Governance and Structure

International Board

The International Board, which consists of a minimum of 15 elected members, has ultimate responsibility for upholding the values and standards and setting the procedures of Baker Tilly International. Its responsibilities include approving the global strategic direction and policies of the network as recommended by the CEO and President and authorising membership changes.

James Castellano is the current Chairman of the International Board. Initially appointed in 2001, he was re-elected in 2014 for a further three year term.

International Board members are drawn from individuals who are, or have previously been, senior partners (or the equivalent) of member firms across the network and are elected for a four-year term by representatives exercising their votes through their member firms. The International Board comprises directors from each of our regions and represents member firms of different sizes.

The International Board meets in person twice a year and on further occasions as required.

CEO and President

The CEO and President is appointed by, and reports to, the International Board and is responsible for the day-to-day leadership of Baker Tilly International. The role of the CEO includes the development and recommendation of global strategic priorities for ratification by the International Board, together with overseeing execution of these priorities. The CEO has responsibility for appointing the Global Office team which assists in the delivery of the global strategy.

Ted Verkade was appointed CEO and President of the network in June 2016. He succeeds Geoff Barnes, who had held these position since 2000.

The Global Office

Led by the CEO and President, the Global Office supports the day-to-day leadership and management of Baker Tilly International, recommending the policies and regulations to govern and manage the network, and ensuring alignment in the execution of the global strategy.

The network’s strategic planning cycle includes an annual evaluation of the global strategy resulting in a proposal to the International Board for changes in the strategic objectives, if any, and strategic priorities for the next year’s strategic action plan.

Regional Advisory Councils

The network operates geographically through four regions: Asia Pacific; Europe, Middle East and Africa; Latin America; and North America. Each region has a Chair, appointed by the International Board, who leads an advisory council made up of partners (or the equivalent) from and elected by members in that region.

Each Chair is supported by a full-time Regional Director whose role includes the co-ordination and development of business between members, the recruitment of new firms as necessary and the implementation of the global strategy within their region.

Remuneration Committee

The Remuneration Committee is responsible for evaluating the performance and establishing the compensation of the CEO and President, and reviewing and approving the CEO’s recommendations to the International Board in respect of compensation of the Global Office’s senior management, the Chair of the International Board and the Regional Chairs.

Nominating Committee

The role of the Nominating Committee is to oversee the nomination and appointment of International Board members, as appropriate, and, specifically, to manage the succession process of the Chair of the International Board. The current Chairman, Jim Castellano, will step down in 2017.

Finance Committee

The Finance Committee is responsible for reviewing the network’s financial information and budget to be approved by the International Board. It is also responsible for recommending to the Board a funding model that achieves the network’s vision.

Member firm structure

The partners (or the equivalent) of Baker Tilly International member firms are generally the owners of their respective member firms. Each firm operates within the legal and regulatory framework of its particular jurisdiction(s). They are separate and independent firms that are owned and managed locally.