Financial Executives International Applauds the Appointment of Russell G. Golden as the Next Chairman of the Financial Accounting Standards Board (FASB):

MORRISTOWN, N.J., April 23, 2013 /PRNewswire/ -- Financial Executives International (FEI), the professional association of choice for senior-level financial executives, issued today the following statement from President and CEO Marie Hollein in response to the April 23rd appointment of Russell G. Golden as the next chairman of the Financial Accounting Standards Board (FASB):

"FEI would like to applaud the Board of Trustees of the Financial Accounting Foundation's (FAF) appointment of Russell G. Golden as the FASB's next chairman. We believe Golden's broad experience and deep knowledge obtained during his years in various senior staff positions with FASB, including serving as key liaison with regulators and constituents and as a FASB board member, will serve him well in his new position. We are confident that in his new role Golden will do an outstanding job leading the board's efforts in existing and future projects. We look forward to continuing our work with him and the wealth of insights and expertise he will bring to the board as chairman."

About FEI
Financial Executives International is the leading advocate for the views of corporate financial management. Its 15,000 members hold policy-making positions as chief financial officers, treasurers and controllers at companies from every major industry. FEI enhances member professional development through peer networking, career management services, conferences, teleconferences and publications. Members participate in the activities of 86 chapters, 74 in the U.S., 11 in Canada and 1 in Japan. FEI is headquartered in Morristown, N.J., with additional offices in Washington, D.C., and Toronto.
Visit www.financialexecutives.org for more information.

SOURCE Financial Executives International (FEI)