February 26, 2015 11:28 PM ET

Commercial Services and Supplies

Company Overview of Financial Accounting Foundation Inc.

Company Overview

Financial Accounting Foundation Inc. offers funding and selection services for the members of the Financial Accounting Standards Board (FASB) and Governmental Accounting Standards Board (GASB). The foundation operates for charitable, educational, scientific, and literary purposes. Financial Accounting Foundation was founded in 1972 and is based in Norwalk, Connecticut.

Main Avenue 401 Merritt 7C

Norwalk, CT 06851

United States

Founded in 1972

Phone:

203-847-0700

Key Executives for Financial Accounting Foundation Inc.

Chief Executive Officer and President
Vice President and Additional Trustee
Director of Government Relations
Vice President of External Relations & Communications
Secretary, Treasurer, and Trustee
Age: 53
Compensation as of Fiscal Year 2014.

Financial Accounting Foundation Inc. Key Developments

Financial Accounting Foundation Inc. Announces Executive Changes

NORWALK, Conn.--(BUSINESS WIRE)-- The Financial Accounting Foundation (FAF) announced that it has appointed Myra R. Drucker and John Veihmeyer to the FAF Board of Trustees, January 15, 2015 effective. Ms. Drucker currently serves as an independent director and chairs the Risk and Audit Committee of Grantham, Mayo, Van Otterloo & Co. LLC. She also serves as chair of the board of TrustedPeer Inc. Mr. Veihmeyer is Global Chairman of KPMG and Chairman and CEO of KPMG in the U.S. The terms of Ms. Drucker and Mr. Veihmeyer on the Board of Trustees extend to December 31, 2019. They replace Luis M. Viceira and Edward E. Nusbaum, whose terms ended on January 14, 2015.

Financial Accounting Foundation Inc. Appoints Seven New Members to the Financial Accounting Standards Advisory Council

Financial Accounting Foundation Inc. has appointed seven new members to the Financial Accounting Standards Advisory Council. According to a release, the FASAC is responsible for advising the Financial Accounting Standards Board (FASB) on strategic issues, project priorities, and other matters that affect accounting standard setting. The new members will serve a one-year term beginning January 1, 2015, and are eligible to be reappointed for three additional one-year terms. The following new FASAC members were appointed: Douglas Oare, Managing Director, BlackRock; Lee Sotos, Senior Analyst, Fidelity International; Maya McReynolds, Vice President and Chief Accounting Officer, Dell Inc.; Sean Miller, Vice President-Technical Accounting, Sony Pictures Entertainment; Gregg Nelson, Vice President-Accounting Policy & Financial Reporting, IBM Corp.; Sharon Virag, Vice President and Chief Accounting Officer, AES Corp.

Financial Accounting Foundation Names Mary P. Crotty as Chief Operating Officer

Financial Accounting Foundation named Mary P. Crotty to the new position of chief operating officer. In her new role, Ms. Crotty will manage the Foundation's business operations, including technology, finance, publications, and other key business activities. She will report to FAF President and Chief Executive Officer Teresa S. Polley. Ms. Crotty will be based in Norwalk. She joins the FAF team from Bank of America, where she was a managing director and, for the past four years, leader of the Corporate Compliance and Regulatory Relations groups. Prior to that, Ms. Crotty held a variety of roles, including global compliance risk chief operating officer and business support executive in Global Markets and Global Research.

Similar Private Companies By Industry

Company Name Region
MEXFIL Hotel & Building Services, Inc. United States
Universal Reprographics San Diego, Inc. United States
Ball Ground Recycling, LLC United States
MICE North America, Inc. United States
SMP Display & Design Group United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Financial Accounting Foundation Inc., please visit www.accountingfoundation.org/home. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.