Founder tapped as PCAOB member

The Securities and Exchange Commission has tapped former Senate Banking Committee official Steven B. Harris to serve on the government agency’s Public Company Accounting Oversight Board.

Mr. Harris, who worked with the Senate Banking Committee from 1981 to 1987, was influential in the creation of the PCAOB, which was established through the Sarbanes-Oxley Act of 2002 to oversee the auditors of public companies.

He is senior vice president and special counsel for Washington-based Apco Worldwide Inc. and begins his new SEC post

June 9.

“Steve Harris’ background as an expert in financial services regulation, together with his reputation as a thoughtful and knowledgeable champion of investors’ interests, make him an excellent choice for this important position,” SEC Chairman Christopher Cox said in a statement.

“His leadership of the Senate Banking Committee staff under former chairman Paul Sarbanes, as well as his private-sector experience, have well prepared him to serve as a PCAOB board member.”

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