BNN Managing Principal Dayton Benway to Retire From Firm at End of 2024
Following a distinguished career of more than 24 years at nationally-recognized top 100 accounting firm Baker Newman Noyes (BNN), Managing Principal Dayton Benway has announced his intention to retire from the firm at the end of 2024.
Benway, who has served as managing principal for the past six years, is planning to spend more time with family while he decides on the next chapter of his professional life. Over the next seven months, he will work closely with BNN’s Management Committee to ensure a smooth transition process and work with the next managing principal once they have been identified to set them up for success in their new role.
“I have always believed there is a time and place for every leader,” Benway said. “We never own the role or the seat, we merely hold our leadership positions temporarily and do everything in our power to make things better than how we inherited them. I have always done anything and everything I could to make BNN better for our employees, our clients and our communities. Keeping my own advice in mind, I have decided that my time leading BNN as managing principal should come to an end, and it’s time for the next leader to take the firm forward. The opportunity to serve as managing principal for the last six years has brought me overwhelming pride and joy. I will always be grateful for the opportunity to lead BNN and all we have accomplished together.”
“The entire BNN Management Committee, principal group and community thanks Dayton for his years of exemplary service across multiple roles over the last quarter-century, in particular his employee-centric leadership in helping BNN navigate the COVID pandemic era and beyond,” said BNN Principal Rick Cyr. “We are tremendously grateful to Dayton for his passion and dedication to BNN’s employees, clients and community partners and wish him all the best in this new chapter. We are equally thankful that Dayton will be part of a thoughtful and deliberate transition process to ensure his successor can help guide BNN forward with all the wisdom, insight and expertise Dayton has given to the firm for so long.”
BNN has already begun to implement its leadership transition processes, including a thoughtful and comprehensive search process for its next managing principal, with plans to have the position filled later this year.
Benway joined BNN in 2000 as a staff member in the healthcare consulting practice. Over his tenure, he has helped grow BNN into one of the premiere healthcare advisory groups in the northeast. Before being elected managing principal, he was director of healthcare consulting and sat on the firm’s Management Committee. Before working at BNN, he was a Medicare auditor with the Centers for Medicare and Medicaid.