Baker Newman & Noyes, LLC Announces New Managing Principal for its Manchester, New Hampshire Office

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Principal Group Names Karl A. Heafield to Leadership Position

Manchester, New Hampshire - Charles F. Hahn, Managing Principal of Baker Newman Noyes, is pleased to announce the principal group's selection of Karl Heafield to be the Managing Principal of the firm's Manchester, New Hampshire office as of February 1, 2009.

Joseph A. Lovejoy, Managing Principal of the New Hampshire office since 1999, will assume a business development role in the firm and continue representing the firm in his numerous community service positions. He will also spend time developing the next generation of leaders of the firm.

Joe has been with BNN and our predecessor firms for nearly 40 years. Under Joe's leadership the Manchester, NH office expanded from three people in 1999 to over 40 today. This increase reflects our significant client growth and relationship development. Joe cultivated an excellent and cohesive team of professionals, and has devoted himself to community service throughout the region.

"I am delighted the Principal Group has chosen Karl to be the next leader of our Manchester office. I look forward to working with him and all of the Manchester professionals, to continue the firm's success in New Hampshire as well as spending more time helping develop the careers of our leaders of tomorrow."

Karl Heafield joined Baker Newman Noyes in 2004 after working for many years with a large international firm in Boston. Karl earned a Bachelor of Science Degree in Accountancy and a Master of Science in Taxation from Bentley University in Waltham, MA. He is also a graduate of the Greater Manchester (NH) Chamber of Commerce Leadership Program. Karl is a principal in the firm's Tax Division and will continue to serve his clients in the areas of corporate tax planning and compliance, mergers and acquisitions, FAS109 and FIN 48.

Karl is very active in the accounting profession in NH. He is also involved in community service - demonstrating the values that make our firm strong. Karl and his family live in New Boston.

Karl assumes this leadership role at a time when the firm is defining our strategy for the future to ensure continued growth and success. This includes a strong focus on the New Hampshire market.

About his new role, Karl said: "I am very excited about this opportunity and I look forward to serving the principals and employees of the firm in order to continue providing excellent service to our clients and opportunities for our people."

About Baker Newman Noyes
Baker Newman Noyes is a regional professional services firm with offices in Manchester and Portsmouth, New Hampshire, and Portland, Maine. We offer comprehensive accounting, audit and tax services as well as a line of consulting services to improve business efficiency and improve profitability, including Information Technology and Healthcare Management Consulting.

We serve a variety of clients in the northeastern United States including healthcare providers, financial service companies, not-for-profit organizations, manufacturers and distributors and high wealth individuals and families.

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

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