XBRL Organization Taps New Official

XBRL US named Campbell Pryde as vice president, domain and chief standards officer of the nonprofit consortium, which is setting standards for the use of the Extensible Business Reporting Language in the United States.

XBRL US is currently under contract with the Securities and Exchange Commission to build taxonomies for U.S. generally accepted accounting principles, and develop guidance on creating XBRL-enabled financial statements for preparers. In his new role, Pryde will lead the development and maintenance of taxonomies for the Extensible Markup Language-based business reporting applications in the U.S.

Pryde comes to XBRL US from Morgan Stanley. As executive director of the firm's Institutional Securities Group, he managed its equity research XBRL-based valuation framework.

He has been involved with XBRL since 2001. Most recently he served as chairman of the XBRL US Domain Steering Committee, which is responsible for setting the strategic direction for development of the XBRL US GAAP taxonomies. Prior to joining Morgan Stanley, Pryde was a partner in the risk and advisory practice of KPMG LLP. He is a member of the New Zealand Institute of Chartered Accountants.

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