Edmund L. Jenkins has been named chairman of the Financial Accounting Standards Board. Mr. Jenkins recently retired as managing partner of the Professional Standards Group of Arthur Andersen LLP's worldwide practice.

The appointment was announced by J. Michael Cook, chairman and chief executive officer of Deloitte & Touche LLP and chairman of the Financial Accounting Foundation, which funds, oversees, and appoints the members of the FASB and the Governmental Accounting Standards Board. Mr. Jenkins' five-year term begins July 1.

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