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By PBN Staff
By PBN Staff
(Updated, 2:17 p.m.)
PROVIDENCE – Kahn, Litwin, Renza & Co. Ltd. has announced that Lawrence I. Kahn, managing director and president of the accounting and business-consulting firm, will retire effective May 31.
Kahn, who will turn 65 in May, will remain on as chairman emeritus and as a consultant to the firm, KLR said in a news release announcing his retirement. Kahn will also leave his position as a board member of the Leading Edge Alliance, an international association of accounting, financial and business-advisory companies, of which KLR is a founding member.
“It is a bittersweet moment in time,” said Kahn, as he prepares to leave the firm he has headed since its founding in 1975. “We were under $1 million in revenue when Alan Litwin and I teamed up in 1983, and here I am leaving a $35 million revenue firm, 95th largest firm in the [country] and 3rd largest regional firm in New England.”
Kahn expressed his confidence in the firm’s shareholders and leadership going forward. Alan H. Litwin, managing director, will succeed Kahn as president of the firm, according to KLR spokeswoman June Landry.
Kahn earned a bachelor’s degree in accounting from the University of Rhode Island and a master’s degree in taxation from Bentley College in Waltham, Mass. He is a current member of the Greater Boston Chamber of Commerce Financial Services Committee, the Entrepreneurship Institute, the Boston College CEO Club, the Rhode Island Estate Planning Council, and other local business and professional groups.