Yesterday, the SEC announced that it has designated George R. Botic to serve as Acting Chair of the Public Company Accounting Oversight Board, effective July 23, 2025. As Meredith noted last week, PCAOB Chair Erica Williams will depart on July 22.

The SEC’s announcement notes that George Botic is a CPA and became a PCAOB Board Member on October 25, 2023. Prior to joining the Board, he served as the Director of the PCAOB’s Division of Registration and Inspections and in various other roles at the PCAOB. Earlier in his career, Mr. Botic was a Senior Manager with PricewaterhouseCoopers.

– Dave Lynn