CAQ Statement on Departure of Wesley R. Bricker from the SEC and Appointment of Sagar Teotia as SEC Acting Chief Accountant

Thursday, May 30, 2019

Washington, DC – Center for Audit Quality (CAQ) Executive Director Julie Bell Lindsay issued the following statement in response to the news from the US Securities and Exchange Commission (SEC) that Chief Accountant Wesley R. Bricker will leave the SEC in June and that Sagar Teotia will step in as Acting Chief Accountant:

“In his six years at the SEC, Wes Bricker has made an unquestionably positive mark on public accounting. We at the CAQ have greatly appreciated his steadfast work, his thoughtfulness, and his readiness to engage in healthy dialogue with the public company auditing profession and others in our capital markets system. We thank Wes for his public service, and we wish him well in his next chapter.

“The CAQ also congratulates Sagar Teotia on his appointment. His experience at both the SEC and in the public accounting profession will serve him well in his new role as Acting Chief Accountant, and we look forward to working with him toward our shared mission of protecting investors and the markets.”

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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.

Contact
Andrew T. Gillies
Director of Communications
agillies@thecaq.org
202-609-8048