BELLINGS

FASB taps vice chair, former KPMPG partner for next chair

The U.S. accounting standards setter appointed Hillary H. Salo to succeed Richard Jones as its next chair on July 1, 2027.

The U.S. accounting standards setter appointed Hillary H. Salo to succeed Richard Jones as its next chair on July 1, 2027.

BELLINGS Intelligence Score: 30

Why it matters

The appointment of a new FASB chair is a notable regulatory leadership change with potential medium-term influence on accounting standards, relevant to credit professionals but not an immediate market-moving event.

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