The trustees of the Financial Accounting Foundation (FAF) have reappointed Chair Candace Wright to the Private Company Council
(PCC) for a third, two-year term and have appointed David Pesce as a PCC member. The
terms of both Ms. Wright and Mr. Pesce begin on January 1, 2022.
In addition, the FAF trustees have appointed Elizabeth Pearce as chair of the Governmental
Accounting Standards Advisory Council (GASAC). Ms. Pearce’s term begins on January