FAF President to Step Down

FAF president and CEO Teresa S. Polley has announced that she will resign from the organization.

Ms. Polley joined the FAF in 1987 and became president in 2008 and CEO in 2010. She will remain with the FAF until details of a leadership transition are finalized. John W. Auchincloss will serve as acting president until a replacement is made.

For more information, see the press release on the FASB’s Web site.