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2002-08-07T00:00:00.000Z

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Wrong Donald Kirk?

Mr. Donald J. Kirk

HQ Phone: (212) 306-1000

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American Stock Exchange LLC

86 Trinity Place

New York, New York 10006

United States

Company Description

The American Stock Exchange® (Amex®) offers trading across a full range of equities, options and exchange traded funds (ETFs), including structured products and HOLDRSSM. In addition to its role as a national equities market, the Amex is the pioneer of th ... more

Find other employees at this company (155)

Background Information

Employment History

Accounting Professor and Chairman of the Accounting Standards Board

Columbia Business School

Chairman

FASB

Partner

Price Waterhouse LLP.

Affiliations

POB Member
New York State Society of CPAs

Vice Chair
Public Oversight Board

Chairman
Financial Accounting Standards

Member of Board of Governors
National Association of Securities Dealers , Inc.

Web References (51 Total References)


toledoblade.com

www.toledoblade.com [cached]

Donald Kirk, former chairman of the Financial Accounting Standards Board and vice chairman of the now defunct Public Oversight Board, is another name floated for consideration.

He said well-known people would be a big plus for the new board, but such people may not be able to take the job.
By law, board members must be full time and can't receive any compensation other than retirement benefits from public companies or accounting firms.
...
Mr. Kirk is a public governor for the American Stock Exchange and heads the audit committees for the National Association of Securities Dealers and Fidelity mutual funds.Requiring supervisory board members to sever such relationships could make the job very unattractive, Mr. Kirk said.
Congress set out a clear agenda for the board, ordering it to inspect, investigate, and discipline accounting firms.Other details, including pay, remain sketchy.
Because the new board isn't a federal agency, salaries are expected to be in line with those of the Financial Accounting Standards Board, whose members receive $435,000, and whose chairman is paid $535,000 a year.
Location of the new board is unclear, with some suggesting it be in New York, the business and financial center, rather than Washington.


SEC looks to fill oversight panel

www.suntimes.com [cached]

Donald Kirk, former chairman of the Financial Accounting Standards Board and vice chairman of the now defunct Public Oversight Board, is another name floated for consideration.

"I've said I'd give it serious consideration, but nobody has sounded me out in any official capacity," Kirk said in an interview Friday.
Well-known figures would be a big plus for the new board, but may not be able to take the job, Kirk added.
By law, board members must be full-time and can't receive any compensation other than retirement benefits from public companies or accounting firms.
...
Kirk is a public governor for the American Stock Exchange and chairs the audit committees for the National Association of Securities Dealers and Fidelity mutual funds.Requiring oversight board members to sever such relationships could make the job very unattractive, Kirk said.
Congress set out a clear agenda for the board, ordering it to inspect, investigate and discipline accounting firms.Other details, including pay, remain sketchy.
Since the new board isn't a federal agency, salaries are expected to be in line with the Financial Accounting Standards Board, whose board members receive $435,000 and whose chairman is paid $535,000 a year.
Location of the new board is unclear, with some suggesting it be in New York, the business and financial center, rather than Washington, D.C.
...
Striking a balance with the SEC is essential, said Kirk."I don't think people will be attracted to the board if there's a feeling that everything they do is going to be second-guessed," he said.
Kirk could be a controversial choice.Although he was a well-regarded FASB chair, critics think he has been too close to big accounting firms and may be unwilling to crack down on accountants.


Public Oversight Board/News/2_9_01

www.publicoversightboard.org [cached]

The current Board members are Charles A. Bowsher, Chair of the POB and former Comptroller General of the United States; Donald J. Kirk, Vice Chair of the POB and former Chairman of the Financial Accounting Standards Board; Melvin R. Laird, former Congressman and Secretary of Defense; Aulana L. Peters, former SEC Commissioner; and Norman R. Augustine, former Chairman and CEO of Lockheed Martin Corporation and Under Secretary of the Army.


Donald James Kirk ...

www.wapipedia.com [cached]

Donald James Kirk


SOA Discussion Forums

forums.soa.org [cached]

As one example, officials say that Mr. Pitt strongly favors Donald J. Kirk, a Columbia Business School professor, for one board seat, while other commissioners think Mr. Kirk is too sympathetic to the industry.

...
As one example, officials say that Mr. Pitt strongly favors Donald J. Kirk, a Columbia Business School professor, for one board seat, while other commissioners think Mr. Kirk is too sympathetic to the industry.

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