May 3, 2011

CAQ Welcomes McGladrey & Pullen, LLP Managing Partner and CEO Joe Adams to CAQ Governing Board

Washington, DC – The Center for Audit Quality (CAQ) issued the following statement from Executive Director Cindy Fornelli regarding Joe Adams being named Managing Partner and CEO of McGladrey & Pullen, LLP:

“The CAQ congratulates Joe Adams on being named Managing Partner and CEO of McGladrey & Pullen, LLP. As CEO of McGladrey & Pullen, Joe will become a member of our Governing Board. We welcome his insights on public company auditing and look forward to his support of CAQ activities.

The CAQ applauds the work of outgoing Managing Partner and CEO Dave Scudder. We thank Dave for his many contributions to the CAQ as a member of our Governing Board. We wish him the best in his 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 Certified Public Accountants. For more information, visit www.thecaq.org