San Francisco, July 17, 2018 (GLOBE NEWSWIRE) -- The SASB Foundation, an independent 501(c)3 non-profit that is responsible for the funding and oversight of the Sustainability Accounting Standards Board (SASB), today announced the appointment of Kenneth Goldman to its board of directors. Mr. Goldman will serve a three-year term that begins immediately.
Mr. Goldman currently serves as the president of Hillspire, a Family Office, responsible for financial and administrative functions, along with real estate, aviation and maritime activities. From 2012-2017, Mr. Goldman served as the chief financial officer (CFO) of Yahoo! where he was responsible for global finance. During a professional career spanning over forty years, Mr. Goldman has served as the CFO of multiple public and private companies.
Mr. Goldman also brings to SASB a deep understanding of corporate governance, having served as board director, audit committee chairman, and in financial advisory roles at more than 40 corporate boards, of which over 10 have gone public while he was a board member. In January 2015, Mr. Goldman was appointed to a three-year term to the Public Company Accounting Oversight Board’s (PCAOB’s) Standing Advisory Group (SAG), an organization that provides advice on the need to formulate new accounting standards or change existing standards. He was also a member of the Treasury Advisory Committee on the Auditing Profession (2007-2008), a public committee that made recommendations to encourage a more sustainable auditing profession. From December 1999 to December 2003, Mr. Goldman served on the Financial Accounting Standards Advisory Council (FASAC).
Mr. Goldman currently serves on the board of directors of NXP Semiconductor, Trinet, RingCentral, Zuora, and GoPro, Inc.; and other non-profit boards, including Lucile Packard Children's Hospital Foundation Board and the Robert F. Kennedy Human Rights Board.
“Ken’s business leadership, coupled with a deep knowledge of corporate finance and accounting, will be instrumental to SASB as we codify and launch the SASB standards later this year,” said Bob Steel, Chair of the SASB Foundation Board of Directors. “We welcome him to the board and look forward to benefiting from his business expertise and insights.”
“I am delighted to join the SASB Foundation board of directors,” Mr. Goldman said. “I have seen first-hand, at many companies, how sustainability factors drive business performance and value-creation, and will be even more important in the future. I firmly believe that sustainability, value creation and profitability go hand-in-hand, and so I’m very excited to support SASB’s mission.”
The SASB Foundation board of directors appoint the members of the SASB and oversee the standards-setting process. For more information on the SASB Foundation’s board, click here. To read more on the SASB’s standards, click here.
About SASB
Established in 2011, the Sustainability Accounting Standards Board (SASB) is an independent, private-sector standards-setting organization dedicated to enhancing the efficiency of the capital markets by fostering high-quality disclosure of material sustainability information that meets investor needs. The SASB develops and maintains sustainability accounting standards that help companies disclose financially material information to investors in a cost-effective and decision-useful format. The SASB’s transparent, inclusive, and rigorous standards-setting process is materiality focused, evidence-based and market informed.
For more information, visit www.sasb.org and follow us @SASB.
Media Contact
Brad Schomburg
Media Relations Manager, SASB
brad.schomburg@sasb.org