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Stock impact report

Republican Aide Gets $673,000-a-Year Job Regulating Auditors [Fortune]

Exelon Corporation (EXC) 
Last exelon corporation earnings: 2/11 06:50 am Check Earnings Report
US:NYSE Investor Relations: exeloncorp.com/investor-relations
Company Research Source: Fortune
William Duhnke, a longtime Republican Senate aide, just got a significant pay bump. The U.S. Securities and Exchange Commission named him Tuesday to lead the the front-line regulator of U.S. accounting firms, a job that pays $673,000 per year. As a key staff member for former Senate Banking Committee Chairman Richard Shelby, Duhnke has knowledge of financial issues, but he lacks any experience in the auditing profession. Duhnke will replace James Doty, who has run the Public Company Accounting Oversight Board since 2011. He was named along with J. Robert Brown, Kathleen M. Hamm, James G. Kaiser and Duane M. DesParte, who will serve as board members, the SEC said in a statement. “Bill, Jay, Kathleen, Jim, and Duane bring substantial experience to the board and a shared commitment to serve in the interests of our Main Street investors,” said SEC Chairman Jay Clayton. “Their individual and collective talents position the PCAOB to execute its mission effectively in our local, n Show less Read more
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