PCAOB to Cut Chair’s Pay by More Than Half Amid SEC Pressure

The salary of the Public Company Accounting Oversight Board’s chair would fall 52% while other board members would see a 42% drop under the auditing watchdog’s budget plan for next year, following greater scrutiny of pay from the Securities and Exchange Commission.

The PCAOB on Friday voted unanimously to approve its 2026 budget, which will now head to the SEC for a final signoff.