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79% of CFOs say that CEO and Chairman roles should be separate.


76% say SEC should revise 8-K rules

CHICAGO -- In a national survey of chief financial officers and senior comptrollers conducted by Grant Thornton LLP This article or section is written like an .
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, the U.S. member firm of Grant Thornton International, one of the six global accounting, tax and business advisory organizations, more than three-quarters (79%) believe that the roles of chief executive officer (CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. ) and chairman should be held by different people. In addition, three-quarters of the respondents think that the Securities and Exchange Commission (SEC) should revise the 8-K rules to require reasons for all company dismissals to auditors, for all auditor resignations and for all instances in which the auditor chooses not to stand for reappointment reappointment Hospital practice The renewal of medical staff membership and privileges of a practitioner whose previous service on the medical staff has met the staff's standard of Pt care. See Appointment. .
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About Grant Thornton LLP

Grant Thornton LLP is the U.S. member firm of Grant Thornton International, one of the six global accounting, tax and business advisory organizations. Through member firms in more than 110 countries, including 50 offices in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , the partners and employees of Grant Thornton member firms provide personalized per·son·al·ize  
tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es
1. To take (a general remark or characterization) in a personal manner.

2. To attribute human or personal qualities to; personify.
 attention and the highest quality service to public and private clients around the globe. Visit Grant Thornton LLP at www.GrantThornton.com.
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Publication:Business Wire
Date:Oct 31, 2007
Words:189
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