Media Advisory 04-20-21

FASB Names Three New Members to Its Small Business Advisory Committee

Norwalk, CT, April 20, 2021—The Financial Accounting Standards Board (FASB) today announced the appointment of three new members to its Small Business Advisory Committee (SBAC), effective immediately.

The new members are:
  • Jessica R. Doran, Chief Financial Officer, Pzena Investment Management
  • Richard E. Forrestel Jr., Treasurer, Cold Springs Construction
  • Jonathan Tomazic, Partner, Marcum LLP.
The SBAC serves as a standing resource for the FASB. Its role is to provide focused input and feedback from a small public company perspective, consider whether there are differences in perspectives for small public versus private companies, and assist the FASB and its staff on matters for which the FASB may seek guidance.

“Jessica, Richard, and Jonathan bring deep experience and unique perspectives to the SBAC on the financial reporting of smaller- and medium-sized businesses,” stated FASB Chair Richard R. Jones. “I look forward to their contributions to SBAC discussions on how the FASB can best serve this important stakeholder group and its investors.”

For more information about the SBAC and its activities, visit