RegulationCorporate GovernanceGradison steps in as acting PCAOB head

Gradison steps in as acting PCAOB head

Former Congressman takes temporary charge of US accounting watchdog

Bill Gradison, a board member of the Public Accounting Oversight Board, has
been appointed as the organisation’s acting chairman. Gradison will take over
from William McDonough who stepped down from the position at the end of
November.

‘I sought a seat on this board three years ago because I knew from my own
experience in the financial services field how important it is to protect
investors by assuring that financial reporting is accurate and reliable,’
Gradison said.

Gradison has served on the PCAOB since its inception in October 2002. He has
held an elective office for over thirty years, including an 18-year stint in
Congress.

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