Daniel Goelzer Named Acting Chairman of PCAOB

The SEC has appointed Daniel L. Goelzer as Acting Chairman for the Public Company Accounting Oversight Board effective August 1, 2009. Goelzer is a founding and current member of the PCAOB Board, where he has served for the past six years.

“Daniel Goelzer has demonstrated the leadership, ability and experience necessary to oversee the continued progress of this important organization,” said SEC Chairman Mary Schapiro. “During this interim period, I look forward to working with him, his colleagues, and the PCAOB staff as they continue to fulfill their mission of protecting investors.”

Mr. Goelzer has previously served as General Counsel of the SEC, and held the offices of Executive Assistant to the SEC Chairman and Associate General Counsel in the Office of the General Counsel.