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The SEC appointed Demetrios (Jim) Logothetis, a retired EY partner, as Chairman of the Public Company Accounting Oversight Board (PCAOB). George Botic will remain as Acting Chairman until Mr. Logothetis is sworn in and will continue as a Board member. Additionally, the SEC appointed the following new Board members:
Mark Calabria – Associate Director and Chief Statistician with the Office of Management and Budget and a Senior Advisor to the Office of the Director of the Consumer Financial Protection Bureau
Kyle Hauptman – Chairman of the National Credit Union Administration
Steven Laughton – Previous Board Counsel to former PCAOB Board Member Christina Ho