FAF Board of Trustees

Chuck Noski

Charles H. Noski*
Chairman
FAF Board of Trustees

Retired Vice Chairman
Bank of America Corporation

W. Daniel Ebersole

W. Daniel Ebersole
Vice Chair
FAF Board of Trustees

Retired State Treasurer
State of Georgia

Ann Marie Petach

Ann Marie Petach
Secretary and Treasurer
FAF Board of Trustees

Board Member
BlackRock Institutional
Trust Company

Charles M. Allen

Charles M. Allen*
Retired Partner and
Past Chief Executive Officer

Crowe Horwath LLP

Gary H. Bruebaker

Gary H. Bruebaker
Chief Investment Officer
Washington State
Investment Board

Paul G. Camell

Paul G. Camell
Retired Executive Vice President
and Chief Accounting Officer

CDM Smith Inc.

Charles S. Cox

Charles S. Cox
Managing Director
of Finance
and Administration

City of Farmers Branch,
Texas

Christine M. Cumming

Christine M. Cumming*
Retired First Vice President
and Chief Operating Officer

Federal Reserve Bank
of New York

Myra R. Drucker

Myra R. Drucker
Independent Director
Grantham, Mayo,
Van Otterloo & Co.

John C. Dugan

John C. Dugan
Partner
Covington & Burling LLP

Eugene Flood, Jr.

Eugene Flood, Jr.*
Board Member
Janus Capital Group Inc.

Nancy K. Kopp

Nancy K. Kopp
Treasurer
State of Maryland

Kenneth B. Robinson

Kenneth B. Robinson*
Former Chief Audit Executive
and Global Risk and
Compliance Leader

Procter & Gamble (P&G) Company

Diane M. Rubin

Diane M. Rubin*
Retired Audit Partner and
Quality Control Partner

Novogradac & Company LLP

Michelle R. Seitz

Michelle R. Seitz
Head of William Blair
Investment Management

William Blair Investment
Management

Ann M. Spruill

Ann M. Spruill
Partner (Retired)
GMO & Co. LLC

John B. Veihmeyer

John B. Veihmeyer
Chair
KPMG International

Terry D. Warfield

Terry D. Warfield
PwC Professor in Accounting
and Chair, Department
of Accounting and
Information  Systems

University of Wisconsin, Madison

FAF

OFFICERS

Charles H. Noski
Chairman

W. Daniel Ebersole
Vice Chair

Ann Marie Petach
Secretary and Treasurer

Teresa S. Polley
President and Chief Executive Officer

Mary P. Crotty
Chief Operating Officer


Completed Service in 2015

Jeffrey J. Diermeier
Retired President and Chief Executive Officer
CFA Institute

Carol Anthony (John) Davidson
Retired Senior Vice President,
Controller and Chief Accounting Officer

Tyco International

Stephen R. Howe, Jr.
Americas Managing Partner
EY

W.M. (Mack) Lawhon
Chairman
Weaver

TRUSTEE COMMITTEES

Executive

Charles H. Noski, Chair
W. Daniel Ebersole, Vice Chair
Paul G. Camell
Charles S. Cox
Nancy K. Kopp
Michelle R. Seitz
Terry D. Warfield

Appointments & Evaluations

Paul G. Camell, Chair
Charles M. Allen
Christine M. Cumming
Myra R. Drucker
W. Daniel Ebersole
Kenneth B. Robinson
Ann M. Spruill

Audit & Compliance

Charles S. Cox, Chair
Charles M. Allen
Gary H. Bruebaker
Kenneth B. Robinson
John B. Veihmeyer


Finance & Compensation

Michelle R. Seitz, Chair
Gary H. Bruebaker
Charles S. Cox
Christine M. Cumming
Ann Marie Petach
Ann M. Spruill

Standard-Setting Process Oversight

Nancy K. Kopp, Co-Chair
Terry D. Warfield, Co-Chair
Myra R. Drucker
John C. Dugan
W. Daniel Ebersole
Eugene Flood, Jr.
Diane M. Rubin

