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Friedman LLP co-managing partners to replace veteran leader, run day-to-day operations

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Bruce Madnick, Friedman LLP's managing partner and CEO, will become CEO emeritus.
Bruce Madnick, Friedman LLP's managing partner and CEO, will become CEO emeritus. - ()

Friedman LLP, a Manhattan-based accounting firm with a major presence in New Jersey, has announced that its co-managing partners will take over day-to-day operations of the business, effective Jan. 1.

The firm, which was the ninth-largest in the state on NJBIZ’s most recent list of Accounting Firms, said in a news release Thursday that Fred Berk and Harriet Greenberg will run its day-to-day operations starting in 2017.

“Friedman’s culture centers on putting people first: our clients, our staff and our community,” Greenberg said in a prepared statement. “Fred and I grew up with this philosophy and are honored to be carrying on in that tradition.”

Meanwhile, the former managing partner and CEO of 35 years, Bruce Madnick, will become CEO emeritus, continuing his affiliation with the firm but stepping back from his operational leadership role.

“Under Harriet and Fred’s leadership, the firm will continue to provide cutting-edge services to our clients and a work environment where our staff can thrive,” he said in a statement. “The firm could not be in more capable hands.”

Friedman has New Jersey locations in East Hanover, Toms River, Marlton, Linwood, and Cape May.

“The completion of our carefully crafted succession plan ensures continuity and puts the firm in a strong position for ongoing growth,” Berk said in a statement.

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