New York Office Director to Step Down
Washington, DC, April 6, 2006 -- Esslie W. Hughes, director of the New York office of the Public Company Accounting Oversight Board, has informed the Board that she intends to leave the PCAOB to pursue new career opportunities.
"The past two and a half years have been exciting and rewarding," Ms. Hughes said. "It has been gratifying to be a part of the building of the PCAOB organization, from almost its inception. It was a pleasure to work with outstanding colleagues and to have had the opportunity to engage in constructive dialogue with many financial market participants about the PCAOB’s mission and objectives."
Ms. Hughes joined the PCAOB in her current position in 2003, having previously had a 20-year career in commercial banking, primarily at The Bank of New York. Ms. Hughes will leave on May 8, 2006.
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The PCAOB is a private-sector, nonprofit corporation, created by the Sarbanes-Oxley Act of 2002, to oversee the auditors of public companies in order to protect the interests of investors and further the public interest in the preparation of informative, fair, and independent audit reports.
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