SEC taps Kroeker as permanent chief accountant
By Barry B. Burr | August 25, 2009 1:25 pm
James L. Kroeker today was named chief accountant at the SEC.
He had been acting chief accountant since January, when Conrad W. Hewitt retired.
“He will play an instrumental role as we consider various ways to improve financial reporting to investors,” SEC Chairwoman Mary L. Schapiro, who appointed him, said in a statement.
Cynthia Fornelli, executive director of the Center for Audit Quality, praised the appointment in a statement, saying, “Jim has consistently demonstrated his commitment to investors and the capital markets through efforts to improve financial reporting and reduce the complexity of financial disclosure.” CAQ is led by a governing board composed of members of auditing firms, corporations, investment advisers and the American Institute of Certified Public Accountants.
Mr. Kroeker’s duties will include overseeing accounting interpretations, professional practice issues and international accounting matters.
Mr. Kroeker joined the Securities and Exchange Commission as deputy chief accountant in February 2007 from Deloitte and Touche, where he had been a partner.