The Financial Accounting Foundation has named David Sundstrom, auditor-controller for Orange County, Calif., to the Governmental Accounting Standards Board, which is overseen by the FAF.
Sundstrom begins his five-year term on the GASB July 1, when he will become one of six part-time members serving on the seven-member board. He succeeds Richard Tracy, the retired director of audits for Portland, Ore., who concludes his second term on the GASB June 30.
"During his distinguished career in public sector finance and auditing, David has demonstrated a strong commitment to serving citizens through transparency in financial reporting, making him an outstanding addition to the board," FAF chairman John Brennan said in a statement.
Immediately after Orange County's bankruptcy in 1995, Sundstrom joined the county as its director of internal audit and helped lead its recovery, according to the GASB statement. He was elected as the county auditor-controller in June 1998.
Before joining the county, he was the auditor for the California State University System from 1989 to 1996 and campus audit manager for the University of California-Davis from 1980 to 1989. He is also a member of numerous professional and community organizations.
Sundstrom received his master's of business administration in finance-accounting and management information systems from UC-Davis, and his bachelor's of arts in management from Sonoma State University.