🚀Financial Accounting Foundation Names New Leaders
Big changes are coming to the Financial Accounting Foundation as they welcome Dalia O. Blass as the new Board chair and Erin Hill as the new executive director. Their leadership is expected to bring fresh perspectives and strategic advancements to the organization.
Key Points
- •📅 Mark Your Calendar: Dalia Blass begins her term as Board chair on January 1, 2026.
- •🗓️ Joining Soon: Erin Hill starts as executive director on October 1, 2025.
- •🔄 Leadership Transition: Current Chair Edward C. Bernard's term ends December 31, 2025.
- •🏢 Leadership Background: Blass has a rich history at Sullivan & Cromwell LLP and BlackRock Inc.
- •💼 Executive Expertise: Hill brings over 30 years of experience from BNY Mellon and JP Morgan Chase.
👩⚖️ The New Chairwoman
Dalia O. Blass is set to take the helm as the new chair of the Financial Accounting Foundation Board of Trustees starting January 1, 2026. Her impressive resume includes her role as senior investment management partner at Sullivan & Cromwell LLP, where she provided strategic and regulatory advice to asset managers and funds. Before that, Blass held significant positions at BlackRock Inc. and the U.S. Securities and Exchange Commission. With such a diverse background, Blass is expected to bring a wealth of knowledge and experience to the FAF. > "Our organization and our stakeholders will benefit from their talents and leadership for many years to come," said current FAF Chair Edward Bernard.
💼 Meet the New Executive Director
Erin Hill is no stranger to Wall Street, with over 30 years of experience under her belt. Joining the FAF on October 1, 2025, Hill previously served as the Chief Administrative Officer at BNY Mellon and held various high-profile roles at JP Morgan Chase. Her journey began as an auditor at Arthur Andersen, and she has since climbed the corporate ladder to lead major financial divisions. Hill's expertise in consumer banking, wealth management, and corporate law makes her a formidable addition to the FAF team.
📜 About the Financial Accounting Foundation
Established in 1972, the Financial Accounting Foundation (FAF) is an independent, private-sector, not-for-profit organization based in Norwalk, CT. The FAF oversees the Financial Accounting Standards Board (FASB) and the Governmental Accounting Standards Board (GASB), which set financial accounting and reporting standards known as GAAP. The FAF Board of Trustees, comprising 14-18 members from diverse backgrounds, ensures the effective stewardship of FASB and GASB, promoting and protecting their independence.