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FEI Cunningham to Step Down

FEI Cunningham to Step Down

by Rick Turoczy on August 29, 2006

Cunningham also declined to comment on what the big issues for FEI will be going forward, but she noted that she was particularly proud of the way the “organization and its members pulled together” to address internal controls regulation, specifically Section 404 of the Sarbanes Oxley Act. “I think we had more credibility than any other organization,” regarding the cost vs. benefits debate, said Cunningham. She added that FEI and its members admitted that there were benefits to implementing more stringent internal controls, but clearly wanted to work with regulators to ease the cost burden. “From a credibility perspective, we did not run around calling for repeal [of 404].”

FEI Cunningham to Step Down

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