SEC Names Fresh PCAOB Leadership to Strengthen Audit Oversight
TL;DR Summary
The Securities and Exchange Commission announced Demetrios (Jim) Logothetis as PCAOB Chairman and named Mark Calabria, Kyle Hauptman, and Steven Laughton to the board, with George Botic remaining as a board member and Acting Chairman until Logothetis is sworn in. Created by the Sarbanes-Oxley Act and overseen by the SEC, the PCAOB oversees audits of public companies and broker-dealers to protect investors and maintain independent, informative audit reports. Logothetis’ term runs through 2030, Calabria through 2027, Hauptman through 2029, and Laughton through 2026.
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