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Midsize Texas Firm Kane Russell Takes Another Step Toward Second-Generation Leadership With New CFO
Midsize Texas firm Kane Russell Coleman Logan's move to second-generation leadership is moving closer to fruition as founding director Raymond Kane serves what he expects to be his last term as chair before having a board comprised solely of practice leaders.
December 02, 2024 at 05:35 PM
3 minute read
What You Need to Know
- Kane Russell Coleman Logan continues on its path to second-generation leadership.
- Founding director Raymond Kane is serving as chair through the end of 2025, when plans call for moving to a board of practice group leaders.
- The firm hired a new CFO in October and a new COO last year as it focuses on streamlining its processes and systems.
As Texas midsize firm Kane Russell Coleman Logan finishes up a move to second-generation leadership under its legacy planning, founding director Raymond Kane has returned as chair through 2025 to act as the "board conduit" for the firm's C-suite leaders, including a new chief financial officer, as the firm adjusts to a new accounting software system.
"I'll be out for good after next year and then we will have a 100% nonfounding board, and probably will be migrating to a practice group leader board," said Kane, who has served several stints as chair since the firm was founded in 1992.
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