The Securities and Exchange Commission (SEC) has announced that Wesley R. Bricker will become the Chief Accountant and succeeds James Schnurr who plans to retire from the agency.
Mr. Bricker has served as Deputy Chief Accountant for the accounting group since 2015 and Interim Chief Accountant since July 2016. As Chief Accountant, Mr. Bricker will serve as the principal advisor to the Commission on accounting and auditing matters and lead the Commission’s Office of the Chief Accountant. He also will be responsible for assisting the Commission with discharging its oversight of the Financial Accounting Standards Board and the Public Company Accounting Oversight Board.
SEC Chair Mary Jo White said:
I am very pleased to appoint Wes as the Chief Accountant. He has demonstrated excellent leadership and analytic skills in leading the work of the office, and we are very fortunate to continue to have him serve this critical role at the agency.
Mr. Bricker added:
It is an honor to continue to work on behalf of investors and to lead the talented and dedicated staff of the Office of the Chief Accountant and work together with the accounting and auditing standard setters’ boards and staff. I look forward to continuing to promote improvements to financial reporting, including monitoring that the objectives of existing and new accounting and auditing standards meet the needs of investors for useful and reliable financial reporting information.