Monday, May 19, 2008
NATION
CFOs: Separate CEO and chairman roles
NEW YORK — The majority of chief financial officers believe that the roles of chief executive officer and chairman should be held by different people, according to a recent survey.
Of those polled by the accounting firm Grant Thornton LLP, about 82 percent said the two positions should be independent of each other, while a third said their company was not fully compliant with federal corporate accounting laws under the Sarbanes-Oxley Act.
Associated Press