MEDIA ADVISORY 06/02/08
FASB ANNOUNCES CHANGES IN STAFF LEADERSHIPJune 2, 2008, Norwalk, CT—FASB Chairman Robert Herz announced several important staff leadership changes made as part of the organization’s ongoing commitment to efficiently balance its resources with key organizational challenges ahead.
- Russ Golden, formerly FASB Director of Technical Application & Implementation Activities, is the Technical Director with overall responsibility for staff work on all standards-level projects, including both major projects and TA&I activities. Russ will continue to chair the EITF. Kevin Stoklosa and Peter Proestakes will support Russ in the newly created Assistant Director roles. Danielle Zeyher will assist Russ on "people" and communication matters, in addition to her regular project manager responsibilities.
- Ron Lott, formerly a Senior Technical Advisor for the FASB, is assuming the newly created position of Research Director. He has overall responsibility for the Conceptual Framework project and for research activities, including FASB’s new Financial Accounting Standards Research Initiative.
- Sue Bielstein, formerly the FASB Director of Major Projects and Technical Activities, is the Director of Planning and Support. Her responsibilities include planning and process matters, budgets and special projects. In her new role, Sue will help implement process changes that may result from the recommendations of the SEC Advisory Committee on Improving Financial Reporting and from enhanced oversight by the Trustees. She also will help the continued implementation of the understandability initiative.