Press Release: Carol Stacey, Chief Accountant, Division of Corporation Finance, to Leave SEC
Carol Stacey, former Chief Accountant at the SEC’s Division of Corporation Finance, left the agency in 2007 after 11 years of service to join the SEC Institute, Inc. as Vice President, with no allegations of fraud, misconduct, or penalties—her departure was a routine career transition involving key contributions to Sarbanes-Oxley implementation and oversight of financial disclosures for over 10,000 public companies.
Carol Stacey, who served as Chief Accountant of the SEC’s Division of Corporation Finance from 2002 to 2007, played a pivotal role in implementing Sarbanes-Oxley Act reforms and overseeing financial disclosures for more than 10,000 public companies. She voluntarily left the SEC in March 2007 after 11 years of service, with no charges, allegations, or financial penalties associated with her departure. She transitioned to a legitimate role as Vice President at the SEC Institute, Inc., where she provides continuing education on SEC regulations and financial reporting to public companies and advisors.
Carol Stacey, Chief Accountant of the SEC’s Division of Corporation Finance from 2002 to 2007, left the agency in March 2007 after 11 years of dedicated service, with no indication of misconduct, fraud, or regulatory sanctions. During her tenure, she was the primary staff member responsible for applying the SEC’s financial reporting requirements to over 10,000 public companies and played a key role in implementing the landmark Sarbanes-Oxley Act reforms. SEC Director John White praised her as a trusted advisor whose expertise helped resolve complex policy issues in ways that were both effective and reasonable. Stacey herself expressed pride in her work serving investors and collaborating with dedicated professionals at the SEC. She accepted a position as Vice President at the SEC Institute, Inc., a nonprofit organization focused on continuing education for public companies and financial advisors on SEC rules and accounting developments. Her prior experience included auditing at PricewaterhouseCoopers and financial reporting roles at an SEC registrant, further underscoring her deep industry credentials. Her departure was framed entirely as a routine and positive career move, celebrated by colleagues and the agency alike.
Extracted insights
- agency a position as vice president at the sec institute, inc.
- person carol stacey
- person john white
- agency Securities and Exchange Commission
- agency the securities and exchange commission
- agency various financial reporting positions with an sec registrant
- Carol Stacey Leave SEC
- The Securities and Exchange Commission Announce Carol A. Stacey will leave the Commission after 11 years on the Commission's staff
- Carol A. Stacey Be Chief Accountant in the Division of Corporation Finance
- Carol A. Stacey Apply The Commission's financial statement requirements to public company filings
- Carol A. Stacey Oversee The financial disclosure of more than 10,000 public companies
- Carol A. Stacey Implement The significant Sarbanes-Oxley Act reforms
- John White Say The Commission and the world's markets have been extremely fortunate to have Carol working on behalf of investors
- John White Say The Commission and the accounting profession have benefited greatly from her unique ability to resolve a wide range of policy issues and everyday questions in ways that are both effective and reasonable
- John White Say She has been a true colleague and a trusted advisor and we will miss her
- Carol Stacey Say Serving investors in our markets has been an honor and a privilege
- Carol Stacey Work With The most dedicated, knowledgeable, and enthusiastic professionals I have ever known
- Carol Stacey Be Proud To have been a member of the Division of Corporation Finance
- Carol Stacey Receive Her M.S. in Accounting from Virginia Tech
- Carol Stacey Spend A number of years as an auditor with PricewaterhouseCoopers
- Carol Stacey Hold Various financial reporting positions with an SEC registrant
- Carol Stacey Receive Her B.S. in Accounting from Bentley College
- Carol Stacey Accept A position as Vice President at the SEC Institute, Inc.
- Carol Stacey Focus On Helping public companies and their advisors in the U.S. and abroad stay up-to-date on SEC requirements and key developments in accounting and financial reporting
Carol Stacey, Chief Accountant, Division of Corporation Finance, to Leave SEC FOR IMMEDIATE RELEASE 2007-58 Washington, D.C., March 29, 2007 - The Securities and Exchange Commission announced today that Carol A. Stacey, Chief Accountant in the Division of Corporation Finance, will leave the Commission after 11 years on the Commission's staff. As the Division's Chief Accountant since 2002, Ms. Stacey has been the Commission staff member with primary responsibility for applying the Commission's financial statement requirements to public company filings. In addition to overseeing the financial disclosure of more than 10,000 public companies, she played a key role in implementing the significant Sarbanes-Oxley Act reforms. "The Commission and the world's markets have been extremely fortunate to have Carol working on behalf of investors," said John White, Director of the Division of Corporation Finance. "The Commission and the accounting profession have benefited greatly from her unique ability to resolve a wide range of policy issues and everyday questions in ways that are both effective and reasonable. She has been a true colleague and a trusted advisor and we will miss her." Ms. Stacey said, "Serving investors in our markets has been an honor and a privilege. I have had the pleasure of working with the most dedicated, knowledgeable, and enthusiastic professionals I have ever known and I am proud to have been a member of the Division of Corporation Finance." Prior to joining the SEC in 1996, Ms. Stacey received her M.S. in Accounting from Virginia Tech. Ms. Stacey spent a number of years as an auditor with PricewaterhouseCoopers and she held various financial reporting positions with an SEC registrant. Ms Stacey received her B.S. in Accounting from Bentley College. Ms. Stacey has accepted a position as Vice President at the SEC Institute, Inc., an organization engaged in providing continuing education seminars and conferences. She will focus on helping public companies and their advisors in the U.S. and abroad stay up-to-date on SEC requirements and key developments in accounting and financial reporting. http://www.sec.gov/news/press/2007/2007-58.htm Home | Previous Page Modified: 03/29/2007
Carol Stacey, Chief Accountant, Division of Corporation Finance, to Leave SEC FOR IMMEDIATE RELEASE 2007-58 Washington, D.C., March 29, 2007 - The Securities and Exchange Commission announced today that Carol A. Stacey, Chief Accountant in the Division of Corporation Finance, will leave the Commission after 11 years on the Commission's staff. As the Division's Chief Accountant since 2002, Ms. Stacey has been the Commission staff member with primary responsibility for applying the Commission's financial statement requirements to public company filings. In addition to overseeing the financial disclosure of more than 10,000 public companies, she played a key role in implementing the significant Sarbanes-Oxley Act reforms. "The Commission and the world's markets have been extremely fortunate to have Carol working on behalf of investors," said John White, Director of the Division of Corporation Finance. "The Commission and the accounting profession have benefited greatly from her unique ability to resolve a wide range of policy issues and everyday questions in ways that are both effective and reasonable. She has been a true colleague and a trusted advisor and we will miss her." Ms. Stacey said, "Serving investors in our markets has been an honor and a privilege. I have had the pleasure of working with the most dedicated, knowledgeable, and enthusiastic professionals I have ever known and I am proud to have been a member of the Division of Corporation Finance." Prior to joining the SEC in 1996, Ms. Stacey received her M.S. in Accounting from Virginia Tech. Ms. Stacey spent a number of years as an auditor with PricewaterhouseCoopers and she held various financial reporting positions with an SEC registrant. Ms Stacey received her B.S. in Accounting from Bentley College. Ms. Stacey has accepted a position as Vice President at the SEC Institute, Inc., an organization engaged in providing continuing education seminars and conferences. She will focus on helping public companies and their advisors in the U.S. and abroad stay up-to-date on SEC requirements and key developments in accounting and financial reporting. http://www.sec.gov/news/press/2007/2007-58.htm Home | Previous Page Modified: 03/29/2007