PCAOB Chairman Logothetis and Board Members Calabria and Laughton Sworn In Today

The Public Company Accounting Oversight Board (PCAOB) announced that Demetrios (Jim) Logothetis was sworn in today as Chairman. Dr. Mark A. Calabria and Steven D. Laughton were also sworn in as Board Members. The ceremony took place at the U.S. Securities and Exchange Commission (SEC).

“I am deeply honored to have been appointed to lead the PCAOB, and I am grateful to SEC Chairman Atkins and to Commissioners Peirce and Uyeda for their faith in me to serve in this important role,” said Chairman Logothetis. “Independent oversight of auditors is a critical pillar of the investor confidence that powers the U.S. capital markets, and I look forward to partnering with the SEC, my fellow Board Members, and the PCAOB’s dedicated staff to fulfill our organization’s statutory responsibilities efficiently and effectively.”

Chairman Logothetis was appointed by the SEC on January 30, 2026. His current term expires on October 24, 2030.

Prior to his swearing in, Chairman Logothetis served on the board of The Republic Bank of Chicago, where he chaired the audit committee, and on the advisory council of CrossCountry Consulting, a privately owned consultancy firm. In 2019, he retired from Ernst and Young after 40 years with the firm, during which time held leadership roles that included Vice-Chair of Global Accounts, Managing Partner of the Midwest U.S assurance and advisory practices, and Chairman of the German Business Center in the United States. He also served as Senior Advisor in U.S. Department of Housing and Urban Development’s Office of the Assistant Secretary and Chief Financial Officer, where he led the Audit Coordination Committee for Ginnie Mae.

Chairman Logothetis holds an MBA degree in accounting, finance, and international business from The University of Chicago Booth Graduate School of Business and a B.S. degree in accountancy from De Paul University.

“I would like to express my gratitude to Board Member Botic for his service as Acting Chairman,” added Chairman Logothetis. “He carried out his responsibilities with dedication and professionalism, which has allowed for a seamless transition.”

Board Member Calabria was also appointed by the SEC on January 30, 2026, and his current term will expire on October 24, 2027.

“As is true across the business landscape, change is accelerating in auditing, and the PCAOB continues to have an important role to play to protect investors and drive improvement in audit quality,” said Board Member Calabria. “I am grateful for this opportunity to be a part of the PCAOB’s next chapter.”

Prior to his swearing in, Board Member Calabria was an Associate Director and Chief Statistician with the White House Office of Management and Budget and a Senior Advisor to the Office of the Director of the Consumer Financial Protection Bureau. His prior service includes Director of the Federal Housing Finance Agency, Assistant to the Vice President, Deputy Assistant Secretary with the U.S. Department of Housing and Urban Development, and Senior Economist at the National Association of Realtors.

Board Member Calabria has a B.A and Ph.D. in economics from George Mason University.

Appointed by the SEC on January 30, 2026, Board Member Laughton’s current term will expire on October 24, 2026.

“I'm honored to join the Board and look forward to working with my colleagues to protect investors and strengthen America's capital markets,” said Board Member Laughton.

Prior to his swearing in, Board Member Laughton served as Board Counsel to former Board Member Christina Ho, advising her on all matters that came before the Board.

Before joining the PCAOB in 2022, Board Member Laughton spent more than 30 years with the U.S. Department of the Treasury. His roles at the Treasury Department included Senior Counsel to the General Counsel, where he helped establish the Paycheck Protection Program, and Assistant General Counsel, where he supervised more than 50 attorneys and staff and advised on a wide range of matters, including housing finance reform, financial markets, Dodd-Frank, banking law, fiscal matters, securities law, disclosure, privacy, and advisory committees.

Board Member Laughton holds a B.A. cum laude in political science and French from Tufts University and a J.D. cum laude from Case Western Reserve University School of Law.

The SEC has also appointed Kyle Hauptman to the Board and announced that George R. Botic will continue his service as a Board Member. Board Member Botic’s current term will expire on October 24, 2028.

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About the PCAOB

The PCAOB is a nonprofit corporation established by Congress to oversee the audits of public companies in order to protect investors and further the public interest in the preparation of informative, accurate, and independent audit reports. The PCAOB also oversees the audits of brokers and dealers registered with the Securities and Exchange Commission, including compliance reports filed pursuant to federal securities laws.