SEC Names Sagar Teotia As Chief Accountant

The Securities and Exchange Commission today announced that Sagar Teotia has been named the agency’s Chief Accountant. As Chief Accountant, Mr. Teotia will serve as the principal advisor to the Commission on accounting and auditing matters, and will lead the 45 dedicated staff in the Commission’s Office of the Chief Accountant. He also will be responsible for assisting the Commission with discharging its oversight of the Financial Accounting Standards Board and the Public Company Accounting Oversight Board. “In his role as acting Chief Accountant, Sagar has skillfully continued the exceptional leadership of the office and clearly has the support of his colleagues,” said SEC Chairman Jay Clayton.