Saturday November 21, 2009
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CFOs Want Split in Chairman, CEO

A survey of chief financial officers and senior comptrollers finds that more than 82 percent believe that the roles of chief executive officer and chairman should be held by different people.

A survey of chief financial officers and senior comptrollers finds that more than 82 percent believe that the roles of chief executive officer and chairman should be held by different people.

The survey, conducted by Grant Thornton, also found that 34 percent of public company respondents admitted their company is not fully compliant with Section 404(b) of Sarbanes-Oxley.

Grant Thornton,  a global accounting, tax, and business advisory practice, conducted the national survey from March 10 through March 28, 2008 with 222 chief financial officers and senior comptrollers.

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