MEDIA ADVISORY 08/23/22
Financial Accounting Foundation Appoints New Board Member
Norwalk, CT, August 23, 2022—The Financial Accounting Foundation today announced the appointment of Marion M. Gee to the Board of Trustees. His term of service will begin on January 1, 2023 and conclude on December 31, 2027.
The FAF is the parent organization of the Financial Accounting Standards Board (FASB) and the Governmental Accounting Standards Board (GASB).
“The Board of Trustees is pleased to welcome Marion as its newest member,” said FAF Chair Kathleen L. Casey, “His diverse experience working in state and local governments will add significant value to the Trustees’ mission to support the FASB and GASB in improving financial accounting and reporting standards, while educating stakeholders on how to understand and implement those standards.”
Mr. Gee will fill the vacancy left by retiring member Jeff Esser whose term concludes on December 31, 2022.
“On behalf of the FAF, I want to express our appreciation for the service and dedication shown by Jeff over the past five years,” added Ms. Casey.
Below is a brief biographical sketch for Mr. Gee:
Marion M. Gee currently serves as the finance director for the Metropolitan St. Louis Sewer District. He has served in this role since 2015 leading the preparation of the District’s comprehensive annual financial report, monthly financial statements, and other financial documents for dissemination to the Board of Trustees, elected officials, bond rating agencies, and the public. In addition, he manages the development of the District’s annual capital and operating budgets, and provides oversight to the financial planning, purchasing, general accounting, revenue collection, and customer service departments. Mr. Gee also develops financial forecasts for the District, ensuring they are within the legal and financial purpose of appropriations and obligations. He is responsible for the development of rates, taxes, and financial plans to assure adequate revenues exist to fund the District operations. As a member of the Executive Team, Mr. Gee also prepares the District’s Strategic Business Operating plan. He has served in several positions during his career for the Government Finance Officers Association of U.S. & Canada (GFOA) including chair and vice chair of the Treasury and Investment Management Committee, and as past president. Mr. Gee has also served as Audit Committee chair for the St. Louis Public School District and on the boards of several nonprofits including, Volunteers of America, United Way of Kentucky, and the Louisville Science Center. He holds a B.S. in Business Administration and an M.B.A. from the University of Louisville.
A complete list of the Board of Trustee members can be found at https://www.accountingfoundation.org/trustee.