Baker Newman & Noyes, LLC Announces New Managing Principal

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Principal Group Names Charles F. Hahn to Leadership Position.

Ellie Baker is pleased to announce the Principal Group's selection of Charles F. Hahn to be Managing Principal of the firm as of August 1, 2008. Charlie's new position follows his current role as Director of Tax Services; he will continue in his capacity as a member of the firm's Management Committee.

Eleanor Baker, Managing Principal of Baker Newman Noyes (BNN) since 2003, will return to a full-time role in serving the firm's tax clients. She also plans to spend her time nurturing the next generation of leaders of the firm.

Under Ellie's leadership, the firm has experienced significant growth in client development, staff recruiting, and overall relationship building. She directed a move and expansion of the firm's offices in downtown Portland, ME and an expansion in Manchester, NH. Ellie also spearheaded a major re-branding of the company.

"For 18 years I have had the distinct privilege to serve our enterprise in leadership positions starting as the Tax Partner in Charge of the KPMG Portland office, then with the creation of BNN as Vice Chairman and Director of Tax and for the last 5 years as the Managing Principal. Although the experience has been extraordinary, it is time to pass the leadership torch to our next generation. I am excited to return to what I enjoy most; serving clients, mentoring our future and being involved in the community. Charlie has demonstrated his considerable skills in leading the tax practice and as a member of the Management Committee. I have every confidence that his ability will lead BNN to continued prosperity and growth for many years to come."

Charlie Hahn has been with BNN since the firm was founded in 1995, having begun his career with Ernst & Young, one of BNN's predecessor companies, in 1985. He earned a Bachelor of Science Degree and a Masters Degree in Taxation from Bryant University in Smithfield, RI. In addition to leading BNN's Tax Division as its Director, he specializes in advising publicly held and international companies, multi-state businesses, closely held corporations and shareholders. Charlie and his wife Barbara live in Falmouth, ME and have two college-age daughters.

Charlie assumes the Managing Principal role as the firm embarks on a strategic planning process that will ensure its future growth and success.

"Ellie's leadership and vision have been critical to the success of BNN and our position as the leading accounting firm in northern New England. The firm has grown significantly over the last five years through Ellie's focus on our people, unparalleled client service and continuous improvement of our service approach. I very much appreciate everything Ellie has accomplished and I look forward to implementing our strategic vision in the years to come."

Michael F. Stillings, Tax Principal, will replace Charlie as the Director of Tax Services.

About Baker Newman Noyes:
Baker Newman Noyes is a regional professional services firm with offices in Portland, Maine and Manchester and Portsmouth, New Hampshire. We offer comprehensive Accounting, Tax and Audit services as well as Healthcare Management and Information Technology Consulting to businesses and individuals in the Northeastern United States.

We serve a variety of clients including healthcare providers, financial service companies, public sector entities, not-for-profit organizations, manufacturers and distributors and high wealth individuals and families.

For more information, visit http://www.bnncpa.com or call 1 800.244.7444.

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Perry St Louis
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