A CPA will take over as the Securities and Exchange Commission's chief financial officer and associate executive director of finance.The appointee, Kristine Chadwick, had most recently served as CFO for the Department of Agriculture's Farm Service Agency, Foreign Agricultural Service and Commodity Credit Corp. She oversaw the primary financing arm for an array of domestic and international agricultural programs, with hundreds of field offices nationwide and over $30 billion in borrowing authority. She also previously served in senior positions at the Census Bureau, the Federal Deposit Insurance Corp. and the Resolution Trust Corp., as well as in the private sector at Arthur Andersen.
She will replace Margaret Carpenter, who is retiring in January after 32 years with the federal government. Carpenter had been the SEC's top financial officer since 1997. She directed the preparation of the SEC's first-ever audited financial statements, for the years 2004, 2005 and 2006 - all of which received unqualified opinions from the Government Accountability Office.
