George Botic to Join Chairman Doty's Office as Special Advisor

Washington, DC, Apr. 28, 2014

The Public Company Accounting Oversight Board announced today that George Botic, Deputy Director in the Division of Registration and Inspections, has been named Special Advisor to Chairman James R. Doty.

"In his 11 years at the PCAOB, George has served an important role in establishing the Board's inspection processes and developing effective working relationships with non-U.S. regulators," Chairman Doty said. "His experience and wise counsel will benefit the interests of investors and make him a valuable addition to my office."

As Special Advisor, Mr. Botic will bring his expertise and extensive knowledge and perspective on firm inspection and remediation activities to advise the Chairman on auditing and accounting issues. He also will represent the Chairman's Office on a broad range of topics in meetings inside and outside the PCAOB.

Mr. Botic will continue his involvement in international cross-border inspection and regulatory policy activities.

"George remains integral to the PCAOB team that is coordinating our international inspection efforts to oversee PCAOB-registered firms around the world. His continued role in these activities, while working in the Chairman's Office, reflects a commitment to further deepen our long-term relationships with international audit oversight bodies," Chairman Doty added.

Mr. Botic served as Deputy Director in the Inspections Division since 2009, where he oversaw the operations of the Non-Affiliated Firm Inspection Program for domestic and non-U.S. registered accounting firms. He also oversaw the inspection reporting for all triennially inspected firms.

Additionally, Mr. Botic served as the Division's representative in all matters related to international regulatory relations, working closely with the Office of International Affairs to establish and maintain cooperative arrangements with non-U.S. regulators.

"I look forward to working more closely with Chairman Doty as his Special Advisor, and serving investors and the PCAOB mission in this new capacity," Mr. Botic said. He begins work in the new position on June 1.

Prior to joining the PCAOB in 2003, Mr. Botic was a senior manager with PricewaterhouseCoopers LLP.