PCAOB Board Statement on Passing of Former Chairman Mark W. Olson

We were saddened to hear of the passing of Mark W. Olson, who served as PCAOB Chairman from 2006 to 2009.  Chairman Olson oversaw significant growth and maturation of the organization as he guided the Board through a challenge to its constitutionality and the global financial crisis.  He led the PCAOB’s outreach to foreign audit regulators, which he saw as vital to promoting audit quality.  Chairman Olson was well-respected by our entire organization for his thoughtful and inclusive leadership.  We extend our deepest sympathies to his family and friends.