Sayther chosen as CEO of FEI. (People).Colleen Sayther, an FEI FEI Fédération Équestre Internationale. member with long experience in accounting issues, has been named the new president and chief executive of FEI, succeeding Philip B. Livingston. She is expected to take office April 1. Sayther's selection came after a six-month search by FEI's Board following Livingston's announcement that he planned to return to the corporate world after four years as president. Sayther has 19 years of public accounting and corporate financial management experience. "We're very pleased that Ms. Sayther has accepted the President and 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. position at FEI," said FET FET: see transistor. (Field Effect Transistor) One of two major categories of transistor; the other is bipolar. FETs use a gate element that, when charged, creates an electromagnetic field that changes the conductivity of a silicon Board Chairman Ridge A. Braunschweig, executive vice president and CFO See Chief Financial Officer. of Orion Corp. in Milwaukee. "She's a smart, seasoned professional, with a solid understanding of the corporate governance, ethical and financial reporting issues facing our members today." "It's an exciting time to take the reins to take the guidance or government; to assume control. See also: Rein of this organization," said Sayther. "I'm honored to have been selected for this important role. FEI, under Phil Livingston's illustrious tenure, was at the forefront in dealing with the challenges facing the accounting industry today and calling for changes where changes were needed. I will continue this activist role, reflecting the needs and concerns of our 15,000-strong membership of CFOs and other senior financial officers, who represent companies in virtually every industry and every region of our country, as well as in nations around the world." Sayther began her career in public accounting, then spent 13 years with AT&T Corp., initially as the Assistant Controller for AT&T Capital during a period of enormous growth, and later as Vice President and Chief Accountant at the corporate level. Most recently, she served as Senior Vice President and CFO for the North American operations of Havas Advertising, the fifth largest advertising holding company in the world. While at Havas, Sayther was responsible for all SEC reporting and worldwide accounting policies, as well as establishing and staffing the company's North American headquarters. Her public accounting positions were held at the firms formerly known as Touche Ross and Coopers & Lybrand. Sayther earned her BA in Economics from Rutgers University, where she was a member of Omicron Delta Epsilon Omicron Delta Epsilon is an international honor society in the field of economics. It publishes a journal entitled The American Economist twice each year. Its board of trustees includes well-known economists such as Robert Lucas, Kenneth Arrow, and Robert Solow. , the Honor Society in Economics, and her MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration from New York University's Stem School of Business. She is a Certified Public Accountant Certified Public Accountant (CPA) An accountant who has met certain standards, including experience, age, and licensing, and passed exams in a particular state. and is listed in the National Register's Who's Who in Executives and Professionals. |
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