Financial Accounting Foundation Appoints Marc Siegel to FASB

Robert Denham, chairman of the Financial Accounting Foundation (FAF), has announced that the FAF Board of Trustees has appointed Marc A. Siegel to the Financial Accounting Standards Board (FASB). Prior to his appointment, Siegel led the accounting research and analysis team at the RiskMetrics Group in Rockville, Maryland. Siegel is an expert in forensic accounting and has 17 years of experience in diverse and global industries that include technology, media, telecommunications, healthcare, retail, and insurance. He succeeds George J. Batavick, former comptroller of Texaco, whose term ended on 30 June 2008, but was briefly extended to enable the FAF to conclude its candidate search for the Board seat. Siegel was appointed to the FASB Investor Technical Advisory Committee (ITAC) in January 2007. His new term becomes on 20 October 2008 and extends until 30 June 2013.

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