SEC Press press_release 60 KB 1,460 chars

Mark Kronforst Named Chief Accountant In Division Of Corporation Finance

Release
2013-220
summary

Mark Kronforst was appointed Chief Accountant of the SEC’s Division of Corporation Finance, succeeding Craig Olinger, with no fraud, charges, or misconduct involved—only a routine personnel transition highlighting his accounting expertise and prior SEC and private-sector experience.

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Mark Kronforst has been named Chief Accountant of the SEC’s Division of Corporation Finance, succeeding Craig Olinger, who will remain as deputy chief accountant. Kronforst brings extensive experience from senior roles at KPMG and Solectron Corporation, as well as prior positions within the SEC, including deputy chief accountant and associate director for disclosure operations. There are no allegations of fraud, financial penalties, or legal violations—this is purely an administrative appointment aimed at strengthening financial reporting oversight.

narrative

Mark Kronforst has been appointed as the new Chief Accountant of the SEC’s Division of Corporation Finance, succeeding Craig Olinger, who will continue serving as deputy chief accountant. Kronforst brings over a decade of experience within the SEC, having served since 2010 as associate director for disclosure operations and previously as deputy chief accountant. Before joining the SEC, he held key roles as director of financial reporting at Solectron Corporation and as an audit senior manager at KPMG LLP. He holds a Bachelor of Accounting degree from the University of Minnesota-Duluth and is a certified public accountant. The SEC leadership praised his deep knowledge of accounting standards and federal securities disclosure requirements. There are no allegations of fraud, misconduct, or financial penalties associated with this announcement—it is a routine, non-punitive personnel change designed to enhance the division’s financial reporting oversight. His appointment reflects institutional continuity and a focus on strengthening regulatory expertise.

Enriched metadata

Scheme
non-corporate (100%)
Classified non-corporate(confidence 100%). No EDGAR filing fingerprint (criminal/DOJ-side scheme). detection rule →
Parties
audit senior manager at kpmg llpcraig olingerdeputy chief accountantdirector of financial reporting at solectron corporationkeith higginsmark kronforst
Keywords
chief accountantdivisionkronforstdivision corporationcorporation financeaccountantchiefmark kronforstaccountant divisioncorporationkronforst namednamed chiefmarkfinancefinance mark

Extracted insights

Entities 6
  • company audit senior manager at kpmg llp
  • person craig olinger
  • person deputy chief accountant
  • company director of financial reporting at solectron corporation
  • person keith higgins
  • person mark kronforst
Triples 10
  • Mark Kronforst named Chief Accountant of Division of Corporation Finance
  • Mark Kronforst served as Associate Director for Disclosure Operations
  • Mark Kronforst served as Deputy Chief Accountant
  • Mark Kronforst was Director of Financial Reporting at Solectron Corporation
  • Mark Kronforst was Audit Senior Manager at KPMG LLP
  • Mark Kronforst received Bachelor of Accounting degree from University of Minnesota-Duluth
  • Mark Kronforst is Certified Public Accountant
  • Craig Olinger succeeded by Mark Kronforst
  • Craig Olinger continues as Deputy Chief Accountant
  • Keith Higgins is Director of Division of Corporation Finance
View original SEC press releasesec.gov
Extracted body text (1,460c)
The Securities and Exchange Commission today announced that Mark Kronforst has been named chief accountant of its Division of Corporation Finance. “I am very pleased that Mark Kronforst has agreed to serve as the chief accountant in the Division of Corporation Finance,” said Keith Higgins, Director of the Division of Corporation Finance. “Mark combines a deep knowledge of accounting and experience in the private sector with a broad understanding of the disclosure requirements of the federal securities laws. His skills and experiences will serve us well as we address important financial reporting issues.” Mr. Kronforst has been one of the division’s associate directors for disclosure operations since October 2010. He previously served in several positions within the division including as the division’s deputy chief accountant. Before joining the SEC, Mr. Kronforst was the director of financial reporting for Solectron Corporation and an audit senior manager at the accounting firm of KPMG LLP. “I am honored to take on this important role. I am also excited to return to this office and work with the very talented staff to further the division’s mission,” Mr. Kronforst said. Mr. Kronforst succeeds Craig Olinger, the division’s acting chief accountant, who will continue to serve as its deputy chief accountant. Mr. Kronforst received his Bachelor of Accounting degree from the University of Minnesota-Duluth and is a certified public accountant.
OCR text (1,460c · plain-text · 99% conf)
The Securities and Exchange Commission today announced that Mark Kronforst has been named chief accountant of its Division of Corporation Finance. “I am very pleased that Mark Kronforst has agreed to serve as the chief accountant in the Division of Corporation Finance,” said Keith Higgins, Director of the Division of Corporation Finance. “Mark combines a deep knowledge of accounting and experience in the private sector with a broad understanding of the disclosure requirements of the federal securities laws. His skills and experiences will serve us well as we address important financial reporting issues.” Mr. Kronforst has been one of the division’s associate directors for disclosure operations since October 2010. He previously served in several positions within the division including as the division’s deputy chief accountant. Before joining the SEC, Mr. Kronforst was the director of financial reporting for Solectron Corporation and an audit senior manager at the accounting firm of KPMG LLP. “I am honored to take on this important role. I am also excited to return to this office and work with the very talented staff to further the division’s mission,” Mr. Kronforst said. Mr. Kronforst succeeds Craig Olinger, the division’s acting chief accountant, who will continue to serve as its deputy chief accountant. Mr. Kronforst received his Bachelor of Accounting degree from the University of Minnesota-Duluth and is a certified public accountant.