St. Paul, Minn. — Merrill Corporation (www.merrillcorp.com), a global provider of secure content sharing, regulated communications and disclosure services, announced that Mike Schlanger, an XBRL industry leader and member of the XBRL US Board of Directors since 2009, has been elected to serve as Vice Chairman of the XBRL US Board. His appointment is effective immediately.
Mike has been involved with XBRL since 2007, having led the team that crafted Merrill’s XBRL solutions to assist SEC filers understand and comply with the SEC’s XBRL mandate. As an XBRL US Board member, Mike has provided significant leadership in the XBRL industry, helping SEC filers and financial data consumers understand and unlock the value contained within this new language. He has been a frequent speaker at law firm and financial professional CPE and CLE accredited events and served as a panelist at numerous XBRL US events. At Merrill, Mike develops financial transaction and compliance product strategies to meet client and regulatory requirements, and is on the leadership team guiding the development and sale of Merrill Bridge, the company’s SaaS disclosure management platform, and XBRL service offerings.
“It’s an honor and privilege to be elected as Vice Chairman,” said Schlanger. “Since joining the XBRL board in 2009, we’ve seen XBRL evolve and mature at the SEC, and more broadly in the marketplace, in a very substantive way. It’s very gratifying to see signs that the tangible benefits of XBRL are now being more fully recognized, and realized. With this increased usage by the SEC and financial data consumers, there’s even greater pressure on SEC filers to make sure that their XBRL translations are done properly.”
He added, “Merrill has been an XBRL leader from the onset. Our taking a more prominent role on the Board of Directors is further tangible demonstration of Merrill’s leadership role in helping customers achieve the highest quality of XBRL translations. We have industry-leading XBRL accounting expertise and deep bench strength, with a long and continued dedication to its widespread adoption. We look forward to continuing to lead the industry charge.”
“Mike’s experience and thoughtful insights, particularly in SEC reporting, have been instrumental in helping XBRL US handle challenges and identify opportunities over the past seven years,” said Campbell Pryde, President and CEO, XBRL US. “We welcome his continued leadership on the board in this new role.”
About XBRL US
XBRL US is the non-profit consortium for XBRL business reporting standards in the US and it represents the business information supply chain. Its mission is to support the implementation of XBRL business reporting standards through the development of taxonomies for use by US public and private sectors, with a goal of interoperability between sectors, and by promoting XBRL adoption through marketplace collaboration. XBRL US has developed taxonomies for US GAAP, credit rating and mutual fund reporting under contract with the US Securities and Exchange Commission and has developed a taxonomy for corporate actions. For more information: http://xbrl.us.