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Lawrence W. Smith Appointed FASB Board Member
April 9, 2007
FEI Summary
On April 9, 2007, the Financial Accounting Foundation (FAF), which oversees the Financial Accounting Standards Board (FASB), announced the appointment of Lawrence W. Smith as a FASB board member, for a five year term, beginning July 1, 2007.
Smith currently serves as FASB’s Director of Technical Application and Implementation Activities, and Chairs FASB’s Emerging Issues Task Force (EITF). Prior to joining FASB staff in 2002, Smith was a partner at KPMG LLC.
Smith will replace FASB board member Ed Trott, who is retiring as of June 30, 2007.
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