Donald T. Nicolaisen
Donald T. Nicolaisen is the Securities and Exchange Commission's Chief Accountant. Nicolaisen oversees the Commission's accounting policy initiatives and leads the SEC's efforts with national and international standard setters on critical accounting and auditing issues, including international convergence and efforts to adopt principles-based accounting standards.
Mr. Nicolaisen previously served as a senior partner at PricewaterhouseCoopers LLP (PwC), where he held a wide range of management and leadership positions since joining the firm's predecessor, Price Waterhouse (PW), in 1967. Between 1988 and 1994, he led PW's national office for accounting and SEC services. During that time, he was also a member of the Emerging Issues Task Force of the Financial Accounting Standards Board (FASB). He later chaired PW's financial services practice for broker-dealers, investment banking, mutual funds, banking, insurance and real estate.
In appointing Mr. Nicolaisen, SEC Chairman Donaldson said, "Throughout his distinguished career, Don has been a powerful agent of change whose leadership has helped identify, build consensus around and accomplish strategic objectives toward high quality corporate financial reporting and disclosure. I am confident that Don's experience, expertise and enthusiasm will greatly benefit the Commission and the investing public."
Mr. Nicolaisen said, "This is an extremely challenging time for the accounting profession and the nation's financial reporting system, but these challenges provide a fantastic opportunity to improve financial disclosure and help rebuild investor confidence. I am delighted to join the SEC at this critical juncture and look forward to serving America's investors."
Since his election to PW's board of partners in 1994, Mr. Nicolaisen has served on PW's international board, and PwC's global and international boards. He helped lead the merger of PW and Coopers & Lybrand to become PwC, and participated in the firm's decision to exit its consulting business.
Mr. Nicolaisen received his B.A. in Business Administration from the University of Wisconsin, Whitewater, and has been a Certified Public Accountant since 1969. He and his wife, Sandie, have three
children.
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