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SEC Names New PCAOB Chair and Board Members
Demetrios Logothetis appointed as PCAOB chair, along with three new board members
Jan. 30, 2026 at 5:31pm
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The Securities and Exchange Commission has appointed Demetrios (Jim) Logothetis as the new chairman of the Public Company Accounting Oversight Board (PCAOB), along with three new board members: Mark Calabria, Kyle Hauptman, and Steven Laughton. The new leadership team is expected to bring fresh perspectives and drive improvements in audit quality.
Why it matters
The PCAOB plays a critical role in overseeing the auditing of public companies to protect investors. The appointment of a new chair and board members signals an opportunity for the PCAOB to refocus on its core mission under new leadership.
The details
Logothetis, who previously served as a partner at Ernst & Young for 40 years, will take over as PCAOB chair. The other new board members include Mark Calabria, currently an associate director and chief statistician at the Office of Management and Budget, Kyle Hauptman, the current chairman of the National Credit Union Administration, and Steven Laughton, who has spent over 30 years at the U.S. Department of the Treasury.
- The SEC announced the new PCAOB leadership on January 30, 2026.
- Logothetis' term as PCAOB chair will end on October 24, 2030.
- Calabria's term will end on October 24, 2027.
- Hauptman's term will end on October 24, 2029.
- Laughton's term will end on October 24, 2026.
The players
Demetrios (Jim) Logothetis
Newly appointed chairman of the PCAOB, previously served as a partner at Ernst & Young for 40 years.
Mark Calabria
New PCAOB board member, currently an associate director and chief statistician at the Office of Management and Budget.
Kyle Hauptman
New PCAOB board member, currently the chairman of the National Credit Union Administration.
Steven Laughton
New PCAOB board member, previously spent over 30 years at the U.S. Department of the Treasury.
Paul Atkins
Chairman of the SEC, announced the new PCAOB leadership appointments.
What they’re saying
“I am confident that this new Board will usher in a new day at the PCAOB —one of sensible, efficient oversight of auditors. The newly appointed Chairman and Board members have already demonstrated a profound commitment to protecting investors and responsible use of such funds by accepting compensation much more in line with the ethos of public service. I look forward to working with this Board as it refocuses on the PCAOB's core statutory mission—protecting investors and furthering the public interest in the preparation of informative, accurate, and independent audit reports.”
— Paul Atkins, SEC Chairman (accountingtoday.com)
What’s next
The new PCAOB chair and board members are expected to be sworn in over the next few weeks, marking the start of their tenures.
The takeaway
The SEC's appointment of a new PCAOB leadership team signals an opportunity for the accounting oversight body to refocus on its core mission of protecting investors through improved audit quality and oversight.
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