Robert H. Herz named FASB chairman.

• Author: Heffes, Ellen M.
• Position: Domestic - Financial Accounting Standards Board - Brief Article

Robert H. Herz, a senior partner with PricewaterhouseCoopers, has been named Chairman of the FASB for a five-year term beginning July 1, 2002. He will succeed Edmund L. Jenkins, who will retire on June 30, completing his five-year term.

On the appointment, Manuel H. Johnson, Co-Chairman, Johnson Smick International and chairman of the Financial Accounting Foundation (FAF), which appoints members of the FASB, said, "Bob is widely recognized in the U.S. and abroad for his strong technical background and grasp of complex accounting and financial reporting issues. His experience will be a tremendous...