Financial Accounting Foundation

RYAM Elects Bryan D. Yokley to the Board of Directors

Retrieved on: 
Monday, October 2, 2023
Packaging, Chemicals, Plastics, Other Manufacturing, Manufacturing, Central Region, Yokley, University, EY, Risk management, NYSE, M&A, Zoo Atlanta, Financial accounting, CFO, Boys & Girls Clubs of America, Financial Accounting Foundation, H5 (US company), Management

Rayonier Advanced Materials Inc. (NYSE: RYAM) (the “Company”) announced today that Bryan D. Yokley has been elected to its Board of Directors, effective October 1, 2023.

Key Points: 
  • Rayonier Advanced Materials Inc. (NYSE: RYAM) (the “Company”) announced today that Bryan D. Yokley has been elected to its Board of Directors, effective October 1, 2023.
  • “We are pleased to welcome Bryan to our Board of Directors and look forward to the benefit of his insight, experience and expertise,” stated Lisa M. Palumbo, Non-Executive Chair of the Company's Board of Directors.
  • He also served on EY’s governing board for two terms and was the market leader for Alabama, Georgia and Tennessee and the Central Region Cyber leader.
  • He received EY’s highest award, Global Chairman’s Value Award, recognizing integrity, inclusive leadership, commitment to EY’s values and the cultivation of future leaders (2011).

Financial Accounting Foundation Appoints Baker Tilly's Jere Shawver as Chair of Private Company Council

Retrieved on: 
Thursday, May 18, 2023
Consulting, Accounting, Professional Services, Finance, LLP, Risk, General counsel, Education, Risk management, Financial Accounting Standards Board, Trustee, AICPA, Partner, CPA, Financial Accounting Foundation, Auditing Standards Board, FASB, Property management

Leading advisory CPA firm Baker Tilly US, LLP (Baker Tilly) announces Jere Shawver , Managing Partner - Assurance and Risk, has been appointed by the trustees of the Financial Accounting Foundation to a three-year term as chair of the Private Company Council , beginning January 1, 2024.

Key Points: 
  • Leading advisory CPA firm Baker Tilly US, LLP (Baker Tilly) announces Jere Shawver , Managing Partner - Assurance and Risk, has been appointed by the trustees of the Financial Accounting Foundation to a three-year term as chair of the Private Company Council , beginning January 1, 2024.
  • The Private Company Council advises the Financial Accounting Standards Board (FASB) on accounting standards that affect private companies.
  • As Chair, Shawver will coordinate with the other council members to provide input to the FASB on proposed accounting standards and to identify and recommend potential changes to existing accounting standards.
  • "I am honored to have been appointed as the chair of the Private Company Council," said Shawver.

Aon Appoints Sarah E. Smith to Board of Directors

Retrieved on: 
Wednesday, April 12, 2023
GASB, Governmental Accounting Standards Board, University of London, Goldman Sachs, AON, Face, South African Institute of Chartered Accountants, Audit, Bolam v Friern Hospital Management Committee, Via Transportation, Governmental accounting, Smith, Financial Accounting Standards Board, Metropolitan Opera National Council Auditions, Aon, Transport, Finance, Bristol Myers Squibb, Organization, Aon (company), Retirement, City, Trustee, Financial Accounting Foundation, KPMG, Aon Hewitt, Environment, NYSE, FASB, Management, Security (finance)

DUBLIN, April 12, 2023 /PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional services firm, today announced that Sarah E. Smith, a former member of the Management Committee of The Goldman Sachs Group, Inc., has been appointed to its Board of Directors, effective April 15, 2023.

Key Points: 
  • DUBLIN, April 12, 2023 /PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional services firm, today announced that Sarah E. Smith, a former member of the Management Committee of The Goldman Sachs Group, Inc., has been appointed to its Board of Directors, effective April 15, 2023.
  • "We are pleased to welcome Sarah to Aon's Board of Directors," said Lester B. Knight, chair of Aon's board.
  • Smith is a member of the Board of Trustees of the Financial Accounting Foundation, the parent organization of the Financial Accounting Standards Board (FASB) and the Governmental Accounting Standards Board (GASB) since September 2020.
  • For more information about Aon's corporate governance practices and Board of Directors, please click here .

Essential Utilities Announces Appointment of W. Bryan Lewis to Board of Directors

Retrieved on: 
Tuesday, November 1, 2022
Utilities, Energy, Aqua, University of Maryland, College Park, Growth, Financial Accounting Foundation, Life, Board of directors, CEO, Pennsylvania State University, Steel, MBA, Leadership, Water, Policy, WTRG, Board, NYSE, Risk, Essential Utilities, Essential, Economics, University, Multimedia, Public finance, Natural gas, Quality of life, SERS, Management, U.S. Steel

Essential Utilities Inc. (NYSE: WTRG) announces the appointment of W. Bryan Lewis to the Essential board of directors.