Private Company Review

Diane M. Rubin, Chair
Paul G. Camell
Eugene Flood, Jr.
Ann Marie Petach
Terry D. Warfield

*New member in 2016


PRIVATE COMPANY COUNCIL (PCC)

PCC Chair

Candace E. Wright*
Director
Postlethwaite & Netterville

FASB Liaison

Daryl E. Buck
Board Member
Financial Accounting Standards Board

PCC Coordinator

Michael K. Cheng
Supervising Project Manager
Financial Accounting Standards Board

 

Members

George W. Beckwith
Vice President and Chief Financial Officer
National Gypsum Company

Steven Brown
Credit Risk Manager and Senior Vice President
US Bank

Jeffery C. Bryan
Partner, Professional Standards Group
Dixon Hughes Goodman LLP

Timothy J. Curt*
Managing Director and Partner
Warburg Pincus LLC

Thomas J. Groskopf
Director and Owner
Barnes, Dennig & Co., LTD

David S. Lomax*
Assistant Vice President and Underwriting Officer
Liberty Mutual Insurance

Harold L. Monk Jr*
Partner
Carr, Riggs & Ingram LLC


Carleton L. Olmanson
Managing Principal
GMB Mezzanine

Lawrence E. Weinstock
Vice President—Finance
Mana Products, Inc.

Completed Service in 2015

Billy M. Atkinson
PCC Chair

Mark Ellis
Chief Financial Officer
BabyGanics, PawGanics,
PetLabs360-KAS Direct LLC

Neville Grusd
President
Merchant Financial Corporation

Diane M. Rubin
Retired Partner
Novogradac & Company LLP

*New member in 2016

EMERGING ISSUES TASK FORCE (EITF)

EITF Chair

Susan M. Cosper
Technical Director
Financial Accounting Standards Board

EITF Coordinator

Mark A. Pollock
Practice Fellow
Financial Accounting Standards Board

Members

John M. Althoff
Partner
PricewaterhouseCoopers LLP

Paul A. Beswick**
Partner
EY

James G. Campbell
Corporate Controller
Alphabet Inc.

Terri Z. Campbell
Senior Managing Director
Liberty Mutual Group Asset Management Inc.

Alexander M. Corl
Chief Financial Officer and Treasurer
The Lee Company

 

Bret Dooley
Managing Director and Director of
Corporate Accounting Policies Group

Corporate Accounting Policies Group
JPMorgan Chase & Co.

Carl Kampel
Director in Charge of Professional Standards
Ellin & Tucker, Chartered

Mark LaMonte
Vice President—Senior Credit Officer, Financial Institutions Group/Accounting Specialist Group
Moody’s Investors Service

Robert B. Malhotra**
Partner
KPMG LLP

Lawrence J. Salva
Senior Vice President, Chief Accounting Officer and Controller
Comcast Corporation

Mark Scoles*
Partner-In-Charge, Accounting Principles
Grant Thornton LLP

Ashwinpaul C. (Tony) Sondhi
President
A.C. Sondhi & Associates, LLC

Robert Uhl
Partner
Deloitte & Touche LLP

Participating Observers

Wesley R. Bricker
Deputy Chief Accountant
U.S. Securities and Exchange Commission

James A. Dolinar (FinREC)
Partner
Crowe Horwath LLP

Thomas J. Groskopf (PCC)
Director and Owner
Barnes, Dennig & Co., LTD

Completed Service in 2015

Mark M. Bielstein
Partner
KPMG LLP

Jackson M. Day
Partner
EY

*New member in 2016
**New member in 2015


FASAC (Financial Accounting Standards Advisory Council)

FASAC Chair

Andrew G. McMaster, Jr.*

FASAC Executive Director

Alicia A. Posta

Members

Kimber Bascom*
Partner
KPMG LLP

Stuart Birdt*
Investment Officer
Interlaken Management, LLC

R. Scott Blackley*
Controller
Capital One

Gary Buesser*
Director
Lazard Asset Management

Colleen K. Conrad
Executive Vice President and
Chief Operating Officer

National Association of State
Boards of Accountancy

Marie T. Gallagher*
Senior Vice President and Controller
PepsiCo, Inc.

