Washington, DC – Center for Audit Quality (CAQ) Executive Director Cindy Fornelli issued the following statement responding to EY's announcement that Mark Weinberger will step down from his role as EY Global Chairman and CEO effective July 1, 2019:
"The CAQ commends Mark Weinberger for his extraordinary leadership. During his tenure as EY's Global Chairman and CEO, he has compiled an impressive track record of success and has exemplified the public company auditing profession's strong commitment and contributions to thriving businesses, capital markets, and communities.
"We salute Mark and wish him well as he transitions to his next chapter.”
About the CAQ
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 that require action and intervention; and advocates policies and standards that promote public company auditors’ objectivity, effectiveness, and responsiveness to dynamic market conditions. Based in Washington, DC, the CAQ is affiliated with the American Institute of CPAs.
Andrew T. Gillies
Director of Communications