President Bush has selected the vice chairman of the Financial Industry Regulatory Authority — previously the National Association of Securities Dealers — to serve as the new IRS commissioner.
Douglas H. Shulman also previously served as the vice president of Darby Overseas Investments, according to the White House.
It said before that Douglas served as a senior policy advisor and chief of staff of the National Commission on Restructuring the IRS.
Doug is a highly capable executive with extensive management experience and a proven ability to provide innovative leadership to a large organization," said Treasury secretary Henry Paulson.
"His energy, creativity, strong management skills, and technology experience will ensure that the IRS fully serves its mission to provide America’s taxpayers top quality service by helping them understand and meet their tax responsibilities and by applying the tax law with integrity and fairness," Paulson added.
