Robert Stewart Statement 12/14/15


Norwalk, CT—December 14, 2015—The Financial Accounting Foundation (FAF) today released the following statement regarding the passing of FAF Senior Vice President of Public Affairs Robert W. Stewart, who died Saturday.

The statement should be attributed to FAF President and Chief Executive Officer Teresa S. Polley:

“All of us at the FAF, the FASB, and the GASB are deeply saddened by the death of our dear friend and colleague, Robert W. Stewart. In his four years with the FAF, Robert established a public affairs program that successfully promoted a greater understanding of, and appreciation for, the work of our standard-setting Boards among the public and our many stakeholder audiences. He established valued relationships with regulators, government leaders, the media, and others with an interest in what we do.

“Professionally, Robert will be remembered for his many accomplishments and commitment to excellence. Personally, his colleagues will remember him for his energy, enthusiasm, compassion, humor, and friendship.

“Robert will be missed by everyone who had the privilege of knowing and working with him. Our thoughts and prayers are with Robert’s wife, Debbie, and their two sons, John and James.”

Mr. Stewart joined the FAF as vice president of communications in July 2011. He was appointed to the role of senior vice president, public affairs, in December 2013.

Prior to joining the FAF, Mr. Stewart was vice president of public affairs at the Private Equity Council, a Washington, D.C.-based trade group representing the nation’s largest private equity firms. Earlier, he served in senior communications posts at several Fortune 500 entertainment, telecommunications, and technology companies, including Caesars Entertainment, MCI, and Pacific Telesis Group.

During the first half of his career, Mr. Stewart was a journalist. For more than a dozen years, he was a Washington correspondent and staff writer for the Los Angeles Times. He also wrote for the Providence Journal. He is a recipient of awards from the American Bar Association and the State Bar of California for his coverage of the criminal justice system.

Mr. Stewart received a bachelor’s degree in English from Brown University and a master’s degree in communications from the S.I. Newhouse School at Syracuse University.

About the Financial Accounting Foundation

Established in 1972, the Financial Accounting Foundation (FAF) is the independent, private-sector, not-for-profit organization based in Norwalk, Connecticut responsible for the oversight, administration, financing, and appointment of the Financial Accounting Standards Board (FASB) and the Governmental Accounting Standards Board (GASB). The FASB and GASB establish and improve financial accounting and reporting standards – known as Generally Accepted Accounting Principles, or GAAP – for public and private companies, not-for-profit organizations, and state and local governments in the United States. For more information, visit