Earlier today, the Financial Accounting Foundation announced the appointment of Russell G. Golden to the Financial Accounting Standards Board, effective Oct. 1, 2010. Golden will fill the board member vacancy on the FASB board resulting from the retirement of Robert H. Herz on Sept. 30, 2010.

Prior to his appointment as a FASB board member, Golden served as a technical director. Golden served in various roles at FASB as a member of the senior staff. Previous to joining FASB, Golden was a partner at Deloitte & Touche LLP in the National Office Accounting services department. 

As previously announced, Leslie Seidman has been appointed acting chairman of FASB board effective Oct. 1. Additionally, FAF will increase the size of the board to seven board members total, from the current number of five. The board historically had seven members since its inception in 1973, until a reduction in the size of the board was effected in 2008.

Additional details can be found in the FAF press release, and in this Q&A with FAF Chairman John Brennan, "About the Board Member Selection Process."