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Lawrence W. Smith appointed as FASB member

Monday, April 9, 2007

The Financial Accounting Foundation (FAF) made an announcement on April 9, 2007 that Lawrence W. Smith has been appointed to a five-year term as a member of the FASB beginning July 1, 2007. Mr. Smith is currently the FASB’s Director of Technical Application and Implementation Activities, and Chairman of the Emerging Issues Task Force (EITF). Mr. Smith will replace Edward W. Trott who will retire from the FASB on June 30, 2007. A news release about Mr. Smith’s appointment can be found on the FASB’s website at www.fasb.org.