Career moves

Still reeling from the critics who lambasted the Small Business Administration for its glacial pace in administering disaster loans following Hurricanes Katrina and Rita, the agency has named Patrick Rea to head the relief program.

Don Ogilvie, who served as president and chief executive of the American Bankers Association for two decades, has joined Big Four firm Deloitte as senior advisor to the firm’s banking and finance industry group.

The Internal Revenue Service has announced five director-level appointments in its Large and Mid-Size Business Division, which serves corporations, Subchapter S corporations and partnerships with assets greater than $10 million.New directors were named for four of the LMSB's five industries, as well as for the LMSB's pre-filing and technical guidance unit. Among the changes:

The Securities and Exchange Commission announced that Diego Tomás Ruiz, a long-time business executive with Spanish-language media group Univision Communications Inc., will serve as its new executive director.As the SEC's chief operating officer, Ruiz will oversee the agency's programs relating to budget planning and execution, the preparation of the agency's financial statements, human resources and employee relations, and administration of agency facilities. He will succeed Jim McConnell, who had served in the position since 1990, and retired this June.

Erik R. Sirri, an economist with expertise in the structure of securities markets, has been named the new director of market regulation at the Securities and Exchange Commission."Erik brings to the SEC an exceptional insight into the future of securities exchanges, which has been a major focus of his work, and which will be indispensable in safeguarding the interests of investors as capital markets around the globe rapidly converge," said SEC Chairman Christopher Cox.

Shyam Sunder began his term as the 2006-07 president of the American Accounting Association in mid-August.Sunder, the James L. Frank Professor of Accounting, Economics and Finance at the Yale School of Management, delivered his presidential address, "Imagined Worlds of Accounting," in Washington at the AAA 2006 Annual Meeting.

Accume Partners, a provider of internal auditing, Sarbanes-Oxley compliance, and risk management services, has named former UHY Advisors chief executive James B. McGuire as its president and chief operating officer.

The man who oversaw Freddie Mac's earnings restatement, as well as its financial reporting improvements, has joined the Public Company Accounting Oversight Board.

The era of Doug Burgum is almost over. That of Satya Nadella is just beginning.

Microsoft ended its search for a new leader for its Microsoft Business Solutions unit, naming insider Satya Nadella to succeed senior vice president Doug Burgum as head of the division which oversees Microsoft Dynamics and Small Business Products.

The global managing partner of KPMG's Audit & Advisory Services Center has been given the additional role of global chief information officer for KPMG International.

Edward W. Trott, a member of the Financial Accounting Standards Board since 1999, will step down from his position in June 2007.

Colleen Cunningham, who transitioned from an early career in public accounting to become chief accountant at AT&T and eventually, the head of Financial Executives International, will step down as chief executive of the 15,000-member group headquartered in Florham Park, N.J.

Sage Software announced the promotion of Karl Grass to senior vice president and general manager of its Specialized Business Solutions unit. He will assume a leadership role for Sage Abra HRMS, Sage FAS Fixed Assets, Sage Payroll Services and Sage TimeSheet, as well as additional products.

The executive vice chair of operations for KPMG LLP will take on the additional position of regional chief operating officer for the Americas region of KPMG International.

The Securities and Exchange Commission has released some enforcement statistics through July -- 10 month's into the agency's 2006 fiscal year.

* Arizona

People

People

People