Stephen Chipman has been named CEO of Grant Thornton, effective as of Jan. 1. He succeeds Edward Nusbaum, who will assume the responsibilities as CEO of Grant Thornton International.

Chipman, who was elected to the position in June 2009, most recently served as CEO of Greater China Management Corporation, responsible for leading the development and growth of services for Grant Thornton in China. Under Chipman’s leadership over the last two years, Grant Thornton’s resources in China have expanded significantly to more than 1,600 people in six offices.

Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal,...