Key Points: 
  • Essential Utilities Inc. (NYSE: WTRG) announces the appointment of W. Bryan Lewis to the Essential board of directors.
  • Lewis will serve as a member of the following board committees: audit and risk mitigation and investment policy.
  • View the full release here: https://www.businesswire.com/news/home/20221101005980/en/
    Essential Utilities Announces Appointment of Bryan Lewis to Board of Directors (Photo: Business Wire)
    Lewis is the vice president and chief investment officer for the United States Steel Corporation, where he is responsible for the companys global investments for both the defined contribution and defined benefit plans, as well as other related programs.
  • Bryans extensive background in leading multibillion-dollar investments and public pensions is invaluable to the future growth of Essential Utilities, said Essential Chairman and CEO Christopher H. Franklin.

Flood Appointed to First Citizens BancShares Board of Directors, Heavner Retires

Retrieved on: 
Friday, October 28, 2022
Janus, First Citizens BancShares, University, Harvard University, Economics, Business, Research Corporation, Infection, Thought, Morgan Stanley, Flood, Financial Accounting Foundation, TIAA, Research, Global Health, Retirement, First Citizens Bank of South Carolina, Trustee, Board, John Heavner, Foundation, CIT, Bank, GLOBE, Stanford Graduate School of Education, University of North Carolina at Chapel Hill, Massachusetts Institute of Technology, Stanford Graduate School of Business, Institute, Citizenship, Science, Pension fund, Management

RALEIGH, N.C., Oct. 28, 2022 (GLOBE NEWSWIRE) -- Eugene Flood Jr. has been appointed to the Board of Directors of First Citizens BancShares (BancShares) and its First-Citizens Bank & Trust Company (First Citizens Bank) subsidiary, effective Jan. 1, 2023.

Key Points: 
  • RALEIGH, N.C., Oct. 28, 2022 (GLOBE NEWSWIRE) -- Eugene Flood Jr. has been appointed to the Board of Directors of First Citizens BancShares (BancShares) and its First-Citizens Bank & Trust Company (First Citizens Bank) subsidiary, effective Jan. 1, 2023.
  • Id like to thank Dan for his many years of dedication and service, said First Citizens Chairman and CEO Frank B.
  • Flood has been appointed to serve as a member of the BancShares risk committee and the trust committee of First Citizens Bank.
  • First Citizens BancShares, Inc. is the financial holding company for First Citizens Bank.

Via Appoints Former Goldman Sachs Chief Accounting Officer to Board of Directors

Retrieved on: 
Wednesday, July 21, 2021
Accounting, Accounting standards, Financial services, Business, Financial Accounting Foundation, Financial Accounting Standards Board, GASB, Governmental Accounting Standards Board, Governmental accounting, Generally Accepted Accounting Principles, Teresa S. Polley

NEW YORK, July 21, 2021 /PRNewswire/ -- Via, the global leader in TransitTech, today announces that Sarah Smith has been appointed as an independent member of its board of directors to chair the Audit Committee. Smith is a former member of the Management Committee of Goldman Sachs where she served as Chief Accounting Officer, Controller, and Chief Compliance Officer.  She also serves as a member of the Board of Trustees of the Financial Accounting Foundation, the parent organization of the Financial Accounting Standards Board (FASB) and the Governmental Accounting Standards Board (GASB), and previously served on the US Treasury Department's Advisory Committee on the Auditing Industry. Smith is a Fellow of the Institute of Chartered Accountants in England and Wales.

Key Points: 
  • Smith is a former member of the Management Committee of Goldman Sachs where she served as Chief Accounting Officer, Controller, and Chief Compliance Officer.
  • She also serves as a member of the Board of Trustees of the Financial Accounting Foundation, the parent organization of the Financial Accounting Standards Board (FASB) and the Governmental Accounting Standards Board (GASB), and previously served on the US Treasury Department's Advisory Committee on the Auditing Industry.
  • "We are absolutely thrilled to welcome Sarah to our Board," said co-founder and CEO Daniel Ramot.
  • "I'm delighted to join the board of a company that has built transformative technology and has such an incredible mission.

Via Appoints Former Goldman Sachs Chief Accounting Officer to Board of Directors

Retrieved on: 
Wednesday, July 21, 2021
Accounting, Accounting standards, Financial services, Business, Financial Accounting Foundation, Financial Accounting Standards Board, GASB, Governmental Accounting Standards Board, Governmental accounting, Generally Accepted Accounting Principles, Teresa S. Polley

Sarah Smith joins board of leading TransitTech company to chair the Audit Committee

Key Points: 
  • Smith is a former member of the Management Committee of Goldman Sachs where she served as Chief Accounting Officer, Controller, and Chief Compliance Officer.
  • She also serves as a member of the Board of Trustees of the Financial Accounting Foundation, the parent organization of the Financial Accounting Standards Board (FASB) and the Governmental Accounting Standards Board (GASB), and previously served on the US Treasury Department's Advisory Committee on the Auditing Industry.
  • "We are absolutely thrilled to welcome Sarah to our Board," said co-founder and CEO Daniel Ramot.
  • "I'm delighted to join the board of a company that has built transformative technology and has such an incredible mission.

