Retired President and Chief Executive Officer
Jeffrey J. Diermeier was appointed chairman of the Financial Accounting Foundation (FAF) Board of Trustees in October 2012. The FAF is responsible for the oversight of the Financial Accounting Standards Board (FASB) and the Governmental Accounting Standards Board (GASB).
In his role as FAF chairman, Mr. Diermeier focuses primarily on strategic initiatives, provides vision and leadership to the Board of Trustees in achieving the FAF’s oversight activities, consults regularly with the FASB and GASB chairs, and works closely with the FAF president.
Retired Chairman and Chief Executive Officer
Jennison Associates LLC
Dennis Kass joined Jennison Associates in January 2003. He served as the firm’s chairman and chief executive officer until January 2012, and was its non-executive chairman of the board until January 2013. Before joining Jennison, he spent 13 years at JP Morgan Fleming Asset Management, where he last held the positions of vice chairman and chief fiduciary officer. Prior to joining JP Morgan in 1990, he was a vice president in the investment banking division of Goldman Sachs.
Mr. Kass is vice chairman of the Financial Accounting Foundation (FAF) Board of Trustees, originally appointed to the Board in February 2009. He is a member of the FAF’s Finance and Compensation and Executive committees.
Retired Georgia State Treasurer
W. Daniel Ebersole was appointed to the Financial Accounting Foundation Board of Trustees in January 2012, and serves on the Finance and Compensation and Standard-Setting Process Oversight Committees. He is also an ex officio member of the Appointments and Evaluations Committee when Governmental Accounting Standards Board (GASB) appointments are being considered.
Prior to joining the Board of Trustees, Mr. Ebersole enjoyed a distinguished 30-year career with the state of Georgia, where he served in a number of leadership positions. Prior to his most recent position as senior advisor to the lieutenant governor, he was the state treasurer, where he was responsible for the receipt, investment, accounting, and disbursement of state general, trust and custodial funds, and certain federal funds.
John J. Brennan has been a member of the Financial Accounting Foundation (FAF) Board of Trustees since 2009. He is chairman emeritus and senior advisor of The Vanguard Group, Inc., one of the world’s largest investment companies.
As a member of the FAF Board of Trustees, Mr. Brennan chairs its Appointments and Evaluations Committee, and serves on its Executive and Standard-Setting Process Committees. From February 2009 to October 2012, Mr. Brennan served as FAF chairman, responsible for the oversight of the Financial Accounting Standards Board (FASB) and the Governmental Accounting Standards Board (GASB).
Retired Executive Vice President—Mergers and Acquisitions
and Chief Administrative Officer
Paul G. Camell is retired executive vice president, Mergers and Acquisitions, and chief administrative officer of CDM Smith, a full-service consulting, engineering, construction, and operations firm that provides lasting and integrated solutions in water, environment, transportation, energy, and facilities to public and private clients worldwide. From 1972 until his retirement in 2013, he led CDM Smith’s mergers and acquisitions, participating in more than 60 completed transactions worldwide. Mr. Camell also had responsibility for the executive leadership of the corporate departments for facilities, finance, accounting, tax and treasury, human resources, and information technology.
Mr. Camell currently serves on the FAF Appointments and Evaluations and Private Company Review Committees.
Managing Director, Finance & Administration
City of Farmers Branch
Charles Cox, managing director of finance and administration for the city of Farmers Branch, Texas, has 26 years of government finance experience. He has been with the city of Farmers Branch for 20 years.
Mr. Cox played a key role in helping Farmers Branch achieve finalist status for the Innovations in American Government Award sponsored by Harvard University’s Kennedy School of Government. In 2001, Mr. Cox was given the Award of Excellence in Budgeting and Financial Reporting by the Government Finance Officers Association (GFOA) of the United States and Canada for the city’s innovative tax dividend program. Mr. Cox serves on its Finance and Compensation and Audit and Compliance Committees. He is also an ex officio member of the Appointments and Evaluations Committee when GASB appointments are being considered.
Retired Senior Vice President, Controller and Chief Accounting Officer
Carol Anthony (John) Davidson is retired senior vice president, controller, and chief accounting officer of Tyco International, where he was responsible for overseeing financial reporting, internal controls, and accounting policy across Tyco’s global operations.
Mr. Davidson joined the Financial Accounting Foundation (FAF) Board of Trustees in January 2011. In this role, he chairs the FAF Audit and Compliance Committee, co-chairs the Standard-Setting Process Oversight Committee, and serves on the Executive Committee.
Prior to joining Tyco in January 2004, Mr. Davidson served as vice president, audit, risk and compliance for Dell Inc.
Covington & Burling LLP
John C. Dugan, formerly comptroller of the currency from 2005 to 2010, is a partner in Covington & Burling LLP’s Washington, DC office and chairs the firm’s Financial Institutions Group. He advises financial institution clients on a range of legal matters affected by significantly increased regulatory requirements resulting from the financial crisis, including implementation of the Dodd-Frank Act; mergers, acquisitions, and investments; litigation, enforcement, and investigations; and international financial regulation. Mr. Dugan joined the FAF Board of Trustees in January 2013, and serves on the FAF’s Standard-Setting Process Oversight Committee.
Government Financial Management Consultant
Cynthia Pendleton Eisenhauer completed 34 years in public service in January 2007, most recently as chief of staff for Iowa Governor Tom Vilsack and Lt. Governor Sally Pederson. She has served in the Cabinets of both Republican and Democratic governors and worked in state, county and city governments.