Sydney Garmong*
Partner
Crowe Horwath LLP

Sameer Gokhale
Senior Director, Investor Relations
Fifth Third Bancorp

Linda L. Griggs
Partner
Morgan, Lewis and Bockius LLP

Jeffrey Hales*
Catherine W. and Edwin A. Wahlen, Jr.
Professor of Accounting

Georgia Institute of Technology

Michael (Mick) G. Homan
Vice President, Finance and Accounting—
Corporate Accounting

Procter & Gamble (P&G) Company

Xihao Hu
Executive Vice President, Finance
and Head of Accounting, Tax, Planning
and Finance Shared Services

TD Bank

Marsha L. Hunt
Vice President-Corporate Controller
Cummins Inc.

Richard R. Jones*
Partner – Director of Accounting
EY

Mark LaMonte*
Managing Director
Moody’s Investors Service

 

Timothy J. LaSpaluto*
Chief Financial Officer
American Institute of CPAs

Dan Mahoney
Director of Research
CFRA

Maya McReynolds
Vice President Finance and
Chief Accounting Officer

Dell Inc.

Daniel S. Meader
Principal
Trinity Private Equity Group LP

Catherine E. Mickle
Chief Financial Officer
American Cancer Society

Sean C. Miller
Vice President —Technical Accounting
Sony Pictures Entertainment

John G. Morriss*
Former Managing Director,
Head of Fixed Income Research

TIAA-CREF Asset Management

Gregg L. Nelson
Vice President and Chief Accounting Officer
IBM Corporation

Douglas R. Oare
Managing Director
BlackRock, Inc.

Thomas Omberg
National Leader, Financial Accounting and Reporting Services
Deloitte & Touche LLP

Cathy Shakespeare*
Associate Professor of Accounting
University of Michigan

Sherry M. Smith
Board of Directors
Deere & Company, Tuesday Morning Corporation,
and Realogy Holdings Corporation

Lee Sotos
Senior Analyst
Fidelity Worldwide Investment

Ted T. Timmermans*
Vice President, Controller and
Chief Accounting Officer

The Williams Companies, Inc.

Sharon A. Virag
Vice President, Controller,
and Chief Accounting Officer

Aetna

Joan E. Waggoner*
Partner in Professional Standards
Plante Moran PLLC

Jeffrey Wilks
Director and EY Professor
School of Accountancy

Brigham Young University

Randall Woods*
Principal/Head of Investing for Pension Funds
RJW Financial Services

Completed Service in 2015

Steven E. Buller
FASAC Chair

Kay Booth
Partner
Trinity Private Equity Group LP

John Boulton
Director, Accounting Research and Policy
Fitch Ratings

Peter M. Carlson
Executive Vice President and Chief Accounting Officer
Met Life

Susan S. Coffey
Senior Vice President, Public Practice and Global Alliances
American Institute of CPAs

Neil A. Cotty
Former Chief Accounting Officer
Bank of America Corporation

Anthony J. Dowd
Chief of Staff
Office of Paul A. Volcker

Cynthia M. Fornelli
Executive Director
Center for Audit Quality

Larry Gray
Senior Partner—Professional Practice Group
EisnerAmper LLP

Wendy M. Hambleton
Partner, Director of SEC Services
BDO USA, LLP

Jan Hauser
Chief Accounting Officer
General Electric Company

Patrick E. Hopkins
Professor and Sungkyunkwan Professor of Business
Kelley School of Business
Indiana University

