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Send your news of firm moves and promotions to Assistant Editor Caitlin Bailey O'Neill at or CSCPA,
716 Brook Street, Suite 100, Rocky Hill, CT 06067-3433. Headshot photographs will also be published as space allows.
Firm Moves and
Richard H. Gesseck
joined J.H. Cohn LLP
as an audit partner.
Kenneth P. Pascoe joined Bagge,
Cennamo & Company, LLP in
Windsor as a partner, with the firm
changing its name to Bagge,
Cennamo & Pascoe, LLP.
BlumShapiro announced the appoint-
ment of William C. Franzon as tax
The Board of Trustees of the
Financial Accounting Foundation
(FAF) approved the election of
CSCPA member Teresa S. (Terri)
Polley as its president and chief
executive officer (CEO). Polley is
the first person to hold the title of
CEO in the 38-year history of the
FAF, which is the independent, pri-
vate-sector organization responsible for the oversight,
administration, and finances of the Financial Accounting
Standards Board (FASB), the Governmental Accounting
Standards Board (GASB), and their Advisory Councils.
Since being appointed president of the FAF in 2008, Polley
has played a key role in positioning the foundation and its
standard-setting boards to successfully meet the challenges
of rapidly-changing economic and regulatory environments.
This includes implementing initiatives to enhance the foun-
dation's outreach to investors and other key constituents,
establishing partnerships with professional accounting
organizations to address issues in private-company finan-
cial reporting, and working to achieve permanent funding for
the GASB critical to its continued independence. Recently,
Accounting Today named her as one of its "10 Worth
Watching," a designation honoring women in leadership
roles in the accounting industry.
A resident of Norwalk, Polley is active in her local communi-
ty, serving on the boards of directors of the Greater Norwalk
Chamber of Commerce and Malta House in Norwalk, as
well as co-chairing the annual SpinOdyssey fundraiser for
breast cancer research.
Teresa S. Polley Named President and CEO
of the Financial Accounting Foundation