NEWS RELEASE 04/29/10

Financial Accounting Foundation Appoints Jodi Dottori Chief of Staff

Norwalk, CT, April 29, 2010—The Financial Accounting Foundation (FAF) announced that Jodi Dottori, Vice President and General Counsel, has been appointed to the newly created position of Chief of Staff. In assuming this new role, Mr. Dottori is stepping out of the position of General Counsel and will be focusing his attentions on working with the FAF President and Board of Trustees to prioritize and execute on organizational goals and objectives. He will be responsible for major project initiatives, including further development of the FAF’s due process oversight function, implementation of findings and recommendations of the FAF Trustees’ Standard-Setting Process Oversight Committee, and implementation of strategic planning initiatives.

Mr. Dottori joined the FAF in 2006 as its General Counsel and was elected an officer and Vice President of the FAF in 2009. Previously, he served as Assistant General Counsel for DSL.net, and held senior legal and management positions with Priceline.com. He earned a Juris Doctorate degree from the Catholic University of America’s Columbus School of Law and a Bachelor of Arts degree in political science and economics from Denison University.

“We are very pleased to have Jodi Dottori in this key new role of Chief of Staff,” stated FAF President Teresa S. Polley. “Jodi’s background as General Counsel for the last several years will be of great value as he takes on responsibility for several key initiatives, and we look forward to his continuing contributions to the achievement of the FAF’s strategic objectives.”


About the Financial Accounting Foundation

The FAF is responsible for the oversight, administration, and finances of both the Financial Accounting Standards Board and its counterpart for state and local government, the Governmental Accounting Standards Board. The FAF also is responsible for selecting the members of both Boards and their respective Advisory Councils.

About the Financial Accounting Standards Board

Since 1973, the Financial Accounting Standards Board has been the designated organization in the private sector for establishing standards of financial accounting and reporting. Those standards govern the preparation of financial reports and are officially recognized as authoritative by the Securities and Exchange Commission and the American Institute of Certified Public Accountants. Such standards are essential to the efficient functioning of the economy because investors, creditors, auditors, and others rely on credible, transparent, and comparable financial information. For more information about the FASB, visit our website at www.fasb.org.