Ms. Eisenhauer joined the FAF Board of Trustees in 2009, filling a seat designated for a governmental trustee. She co-chairs the FAF’s Standard-Setting Process Oversight Committee and serves on the Executive and Appointments and Evaluations Committees.
Americas Managing Partner
Ernst & Young
Stephen R. Howe, Jr. is Americas managing partner of Ernst & Young and managing partner of the U.S. Firm, Ernst & Young LLP. Mr. Howe is a member of the Americas Executive Board and Global Executive Board. He has been with the firm for over 30 years. Mr. Howe has served as audit partner for various global financial institution clients and senior advisory partner on many of the firm’s largest clients, including UBS, Morgan Stanley, Walmart, Koch Industries, Warburg Pincus, Aon, Nasdaq, Fidelity, Nielsen, General Motors, Apple, Invesco, and Citigroup. Mr. Howe joined the Board of Trustees in January 2011, and serves on the Audit and Compliance Committee.
Mack Lawhon, CPA, is chairman of the Board of Partners for Weaver, LLP, one of the largest independent accounting firms in the Southwest. Mr. Lawhon has more than four decades of public practice experience in client service, firm management, firm leadership, and practice growth. Mr. Lawhon joined the Board of Trustees of the Financial Accounting Foundation in January 2011, and serves on the Appointments and Evaluations Committee and chairs the Private Company Review Committee.
Kraft Foods Group
As P&G’s senior vice president and treasurer, Teri List-Stoll lead the Global Treasury, Acquisition & Divestiture, Investor Relations, and External Business Development organizations.
Ms. List-Stoll is an 18-year veteran of P&G, with diverse finance and accounting experience across a range of P&G corporate and global business. She joined P&G in 1994 as a director of corporate accounting and has worked extensively in the company’s corporate finance and accounting areas as well as finance roles in the company’s household care businesses. Ms. List-Stoll joined the FAF Board of Trustees in January 2013, and serves on the Appointments and Evaluations Committee.
Chief Executive Officer
Grant Thornton International
Edward E. Nusbaum was named Chief Executive Officer of Grant Thornton International Ltd, effective Jan. 1, 2010. Currently, Ed is chief executive officer and executive partner of Grant Thornton LLP, the U.S. member firm of Grant Thornton International Ltd. Mr. Nusbaum joined the Board of Trustees in August 2009, and serves on the FAF’s Appointments and Evaluations and Audit and Compliance Committees.
Mr. Nusbaum has spent more than 30 years with Grant Thornton serving clients, assuming leadership positions and helping to shape the accounting profession. Ed is chairman of the Grant Thornton International Ltd Board of Governors. He is also an appointed member of the U.S. firm’s Partnership Board and leads both the National and Senior Leadership Teams.
Senior Managing Director
Ann Marie Petach is Senior Managing Director of BlackRock Solutions. Prior to joining the BlackRock Solutions group, she was the chief financial officer of BlackRock. Ms. Petach joined the FAF Board of Trustees in October 2012, and serves on its Finance and Compensation and Private Company Review Committees.
Prior to joining BlackRock in 2007, Ms. Petach was vice president, treasurer at the Ford Motor Company. She began her career in 1984 at Ford, where her responsibilities were global and included pension asset management, actuarial studies, banking, funding for Ford and Ford Credit, and risk management.
Head of Investment Management
William Blair & Company
Michelle Seitz is chief executive officer of William Blair Investment Management. In this role, she is a member of William Blair & Company’s executive committee and leads William Blair Investment Management, the money management operation of William Blair & Company, consisting of the institutional, mutual fund, and private wealth management businesses. She is directly responsible for William Blair’s largest business, managing over $48 billion in assets. Ms. Seitz joined the Board of Trustees in January 2012, and serves on the Finance and Compensation and Private Company Review Committees.
Ms. Seitz serves as the chairman of the board and president for the William Blair Funds, offering 25 open-end mutual funds in the areas of international and global equity, U.S. equity, multi-asset, U.S. fixed income, and cash management. William Blair also acts as advisor to six offshore funds.
George E. Bates Professor
Harvard Business School
Luis M. Viceira is the George E. Bates Professor at the Harvard Business School, where he teaches in the areas of investment management and capital markets to both graduate students and practitioners. He holds a bachelor’s degree from the Universidad Autonoma in Madrid, and an MA degree and a PhD degree from Harvard University. Professor Viceira has been a member of the faculty of the Harvard Business School since 1998. Mr. Viceira joined the Board of Trustees in August 2009, and chairs its Finance and Compensation committee. He also is a member of the FAF Executive and Standard-Setting Process Oversight committees.
Professor Viceira’s research studies the design of asset allocation strategies for long-term investors, both individuals and institutions, and the management and organization of large institutional investors, including pension funds, endowments, and large asset managers such as mutual fund companies.
PwC Professor in Accounting and Chair, Department of Accounting and
University of Wisconsin, Madison
Dr. Terry D. Warfield is a PwC Professor in Accounting and chair of the Department of Accounting and Information Systems at the University of Wisconsin, Madison, where he focuses his research on accounting standards and disclosure policies, including the effects of accounting information and disclosures on securities markets.
Dr. Warfield served as a member of the Financial Accounting Standards Advisory Council (FASAC), the principal advisory body to the Financial Accounting Standards Board. He has been a member of the FASB’s Financial Accounting Standards Research Initiative Advisory Board, a group that facilitates outreach to the academic community on issues related to the FASB agenda. He joined the Board of Trustees in May 2013.