Sana Biotechnology Announces Appointments to its Board of Directors

Retrieved on: 
Friday, January 8, 2021
Financial services, Accounting standards, Finance, Financial Accounting Foundation, Governmental Accounting Standards Board, GASB, Financial Accounting Standards Board, Chartered Financial Analyst, Governmental accounting, Accounting

SEATTLE, Jan. 8, 2021 /PRNewswire/ -- Sana Biotechnology, Inc. (Sana), focused on creating and delivering engineered cells as medicines, announced today that Josh Bilenker, M.D., Alise Reicin, M.D., and Michelle Seitz, CFA, have been appointed to the Sana Board of Directors.

Key Points: 
  • SEATTLE, Jan. 8, 2021 /PRNewswire/ -- Sana Biotechnology, Inc. (Sana), focused on creating and delivering engineered cells as medicines, announced today that Josh Bilenker, M.D., Alise Reicin, M.D., and Michelle Seitz, CFA, have been appointed to the Sana Board of Directors.
  • Dr. Bilenker trained at the University of Pennsylvania in internal medicine and medical oncology, earning board certification in these specialties.
  • She is a Chartered Financial Analyst (CFA) and past board member of The Financial Accounting Foundation (FAF), the governance board of the Financial Accounting Standards Board (FASB) and the Governmental Accounting Standards Board (GASB).
  • Sana Biotechnology, Inc. is focused on creating and delivering engineered cells as medicines for patients.

FAF Trustees Appoint Frederick L. Cannon and Reappoint Christine A. Botosan to the Financial Accounting Standards Board

Retrieved on: 
Tuesday, November 17, 2020
Banking, Accounting, Professional services, Finance, Accounting, Accounting standards, Financial services, Business, Financial Accounting Foundation, Financial Accounting Standards Board, Governmental Accounting Standards Board, GASB, Governmental accounting, Generally Accepted Accounting Principles, Teresa S. Polley, the Financial Accounting Foundation, the Financial Accounting Standards Board (FASB)

The Board of Trustees of the Financial Accounting Foundation ( FAF ) today announced the appointment of Frederick (Fred) L. Cannon and the reappointment of Christine A. Botosan to the Financial Accounting Standards Board ( FASB ).

Key Points: 
  • The Board of Trustees of the Financial Accounting Foundation ( FAF ) today announced the appointment of Frederick (Fred) L. Cannon and the reappointment of Christine A. Botosan to the Financial Accounting Standards Board ( FASB ).
  • Ms. Botosan was appointed to her first term on July 1, 2016 and will conclude her service on June 30, 2026.
  • View the full release here: https://www.businesswire.com/news/home/20201117006091/en/
    On behalf of the FAF Board of Trustees, I am pleased that Mr. Cannon will be joining the FASB.
  • Established in 1972, the Financial Accounting Foundation (FAF) is the independent, private-sector, not-for-profit organization based in Norwalk, Connecticut responsible for the oversight, administration, financing, and appointment of the Financial Accounting Standards Board (FASB) and the Governmental Accounting Standards Board (GASB).

Healthcare Financial Management Association Releases Lease Accounting Guidance

Retrieved on: 
Wednesday, June 24, 2020
Economy, Accounting standards, Business, Financial Accounting Standards Board, Healthcare Financial Management Association, GASB, Governmental Accounting Standards Board, Accounting, Financial accounting, Governmental accounting, Generally Accepted Accounting Principles, Financial Accounting Foundation

Washington, D.C., June 24, 2020 (GLOBE NEWSWIRE) -- The Healthcare Financial Management Association (HFMA) has published an issue analysis , Current Issues and Considerations in Accounting for Leases, to clarify certain accounting and reporting issues resulting from the Financial Accounting Standards Board (FASB) Accounting Standards Update 2016-02, Leases (Topic 842), and the Governmental Accounting Standards Board (GASB) Statement No.

Key Points: 
  • Washington, D.C., June 24, 2020 (GLOBE NEWSWIRE) -- The Healthcare Financial Management Association (HFMA) has published an issue analysis , Current Issues and Considerations in Accounting for Leases, to clarify certain accounting and reporting issues resulting from the Financial Accounting Standards Board (FASB) Accounting Standards Update 2016-02, Leases (Topic 842), and the Governmental Accounting Standards Board (GASB) Statement No.
  • Due to the magnitude of lease transactions in healthcare, these accounting guidance changes will have wide-reaching impacts.
  • The Healthcare Financial Management Association (HFMA) is the nation's premier membership organization for healthcare finance leaders.
  • The Association helps healthcare stakeholders achieve optimal results by creating and providing education, analysis, and practical tools and solutions.