David E. Sundstrom, auditor-controller of Orange County, Calif., is the newest member of the GASB board. The Financial Accounting Foundation (FAF) Board of Trustees appointed Sundstrom to a five-year term on the seven-member board.
Sundstrom’s term began July 1 and runs until June 30, 2014. He succeeds Richard C. Tracy, whose 10 years of service with GASB ended June 30.
Sundstrom joined Orange County as its director of internal audit and helped lead the recovery after the county’s 1995 bankruptcy. He was elected auditor-controller in June 1998. He was university auditor for the California State University System from 1989 to 1996, and was campus audit manager for the University of California-Davis from 1980 to 1989. He is a member of numerous professional and community organizations, including the AICPA, the California State Society of Certified Public Accountants, and the Government Finance Officers Association.