Southfield.