Adam G. Hurwich
Portfolio Manager
Ulysses Management LLC

Paul Kepple
Partner
PricewaterhouseCoopers LLP

Dianne H. Russell
Hyde Boston Capital

Stephen D. M. Schuetz
Retired Partner
EY

Ronald Temple
Managing Director
Lazard Asset Management

*New member in 2016


GASAC (Government Accounting Standards Advisory Council)

GASAC Chair

Robert W. Scott
Director, Finance
City of Brookfield, Wisconsin
(Nominated by the Government Finance Officers Association)

GASAC Vice Chair

Jacqueline L. Reck
James E. Rooks and C. Ellis Rooks Distinguished
Professor of Accounting

School of Accountancy
University of South Florida
(Nominated by the American Accounting Association)

Members

Benjamin Barnes*
Secretary, Office of Policy and Management
State of Connecticut
(Nominated by the National Governors Association)

Wayne Gerhold**
Principal
Law Offices of Wayne D. Gerhold
(Nominated by the National Association of Bond Lawyers)

Brian Green**
Partner, Healthcare Audit and
Reimbursement Services

Seim Johnson
(Nominated by the Healthcare Financial Management Association)

Demetria Hanna**
Branch Chief, Economic Statistical
Methods Division

U.S. Census Bureau
(Nominated by the U.S. Census Bureau)

Shirley D. Hughes**
Director, Finance
City of Boulder City, Nevada
(Nominated by the International City/County Management Association)

Perry James
Chief Financial Officer
City of Raleigh, North Carolina
(Nominated by the U.S. Conference of Mayors)

Stephen Klein
Chief Fiscal Officer
Legislative Joint Fiscal Office
State of Vermont
(Nominated by the National Conference of State Legislatures)

James Lanzarotta
Partner
Moss Adams
(Nominated by the American Institute of CPAs)

Richard Larkin
Senior Vice President and Director of
Credit Analysis

HJ Sims & Company
(Nominated by the Securities Industry and Financial Markets Association)

 

Gerard Lian
Senior Analyst, Fixed Income Team
Invesco
(Nominated by the Investment Company Institute)

David H. Lillard, Jr.*
State Treasurer
State of Tennessee
(Nominated by the National Association of State Treasurers)

Lealan Miller
Director, Government Services
Eide Bailly
(Nominated by the Association of Government Accountants)

Sandra Moorman
Director, Accounting and Controller
Sacramento Municipal Utility District
(Nominated by the American Public Power Association)

Amanda Noble
Deputy City Auditor
City of Atlanta, Georgia
(Nominated by the Association of Local Government Auditors)

Mark Pepera**
Chief Financial Officer
Westlake City School District, Ohio
(Nominated by the Association of School Business Officials International)

Robert M. Reardon
Senior Investment Officer
State Farm Insurance Company
(Nominated by the Insurance Industry Investors)

Tasha Repp
Business Assurance Partner, Tribal Services Group
Moss Adams
(Nominated by the Native American Finance Officers Association)

Daniel Smith
Associate Professor of Public Budgeting
and Financial Management

Robert F. Wagner Graduate School of Public Service
New York University
(Nominated by the Association for Budgeting and Financial Management)

Alan Skelton**
State Accounting Officer
State of Georgia
(Nominated by the National Association of State Auditors, Comptrollers, and Treasurers)

Gilbert L. Southwell III
Vice President and Senior Municipal Analyst
Wells Capital Management
(Nominated by the National Federation of Municipal Analysts)

Joseph Stefko
President and Chief Executive Officer
Center for Governmental Research
(Nominated by the Governmental Research Association)

Charles A. Tegen
Associate Vice President, Finance
Clemson University
(Nominated by the National Association of College and University Business Officers)

James R. Wells*
Director, Governor's Finance Office
State of Nevada
(Nominated by the National Association of State Budget Officers)

Teri F. Wenck*
Director, Public Finance Group
FitchRatings
(Bond Rater)

Glen Whitley
County Judge
Tarrant County, Texas
(Nominated by the National Association of Counties)

