Washington, DC – Center for Audit Quality (CAQ) Executive Director Cindy Fornelli congratulated Richard Howitt on his appointment as the International Integrated Reporting Council’s (IIRC) next CEO and thanked outgoing CEO Paul Druckman for his service:
“As the second-longest serving member of the European Parliament, Richard brings tremendous, hands-on expertise to his new role. Richard’s 22 years in public service and work on the EU’s non-financial information directive have prepared him well to lead the IIRC’s mission of improving corporate reporting.
“Special thanks to Paul for his more than five years of service leading the IIRC, where he made remarkable progress reshaping corporate reporting to better advance its transparency and relevance to investors.
“With Richard at the helm and the AICPA’s Barry Melancon as Chair of the Board, the IIRC is poised to build on this important work and successfully execute the next phase of its strategic plan."
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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.