The Public Oversight Board (POB) of the SEC practice section of the AICPA division for CPA firms (SECPS) named Paul H. O’Neill to the board. O’Neill is chairman of Alcoa, Inc., a post from which he will retire in December 2000.
Charles A. Bowsher, chairman of the POB, told the JofA, “The main thing Paul brings us is his extensive experience as a senior executive in the private sector.”
Before joining Alcoa, O’Neill was CFO of International Paper Company, and, prior to that, he was deputy director of the U.S. Office of Management and Budget.
“Paul also understands the government and Congress very well,” Bowsher said. “He’s a major addition to our team and we’re very pleased to have him on board.”
The POB is an autonomous body consisting of five members. It was established to oversee the self-regulatory programs of the SECPS.