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U.S. Securities and Exchange Commission

Joseph Ucuzoglu Named as Senior Advisor to the Commission's Chief Accountant


Washington, D.C., Feb. 12, 2007 - Conrad W. Hewitt, the Commission's Chief Accountant, announced today that Joseph B. Ucuzoglu has been named to serve in the SEC Office of the Chief Accountant as a senior advisor. In this capacity, Mr. Ucuzoglu will advise the chief accountant on complex accounting and auditing matters, and will assist in the development of strategic objectives that need to be pursued as part of the Office's agenda.

Most recently, Mr. Ucuzoglu has been serving as a Professional Accounting Fellow in the Office of the Chief Accountant. In this capacity, he has primarily focused on a variety of accounting and reporting matters including the accounting for stock-based compensation, revenue recognition, income taxes, and business combinations.

"I am very pleased that Joe has agreed to extend his stay and take on a senior advisory role," said Mr. Hewitt. "His extensive expertise in the accounting and auditing rules, along with the knowledge of the Commission he gained during his Professional Accounting Fellowship, will be invaluable as we work to implement our Office's agenda in the interest of investors."

Prior to joining the Commission, Mr. Ucuzoglu was a senior manager with Deloitte & Touche, LLP, where he worked in the firm's National Office Accounting Services Group.

Mr. Ucuzoglu is a graduate of the University of Southern California.



Modified: 02/12/2007