Jay Hanson Resigns from PCAOB

January 19, 2017

RSM McGladrey’s Jay Hanson has resigned from the Public Company Accounting Oversight Board (“PCAOB”). Announced on December 23, 2016, Hanson’s resignation was unexpected and comes two years before his second term was supposed to end. Hanson gave no reason for, or indication of, stepping down, but his last public decision was being the sole objecting vote against the PCAOB’s budget for 2017.

No explanation was given for Hanson’s resignation, and the PCAOB has not indicated when his replacement would be announced.