Russell G. Golden was named to the Financial Accounting Standards Board, effective Oct. 1, according to a statement from the Financial Accounting Foundation, which oversees FASB.
Mr. Golden will fill the board vacancy created when Robert H. Herz, FASB chairman, retires Sept. 30.
Leslie Seidman, FASB member, was appointed acting chairman, effective Oct. 1.
Mr. Golden, whose term will run through June 30, 2012, is technical director of FASB and chairman of FASB's Emerging Issues Task Force. The foundation will search to fill the technical director position, and that person will also become chair of the task force, said Neal McGarity, FAF spokesman.
The technical director position will be posted Sept. 20 on the foundation's website, http://www.fasb.org/faf/index2.shtml, including qualifications, how to apply and whom to contact. A time frame for hiring someone wasn't available, Mr. McGarity said.