Earlier today, the Financial Accounting Foundation announced the appointment of Russell G. Golden to the Financial Accounting Standards Board, effective October 1, 2010. Golden will fill the board member vacancy on the FASB resulting from the retirement of Robert H. Herz on September 30, 2010.
Prior to his appointment as a FASB board member, Golden served as technical director of the FASB. Golden served in various roles at the FASB as a member of the senior staff. Previous to joining the FASB, Golden was a partner at Deloitte & Touche LLP in the National Office Accounting Services department.
As previously announced, Leslie Seidman has been appointed acting chairman of the FASB board effective October 1. Additionally, the FAF will increase the size of the board to seven board members total, from the current number of five. The board historically had seven members since its inception, until a reduction in the size of the board was effected in 2008.
Additional details can be found in the FAF press release, and in this Q&A with FAF Chairman John Brennan About the Board Member Selection Process.
Print this post