Leslie F. Seidman was named FASB chairman on Dec. 23. She had been acting chairman since the retirement of Robert Herz on Sept. 30 and has been a FASB member since 2003.
The SEC appointed James Doty PCAOB chairman and named Jay Hanson and Lewis Ferguson members of the board. Doty is a Washington-based securities lawyer and a former SEC general counsel. Ferguson, also a Washington securities lawyer, served for more than three years as the PCAOB’s first general counsel. Hanson is a partner and the national director of accounting at McGladrey & Pullen LLP in Bloomington, Minn., with responsibility for leading the firm’s accounting standards group. He is chair of the AICPA’s Financial Reporting Executive Committee and a member of FASB’s Emerging Issues Task Force.
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