Robert A. Wylie
Executive Director and Administrator
South Dakota Retirement System
(Nominated by the National Association of State Retirement Administrators)

Official Observer
Robert Dacey
Chief Accountant
Representing the Comptroller General of the United States

Government Accountability Office

Completed Service in 2015

Martin J. Benison
GASAC Chair

Dominic Colafati
Chief Budget Examiner, Expenditure/Debt Unit
State of New York

Bernard Fischer
Director, Public Finance Group
FitchRatings

Barbara Flickinger
Managing Director, Portfolio Services
National Public Finance Guarantee

Ronald Green
Controller
City of Houston, Texas

James B. Reardon
Commissioner of Finance and Management
State of Vermont

*New member in 2016
**New member in 2015


FASB Advisory Groups

SMALL BUSINESS ADVISORY COMMITTEE (SBAC)

The FASB periodically undertakes an in-depth assessment of each of its advisory groups. In 2015, the FASB conducted an extensive review of the SBAC’s objectives, operations, and composition. That review was completed in November 2015. Based on that review, the FASB decided to restructure the SBAC to focus on smaller public companies. A Committee charter that incorporates that change will be developed in 2016. Additionally, the FASB will seek nominations for the restructured group in 2016.

Completed Service in 2015

Deborah Adkins
CFO Partner
NPerspective, LLC

James Beck
Managing Director and Chief Operating Officer
Mayfield Fund

P. Glenn Bradley
Partner
Mountjoy Chilton Medley LLC

Richard E. Forrestel, Jr.
Treasurer
Cold Spring Construction Company, Inc.

Richard H. Gesseck
Richard H. Gesseck Consulting

Dennis R. Hein
Partner
Seim Johnson, LLP

Robert Hoffman
Chief Financial Officer
Arena Pharmaceuticals

W. Stephen Holmes
General Partner
InterWest Partners

Joseph A. Maffia
Partner
Janover LLC

Albert G. Pastino
Executive Vice Chairman
Revere Merchant Capital

Patricia P. Piteo
Partner
Cohen & Company Ltd.

Leonard Steinberg
Principal
Steinberg Enterprises, LLC

Peter B. Stickler
Senior Vice President and Chief Financial Officer
Inland Bancorp Inc.

Scott M. Waite
Executive Vice President,
Strategic Planning & Special Projects

Patelco Credit Union

Russell D. Wasson
Director of Tax, Finance, and Accounting Policy
National Rural Electric Cooperative Association

Candace E. Wright
Audit Director
Postlethwaite & Netterville

INVESTOR ADVISORY COMMITTEE (IAC)

Members

Frederick Cannon
Director of Research, Chief Equity Strategist
and Executive Vice President

Keefe, Bruyette, & Woods, Inc., Research Division

Wallace Enman
Senior Accounting Analyst
Moody’s Investors Service

Jill Lehman
Head of Healthcare and TMT Research
CFRA

Matthew Schechter
Forensic Accountant
Balyasny Asset Management

Kevin W. Shea
Chief Executive Officer
Disciplined Alpha LLC

David Trainer
Chief Executive Officer
New Constructs

 

Completed Service in 2015

Jonathan Nus
Executive Director
EY

Dina M. Maher
Vice President
Financial Institution Supervision Group
Federal Reserve Bank of New York

Rita J. Spitz
Principal
William Blair & Company, LLC

Joseph A. Stieven
Chief Executive Officer
Stieven Capital Advisors, LP

NOT-FOR-PROFIT ADVISORY COMMITTEE (NAC)

Committee Chair

Jeffrey D. Mechanick
Assistant Director — Nonpublic Entities
Financial Accounting Standards Board

Members

Alice Antonelli*
Director, Advisory Services
Nonprofit Finance Fund

Cathy Clarke*
Chief Assurance Officer
CliftonLarsonAllen, LLP

Jim Croft*
Principal
JWC Consulting Group
Former Executive Vice President
and Chief Financial Officer

