Mark Walter Olson (March 17, 1943 – September 12, 2018) was an American economist and bank executive who served as a member of the Federal Reserve Board of Governors from 2001 to 2006. Filling an unexpired term to end on January 31, 2010, he resigned on June 21, 2006, in order to run the Public Company Accounting Oversight Board.

In 1965, he received a B.A. in economics from St. Olaf College. In 2003, St. Olaf College named him a Distinguished Alumni.

During his time on the Board, he served as the Board's administrative governor, as Chairman of the Board's Committee on Consumer and Community Affairs, as a member of the Committee on Supervisory and Regulatory Affairs, and as a member of the Committee on Federal Reserve Bank Affairs.

On June 8, 2009, he announced his resignation as chairman of the PCAOB to be effective July 31, 2009, for personal reasons.

In September 2009, he became Co-Chair of Treliant Risk Advisors LLC, a compliance and strategic advisory firm for the financial services industry. He occasionally appeared on CNBC to provide insights and opinions on industry and regulatory issues.

Personal life

In 2004, Olson married Renee Korda and had two children, Ben and Stephanie.

References

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; Endnotes

  • Statements and Speeches of Mark Walter Olson