FOR IMMEDIATE RELEASE
2000-172

     Division of Corporation Finance Promotes Ten to New
                          Positions

     Washington, DC, November 16, 2000 - Today the
Securities and Exchange Commission's Division of Corporation
Finance announced the promotion of ten current staff members
to the position of Senior Assistant Chief Accountant.  The
position of Senior Assistant Chief Accountant is a newly
created position for the division's disclosure operations
offices.   The Senior Assistant Chief Accountant is
responsible for administering accounting disclosure policy
and the management of the accounting program for the
individual offices under the direction of the Assistant
Directors.

     Division of Corporation Finance Director, David B. H.
Martin said, "The creation of these positions emphasizes our
commitment to accounting issues and our accounting program.
These individuals were selected from a large pool of
qualified candidates.  Their experience and expertise will
bring strength and stability to our management team."

     James A. Allegretto was selected as the Senior
Assistant Chief Accountant in the Office of Consumer
Products.  Mr. Allegretto started his career with the
Commission in the Division of Corporation Finance in 1987.
In 1997, he was promoted to the position of Assistant Chief
Accountant.  Prior to joining the Commission, Mr. Allegretto
worked at the accounting firm of Arthur Young.  Mr.
Allegretto graduated in 1983 from Portland State University.

     Joseph A. Foti was selected as the Senior Assistant
Chief Accountant in the Office of Transportation and
Leisure.  Mr. Foti started his career with the Commission in
the Division of Corporation Finance in 1984.  In 1988, he
was promoted to the position of Assistant Chief Accountant.
Prior to joining the Commission, Mr. Foti worked at the
accounting firm of Touche Ross.  Mr. Foti graduated in 1980
with a B.S from the University of Maryland.

     John M. Hartz was selected as the Senior Assistant
Chief Accountant in the Office of Manufacturing and
Construction.  Mr. Hartz started his career with the
Commission in the Division of Corporation Finance in 1992.
In 1997, he was promoted to the position of Assistant Chief
Accountant.  Prior to joining the Commission, Mr. Hartz
worked at the accounting firm of Coopers & Lybrand.  Mr.
Hartz graduated in 1985 with a B.S. from the University of
Maryland.

     Dennis N. Muse was selected as the Senior Assistant
Chief Accountant in the Office of Computer and OnLine
Services.  Mr. Muse started his career with the Commission
in the Division of Corporation Finance in 1991.  In 1997, he
was promoted to the position of Assistant Chief Accountant.
Prior to joining the Commission, Mr. Muse worked at the
accounting firm of KPMG Peat Marwick.  Mr. Muse graduated
with a B.S. from the University of Virginia.
     
     Carlos Pacho was selected as the Senior Assistant Chief
Accountant in the Office of Telecommunications.  Mr. Pacho
started his career with the Commission in the Division of
Corporation Finance in 1987.  In 1995, he was promoted to
the position of Assistant Chief Accountant.  Prior to
joining the Commission, Mr. Pacho worked at the accounting
firm of KPMG Peat Marwick.  Mr. Pacho graduated in 1978 with
a B.B.A. from the University of the Sacred Heart, Puerto
Rico.

     Margery E. Reich was selected as the Senior Assistant
Chief Accountant in the Office of Electronics and Machinery.
Ms. Reich started her career with the Commission in the
Division of Corporation Finance in 1987.  In 1998, she was
promoted to the position of Assistant Chief Accountant.
Prior to joining the Commission, Ms. Reich worked at the
accounting firms of Coopers & Lybrand and Grant Thornton.
Ms. Reich graduated in 1982 with a B.S. from the University
of Maryland.

     James B. Rosenberg was selected as the Senior Assistant
Chief Accountant in the Office of Health Care and Insurance.
Mr. Rosenberg started his career with the Commission in the
Division of Corporation Finance in 1989.  In 1991, he was
promoted to the position of Assistant Chief Accountant.
Prior to joining the Commission, Mr. Rosenberg worked at the
accounting firms of Ernst & Whinney and M.R. Weiser.  Mr.
Rosenberg graduated in 1980 with a B.A. from Stephen F.
Austin University.

     Barry W. Stem was selected as the Senior Assistant
Chief Accountant in the Office of Natural Resources and
Food.  Mr. Stem started his career with the Commission in
the Fort Worth Regional Office in 1976.  During that time he
held positions as a staff accountant and Branch Chief for
small business issuers. He joined the Division of
Corporation Finance in 1994 and in 1997 he was promoted to
the position of Assistant Chief Accountant. Prior to joining
the Commission, Mr. Stem held executive positions with a
public corporation.  He also worked in public accounting.
Mr. Stem graduated from Texas Christian University.

     Linda M. van Doorn was selected as the Senior Assistant
Chief Accountant in the Office of Real Estate and Business
Services.  Ms. van Doorn started her career with the
Commission in the Division of Corporation Finance in 1985.
In 1990, she was promoted to the position of Assistant Chief
Accountant.  Prior to joining the Commission, Ms. van Doorn
worked at the accounting firm of KPMG Peat Marwick.  Ms. van
Doorn graduated in 1980 with a B.A. from the University of
Georgia.

     Donald A. Walker, Jr. was selected as the Senior
Assistant Chief Accountant in the Office of Financial
Services.  Mr. Walker started his career with the Commission
in the Division of Corporation Finance in 1991.  In 1997, he
was promoted to the position of Assistant Chief Accountant.
Prior to joining the Commission, Mr. Walker worked as a
partner with various public accounting firms.  Mr. Walker
graduated in 1967 with an M.B.A. from Amos Tuck Graduate
School of Business.  He graduated with an A.B. from Amherst
College in 1965.
     
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