The Financial Accounting Foundation has appointed Bank of
America vice president Charles Noski as the new chairman of the
Financial Accounting Standards Advisory Council (FASAC). Noski,
whose term runs five years, succeeds Dennis Chookaszian on 1 January 2012.
In his new role, Noski will advice the
Financial Accounting Standards Board (FASB) on technical issues
related to the board’s agenda and priorities.
“With his
breadth of experience in corporate finance across a range of
industries, Chuck Noski will bring to the FASAC a deep
understanding of the complex issues facing the FASB as it seeks to
serve the best interests of all those who use, prepare, and audit
financial statements,” FASB chairman Leslie Sedman
said.
Prior to Bank of America, Noski has
been chief financial officer of Northrop Grumman Corporation,
senior adviser to The Blackstone Group and vice chairman of the
board of directors of AT&T Corporation.
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