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Dec 062024
 

D&K is pleased to announce that John Baumann has been named Chairman of the DuBois & King Board of Directors. This appointment is the culmination of John’s distinguished 43-year tenure at D&K.

John has served as a senior managing partner and D&K’s vice president and chief financial officer for more than two decades. As a teenager, John worked at D&K part-time cleaning the water quality laboratory and producing blueprints. In May 1989, following graduation from Norwich University with Bachelors of Science in economics and business administration, John joined D&K full time as a staff accountant. Within five years, he was promoted to controller, at that time, the senior-most financial position in the company.

In 2005, following significant investment in D&K, John was elected to the Board of Directors, and in 2008, he was elevated to chief financial officer of DuBois & King, just in time for the arrival of the great recession. As a principal and as CFO, he played a key role in guiding the company through the recession, meeting commitments to the firm’s creditors while protecting jobs. Although many companies endured several rounds of layoffs as they fought to survive the recession, John’s meticulous and strategic leadership—in concert with that of his fellow principals—ensured DuBois & King did not lay off a single employee during the financial downturn.

John’s leadership has been instrumental in D&K’s steady growth and success. When John and his partners assumed control of the company in 2008, the firm employed 64 people and operated in three offices in two states. Despite navigating the recession followed by the Covid-19 pandemic in 2020, D&K now has more than 160 staff around nine offices in four states.

John was elected as Vice Chair of the Board of Directors in 2016. Over the last two decades, he has steadfastly focused on retiring DuBois & King’s debt burden while balancing the cash flow demands placed on a company bound to invest in sustainable growth and remain locally owned.

John’s successful financial strategies and ethical leadership have not gone unrecognized outside of D&K. In November 2024, the White River Valley Chamber of Commerce named John as the Business Executive of the Year for 2024. His selection for this honor was based on his professional success and exemplary contributions to D&K’s growth, vitality, financial health, success, and sustainability.

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