By: George M. Wilson, SEC Institute
On December 12, 2017, the SEC appointed a new Chair and four new members to the PCAOB. The new appointees are:
William D. Duhnke III – Chair
Robert Brown – Board member
Kathleen M. Hamm – Board member
James G. Kaiser – Board member
Duane M. DesParte – Board member
These appointments bring the board to its full complement of five members. Following the SOX requirements two of the appointees, Mr. Kaiser and Mr. DesParte, are accountants. Mr. Duhnke, Dr. Brown and Ms. Hamm have background as lawyers. All of the new Board members bring a variety of deep and relevant experience to the Board.
You can read about the appointments and find out more about the new members in this press release and in this statement from SEC Chair Clayton.
Meanwhile, the two nominations for the open commissioner positions at the SEC are still awaiting confirmation by the full senate.
As always, your thoughts and comments are welcome!