24 MAR 2025 / PEOPLE UPDATES

Abdo LLP Names Abigail Smith as Inaugural Chief Financial Officer

- MYCPE ONE Insights Team

Abdo LLP has appointed Abigail (Abby) Smith as its first-ever Chief Financial Officer, marking a significant step in the firm’s leadership evolution amid continued growth and operational complexity. The Edina, Minnesota-based firm, which reported FY23 net revenue of $45.09 million, adds Smith to its executive leadership team as it sharpens its focus on financial oversight and strategic planning.

Smith returns to Abdo with prior experience at the firm, having served three and a half years in its nonprofit division. Her professional journey since then includes serving as director, corporate controller, and treasurer at Intricon Corporation, a manufacturer specializing in sensor-driven micromedical devices. This blend of nonprofit and corporate finance experience positions her well for the responsibilities of the new CFO role.

Managing partner Steve McDonald emphasized the importance of the appointment in light of the firm’s trajectory. “We’re delighted to have Abby back on our team and taking on this new role,” McDonald stated. “Our business has become more complex with increased volume, making the role of the CFO essential. Abby will be a key member of our leadership team, responsible for overseeing all financial operations and contributing to our strategic planning.”

The creation of the CFO position reflects Abdo’s commitment to strengthening its financial infrastructure and aligning leadership with the firm’s expanding operational needs. Smith’s appointment is expected to enhance the firm’s ability to manage growth while maintaining fiscal discipline and supporting long-term business objectives.

Until next time…

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Abdo LLP Names Abigail Smith as Inaugural Chief Financial Officer

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