The Field Museum of Natural History

Harvey Dale
University Professor of Philanthropy and the Law
Director, National Center of Philanthropy and the Law

New York University School of Law

Gordon T. Edwards
Chief Financial Officer
Marshfield Clinic Health System

Kenneth C. Euwema
Vice President and Controller
United Way Worldwide

Michael Forster*
Chief Financial Officer
Woodrow Wilson International Center for Scholars

Deborah Gillespie
Vice President, Finance and Administration
and Secretary/Treasurer

The Joyce Foundation

 

Roger Goodman
Partner
The Yuba Group LLC

John Kroll
Associate Vice President for Finance
University of Chicago

John Mattie
Partner-in-Charge, Higher Education
and Not-for-Profit Industry Practice

PricewaterhouseCoopers LLP

Bob Mims
Controller/Director of Investments
Ducks Unlimited, Inc.

Norman C. Mosrie
Partner
Dixon Hughes Goodman

Linda M. Parsons
Associate Professor of Accounting
Culverhouse School of Accountancy
University of Alabama

Cynthia A. Pierce
Partner-in-Charge, Higher Education
and Not-for-Profit Industry Practice

Crowe Horwath LLP

Andrew Prather*
Shareholder
Clark Nuber P.S.

Amy B. Robinson*
Vice President and Chief Financial Officer
The Kresge Foundation

Bennett M. Weiner
Chief Operating Officer
Better Business Bureau Wise Giving Alliance

 

Participating Observers
Dena Markowitz
Chief, Division of Investigations
Pennsylvania Bureau of Corporations and Charitable Organizations
(representing National Association of State Charity Officials)

Catherine E. Mickle (FASAC)
Chief Financial Officer
American Cancer Society

Christopher Cole
Senior Technical Manager and Not-For-Profit Expert Panel
Staff Liaison

American Institute of CPAs

Completed Service in 2015

Gregory B. Capin
Partner
Capin Course LLP

Larry Probus
Chief Financial Officer and Senior Vice President
World Vision U.S.

Laura Roos
Partner
Moss Adams LLP

Michael B. Tarnoff
Executive Vice President and Chief Financial Officer
Jewish Federation of Metropolitan Chicago

William G. Weldon
Chief Financial Officer
Roman Catholic Diocese of Charlotte, North Carolina

*New member in 2016

SERVING THE FINANCIAL STATEMENT USER

1. (l. to r.) GASB Chair Dave Vaudt, FASB Chair Russ Golden, and FASB Technical Director Sue Cosper; 2. FAF Trustee Ken Robinson; 3. FAF Trustee Terry Warfield; 4. (l. to r.) FAF Chairman Chuck Noski and FAF Vice Chair Dan Ebersole; 5. FAF Trustee Eugene Flood; 6. FAF President & CEO Terri Polley




1. GASB Vice Chair Jan Sylvis; 2. (l. to r.) FASB Planning and Control Manager Jane Gabriele and FASB Practice Fellow Marie Dhimmar; 3. FAF Senior Manager of Communications John Pappas; 4. (l. to r.) FASB Practice Fellow Jack Pohlman and FASB Assistant Director Cullen Walsh; 5. GASB Senior Project Manager Lisa Parker





1. (l. to r.) GASB Project Manager Paulina Haro-Camm and GASB Associate Practice Fellow Susannah Baney; 2. FASB Vice Chair Jim Kroeker; 3. FASB Member Tom Linsmeier; 4. FASB Member Marc Siegel; 5. FASB Member Daryl Buck; 6. FAF Trustee Michelle Seitz





1. (l. to r.) FAF Head of Government Affairs and External Relations Todd Cranford and FAF Executive Administrative Assistant Sherri Thomas; 2. FASB Assistant Project Manager—XBRL Melissa Nicholson; 3. FAF Trustee Nancy Kopp; 4. GASB Director of Research and Technical Activities Dave Bean; 5. FASB Member Larry Smith; 6. FASB Member Hal Schroeder