George R. Botic Appointed as Acting Chair of PCAOB

According to PANews, the U.S. Securities and Exchange Commission (SEC) has announced that George R. Botic will assume the role of Acting Chair of the Public Company Accounting Oversight Board (PCAOB) starting July 23, 2025. This appointment follows the resignation of the current chair, Erica Y. Williams, on July 22. Botic has been a member of the PCAOB board since October 2023 and has previously served as the Director of the Registration and Inspections Division, among other key positions.