CAQ and FAF Leadership Changes

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Julie Lindsay

Julie Bell Lindsay has been named executive director of the Center for Audit Quality, effective May 6. She succeeds Cindy Fornelli who is leaving the organization at the end of May, after having led the CAQ for 12 years.

On April 26 Financial Accounting Foundation CEO Terri Polley announced her retirement. She started her career with the Financial Accounting Standards Board in 1987 as a technical assistant, was named president in 2008 and ultimately CEO in 2010. NASBA President Ken Bishop reported Ms. Polley’s resignation at the NASBA Board’s meeting in San Francisco. He acknowledged her role in building a strong relationship between the FAF and NASBA.

Ms. Polley stated in her resignation: “It has been a privilege to work for a mission-driven organization filled with exceptional people who get to do something extraordinary as their life’s work: set accounting standards that help make the capital markets function efficiently and effectively.”