Senior Staff

Teresa S. Polley, President and Chief Executive Officer

Teresa S. Polley was appointed president of the Financial Accounting Foundation (FAF) in May 2008, and was subsequently promoted to the role of President and chief executive officer in 2010. She brings over 20 years of experience with FAF and the Financial Accounting Standards Board (FASB) to the position.

Prior to her appointment, Ms. Polley served as executive director of Advisory Groups for the FASB. In this role, she was primary liaison between the Board and its constituent organizations that provide input into its decision-making processes.

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John W. Auchincloss, Vice President, General Counsel and Assistant Secretary

John W. Auchincloss was appointed vice president, general counsel, and assistant secretary by the Financial Accounting Foundation (FAF) in May 2016. In this role, Mr. Auchincloss has overall responsibility for the FAF’s legal and compliance functions and will provide strategic legal advice and guidance to the FAF, the Financial Accounting Standards Board (FASB), and the Governmental Accounting Standards Board (GASB).

Mr. Auchincloss has deep experience with nonprofit governance, tax, and regulatory issues. Prior to joining the FAF, he served as general counsel and secretary for Commonfund, a private, nonprofit asset management firm.

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Matthew J. Broder, Vice President, Public Affairs

Matthew J. Broder was appointed vice president, public affairs by the Financial Accounting Foundation (FAF) in June 2016. In this role, Mr. Broder has overall responsibility for FAF, FASB, and GASB communications, external relations, and government affairs activities—including executive, internal, social, and web-based communications.

Mr. Broder brings extensive communications experience to the FAF. Prior to joining the FAF, he served as vice president, Corporate Communications for Daymon Worldwide, a global leader in consumables retailing. There, Mr. Broder was responsible for all internal, external, and digital communications for the private-branding firm’s U.S. operations.

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Mary P. Crotty, Chief Operating Officer

Mary P. Crotty was appointed Chief Operating Officer of the Financial Accounting Foundation in November 2014. In this role, Ms. Crotty manages the Foundation’s business operations, including technology, finance, publications, and other key business activities. She brings to her role an extensive background in corporate operations and governance.

Ms. Crotty joined the FAF team from Bank of America, where she was a managing director and, for four years, leader of the Corporate Compliance and Regulatory Relations groups. Prior to that, she held a variety of roles, including global compliance risk chief operating officer and business support executive in Global Markets and Global Research.

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Elizabeth Ann Garti, Vice President, Human Resources

Elizabeth Ann Garti was appointed vice president, human resources by the Financial Accounting Foundation (FAF) in April 2018. In her role, Ms. Garti will have a central part in the FAF’s efforts to attract and retain top talent to the organization, including the FASB, GASB, and FAF staff. She also will provide support to the FAF Board of Trustees as it identifies and appoints members to the FAF Board of Trustees and the standard-setting Boards. As leader of the organization’s in-house human resources team, Ms. Garti will work to deepen the organization’s efforts in recruitment, diversity, professional development, and work-life balance, among other areas.
Ms. Garti has more than 25 years of global human resources experience across the nonprofit and private sectors. She most recently served as associate vice president of human resources at Pace University.

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Kimberley R. Petrone, Chief of Staff

Kimberley R. Petrone is chief of staff of the Financial Accounting Foundation (FAF). Appointed to this role in October 2014, Ms. Petrone assists the FAF president & chief executive officer in the planning and coordination of various administrative, oversight, and strategic activities. She also oversees the FAF’s post-implementation review (PIR) function.

Previously, Ms. Petrone was director of the FAF PIR team, and a member of the FASB staff from 1989 to 2010. Before joining the FASB staff, Ms. Petrone was a corporate accounting and financial reporting manager with Savin Corporation, and an accounting and tax reporting supervisor with AMAX Inc.

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