Media Advisory 04-28-22

FASB Names New Member to Its Investor Advisory Committee

Norwalk, CT, April 28, 2022—The Financial Accounting Standards Board (FASB) today announced the appointment of Heather McPherson of T. Rowe Price to its Investor Advisory Committee (IAC).

The IAC works closely with the FASB to ensure that investor perspectives are effectively communicated to the FASB during the development of accounting standards. It advises the FASB on broad topics on the FASB’s agenda, emerging trends, and other areas of interest to investors. IAC membership includes a mix of buy-side and sell-side investors, credit and equity analysts, and ratings agencies.

Ms. McPherson is an associate portfolio manager for the Equity Income Strategy in the U.S Equity division of T. Rowe Price. She previously served as co-portfolio manager for the Institutional U.S. Large-Cap Value Strategy and as an investment analyst covering utilities and forest products.

“Heather McPherson brings extensive experience and a unique investor voice to the IAC,” stated FASB Chair Richard R. Jones. “We look forward to the knowledge and insights she'll bring to our discussions with the IAC in its role to advise the FASB on developing standards that give investors information they will use in their capital allocation decisions.”

For more information about the IAC and its activities, visit