September 14, 2018

CAQ Statement on the Passing of Former PCAOB Chairman Mark W. Olson

Washington, DC – The Center for Audit Quality (CAQ) issued the following statement from Executive Director Cindy Fornelli in response to the news of the death of Mark W. Olson, the former Chairman of the Public Company Accounting Oversight Board (PCAOB):

"The CAQ is saddened by the passing of Mark Olson, a distinguished public servant and a gentleman.

“At the helm of the PCAOB, Mark was tested by difficult moments, both for his organization and the markets. In the face of those challenges, his leadership was exemplary, marked by thoughtfulness and strong dedication to protecting investors and enhancing audit quality. 

“The CAQ honors Mark's life and work, and our thoughts go out to his family and loved ones."

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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.