AICPA Statement on Leslie Seidman’s Retirement as FASB Chair

June 28, 2013

Media Contacts: Mitchell Slepian, 212.596.6177, mslepian@aicpa.org

Jay Hyde, 202.434.9266, jhyde@aicpa.org

New York (June 28, 2013) – The following is a statement by Barry C. Melancon, CPA, CGMA, president and CEO of the American Institute of CPAs in reaction to Leslie Seidman’s retirement as chair of the Financial Accounting Standards Board (FASB):

“The Institute wishes Leslie well upon her retirement as chair of FASB. We are grateful for her contributions on behalf of the financial reporting community and users of financial statements. During her tenure as FASB chair, board member and staffer Leslie excelled as a true leader. She clearly demonstrated a commitment to her role, while engaging in a constructive dialogue with all stakeholders. We look forward to working with Leslie in the future.”