On Friday, the SEC announced the appointments of Demetrios (Jim) Logothetis as Chairman and Mark Calabria, Kyle Hauptman, and Steven Laughton as Board members of the PCAOB. The SEC stated that George Botic will continue to serve as a Board member and will remain Acting Chairman until Mr. Logothetis is sworn in.

Demetrios (Jim) Logothetis serves on the board of The Republic Bank of Chicago and on the advisory council of a privately owned consultancy firm. He previously spent 40 years at E&Y.

Mark Calabria is currently an Associate Director and Chief Statistician with the U.S. Office of Management and Budget and a Senior Advisor to the Office of the Director of the Consumer Financial Protection Bureau.

Kyle Hauptman is currently the Chairman of the National Credit Union Administration. He previously served on the Senate Banking Committee staff, as a staff director and as Economic Policy Counselor to a senator.

Steven Laughton is currently Board Counsel to PCAOB Board Member Christina Ho. He spent more than thirty years with the U.S. Department of the Treasury, including as Senior Counsel to the General Counsel.

In Chairman Atkins’s statement, he thanked the current board members and noted that the transition to the new board will occur very quickly over the next few weeks.

– Meredith Ervine