The Financial Accounting Foundation (FAF) elected GASB Chairman Robert Attmore to a second five-year term. The FAF also appointed Michael Belsky, mayor of Highland Park, Ill., and most recently a senior executive at Fitch Ratings in Chicago, to GASB. GASB is the independent, nonprofit accounting and financial reporting standard setter for state and local governments.
Before his appointment as GASB chairman in 2004, Attmore had worked for New York state for 23 years, including as deputy state controller from 1986 to 2003. His new term begins July 1.
Belsky has been mayor of Highland Park since 2003. He has also worked in senior management with Fitch Ratings for the past 15 years. Belsky is one of six part-time members on the seven-member board. His term began Dec. 31 and runs until June 30, 2013.
The FAF reappointed W. Daniel Ebersole to a two-year term as chairman of the Governmental Accounting Standards Advisory Council (GASAC). The FAF also appointed seven new members to GASAC and reappointed three others, all to two-year terms. The new terms began Jan. 1.
GASAC is a 30-member advisory group that comprises public-sector financial statement preparers, auditors and users of government financial reports. The panel provides input to GASB.
The seven appointees to GASAC are:Lisa Blumerman, chief, Governments Division, U.S. Census Bureau, representing the U.S. Census Bureau.
Shirley Broz, executive director of finance, Rockwood School District, Eureka, Mo., representing the Association of School Business Officials International.
Cline Comer, partner, Larson Allen LLP, representing the Healthcare Financial Management Association.
Karl Jacob, senior director, Public Finance, Standard & Poor’s, representing bond raters.
Terrill Menzel, partner, KPMG LLP, representing the AICPA.
John Overdorff, shareholder, Greenberg Traurig LLP, representing the National Association of Bond Lawyers.
Steven Thompson, city manager, Marco Island, Fla., representing the International City/County Management Association.
The three members the FAF reappointed are:
Debra Davenport, auditor general, state of Arizona, representing the National Association of State Auditors, Comptrollers and Treasurers.
Michael Zaroogian, investment officer, State Farm Insurance, representing insurance industry investors.