Golden reappointed chairman of FASB; PCC gets new members
Marsha Hunt and Harold Monk were appointed to FASB by the Financial Accounting Foundation (FAF), which also reappointed Russell Golden to a second three–year term as FASB’s chairman and named four new members to the Private Company Council (PCC).
Hunt is vice president—corporate controller at publicly traded manufacturer Cummins Inc. She is a CPA serving on FASB’s Financial Accounting Standards Advisory Council. She succeeds Larry Smith.
Monk also is a CPA and has served as chairman of the AICPA Auditing Standards Board and the AICPA Private Companies Practice Section, and as a member of the AICPA board of directors. He co–founded the firm Davis, Monk & Co., which merged with Carr, Riggs & Ingram LLC. He will succeed Daryl Buck and will be the board’s PCC liaison.
Golden has led the board since 2013 as it has issued new standards on revenue recognition, leases, credit losses, and not–for–profit financial reporting.
The PCC’s new members are Beth van Bladel, director of CFO for Hire LLC; David Hirsch, vice president, finance, at Pritzker Group Private Capital; Richard Reisig, shareholder and technical director, attest services, at Anderson ZurMuehlen & Co. PC; and Yan Zhang, partner at EisnerAmper LLP.
They replace George Beckwith, Thomas Groskopf, and Carleton Olmanson, whose terms are ending, and Monk, who is departing for FASB.
Bricker gets SEC post
Wesley Bricker, a CPA and former PwC partner who has a law degree and is a member of the New York State Bar Association, was named chief accountant by the SEC.
Bricker had served as interim chief accountant since July while James Schnurr was recovering from a serious bicycle crash. Schnurr, who began his tenure as chief accountant in October 2014, is retiring, the SEC announced.
Bricker rejoined the SEC in 2015 from PwC, where he was responsible for audit engagements in the banking, financial technology, and investment management sectors. He served as a professional accounting fellow at the SEC from 2009 to 2011.
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