FAF Appoints DeSantis President

The Financial Accounting Foundation (FAF), which serves as the umbrella organization for the Financial Accounting Standards Board and Governmental Accounting Standards Board, appointed Robert DeSantis as President and COO. DeSantis primarily has worked in the telecommunications industry and has been an executive with DSL, Tellium, Citizens Communications and GTE. A number of board members were also appointed or re-appointed, including FAF chairman Robert Denham and new member Rick Anderson.