Fieldman, Rolapp & Associates (FRA), an independent municipal advisory firm that provides advice and services to public agencies, has announced that Adam Bauer has been promoted to chief executive officer. Bauer has served as president of the company for nearly two years and will continue in that capacity. In his expanded role, Bauer will assume the responsibilities of his predecessor, Tom DeMars, who will remain with the firm to advise on strategic initiatives and work with existing clients.
Bauer joined FRA in 2004 with the vision of building the firm’s public school district practice. His efforts successfully increased this area of business for the firm, earning FRA the distinction of being one of the largest school district practices in California.
While Bauer’s promotion to chief executive officer kicks off FRA’s 50th anniversary, a major milestone for the industry, DeMars and Bauer have been working as a management team and transitioning responsibilities for four years. During that time, DeMars strategically improved the firm’s financial position to launch the firm into the next generation of leadership.
Under his leadership, he plans to continue providing a high level of client service, diversify service offerings to municipalities throughout the western United States and expand the firm’s geographical footprint with new office locations. Bauer, who became a partner in 2008, believes the firm’s investment in fostering a culture of ownership in its employees will support recruitment efforts and grow the leadership team to best represent FRA’s highly diverse clientele. “The ownership culture is one of the key aspects in several smooth leadership transitions over the firm’s 50 years and allowed for the consistency in the quality of service the firm provides its clients,” he said.
Source: Fieldman, Rolapp & Associates
