Daryl E. Buck, Board Member

Daryl E. Buck was named to the Financial Accounting Standards Board (FASB) by the Financial Accounting Foundation (FAF) effective February 28, 2011. His appointment was part of the Board’s expansion from five to seven members.

Mr. Buck brings a strong private company financial reporting perspective to the FASB. Prior to joining the Board, he spent eighteen years as Senior Vice President & Chief Financial Officer of Reasor’s Holding Company, a privately-owned retail grocery company. In addition to leading the company’s financial, tax, and treasury functions, he advised senior management and the Board of Directors about the financial and tax implications of strategic opportunities and acquisitions, playing a key role in setting its strategic direction.

From 1984–1992, Mr. Buck was an audit manager with the Houston and Oklahoma City offices of Arthur Andersen & Co. In this role, he planned, organized, and executed audit engagements for a variety of publicly-held energy industry clients, including the domestic exploration and production division of a major international oil and gas company. His non-energy industry clients represented a number of diverse industries, including banking, marine transportation, savings and loan, wholesale distribution, employee benefit plans, and not-for-profit organizations.

In 2010, Mr. Buck served on the Blue-Ribbon Panel on Standard-Setting for Private Companies, a joint committee of the FAF, the American Institute of Certified Public Accountants (AICPA), and the National Association of State Boards of Accountancy (NASBA). A former member of the Board of Directors of Financial Executives International (FEI), he served four years on its committee on private company standards, to which he was named committee chair in 2010. He was also a founding member of the FASB/AICPA Private Company Financial Reporting Committee, serving from 2007 to 2009.

A CPA, Mr. Buck is a member of the AICPA. He graduated summa cum laude with a B.S. in accounting from Southeastern Oklahoma State University in Durant, Oklahoma.