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U.S. Securities and Exchange Commission

Paul Beswick Named as Senior Advisor to the Commission's Chief Accountant


Washington, D.C., Oct. 10, 2007 - Conrad W. Hewitt, the Commission's Chief Accountant, announced today that Paul A. Beswick has been named to serve in the SEC Office of the Chief Accountant as a senior advisor. In this capacity, Mr. Beswick 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.

"I am very pleased that Paul has agreed serve in a senior advisory role," said Mr. Hewitt. "His background in standard setting at the FASB, and his role at Ernst & Young where he participated in the audit of several large multinational corporations and in a consultative role on complex technical matters, will be invaluable in serving the interest of investors."

Prior to joining the Commission, Mr. Beswick was a Partner with Ernst & Young, LLP, where he worked in the firm's Professional Practice and Risk Management — Accounting Group. Mr. Beswick previously served as a FASB practice fellow from July 2005 through June 2007.

Mr. Beswick is a graduate of Miami University in Oxford, Ohio.



Modified: 10/10/2007