Washington, DC – Center for Audit Quality Executive Director Cindy Fornelli released the following statement today on the appointment of Peter R. Gleason as CEO of the National Association of Corporate Directors (NACD), effective in January 2017. Current CEO Ken Daly will retire on January 25, 2017.
“After 16 years of helping to transform NACD into a recognized authority on leading boardroom practices, there is no one better suited to take the helm of the organization. Peter is a proven leader who will be a powerful voice for the more than 17,000 board members that NACD represents.
“The CAQ congratulates Peter on his appointment to CEO, and we look forward to continuing to work with him and NACD toward our mutual goal of serving investors and the markets, including through our partnerships.
“The CAQ also thanks Ken for his vision and tireless efforts. Thanks to his sound leadership over almost a decade, NACD has reached new heights as an invaluable resource for board members across all sectors of our economy. I have truly enjoyed working with Ken through various partnerships of our organizations and wish him well in retirement and all future endeavors.”
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The Center for Audit Quality (CAQ) is an autonomous public policy organization dedicated to enhancing investor confidence and public trust in the global capital markets. The CAQ fosters high quality performance by public company auditors, convenes and collaborates with other stakeholders to advance the discussion of critical issues requiring action and intervention, and advocates policies and standards that promote public company auditors’ objectivity, effectiveness, and responsiveness to dynamic market conditions. Based in Washington, D.C., the CAQ is affiliated with the American Institute of CPAs. For more information, visit www.thecaq.org.