/24-7PressRelease/ - CHICAGO, IL, November 23, 2006 - Venerable Partners, LLC announced today that it will host a client conference that will address Sarbanes-Oxley's impact on the role of the Chief Information Officer. This conference is by invitation only and will take place at the offices of Venerable Partners on Wednesday, March 8, 2007.
"Along with the Chief Executive Officer and the Chief Financial Officer, Sarbanes-Oxley is requiring the leadership of the information systems function within organizations to thoroughly reevaluate business processes at every corner of the corporation. More and more, Chief Information Officers are being asked to become the guarantor's of business process implemented. With the introduction of Sarbanes-Oxley, Chief Information Officers are facing pressure never seen before to ensure accountability for the systems that support financial reporting, sales - including call centers and Internet sales channels, billing operations, and outsourced information technology operations. Arguably, for the first time, activities within the office of the Chief Information Officer are invoking board-level risk. In many organizations, Chief Information Officers are discovering that they are now sharing in an organization's overall legal and financial risk. The challenge facing most organizations is that many senior information systems executives do not possess the required business orientation and analytical skills required to effectively lead and manage in the Age of Sarbanes-Oxley. Chief Executives must ask themselves to what degree they will involve their Chief Information Officers on their company's Sarbanes-Oxley Section 404 project team and whether or not they will require their information officers to provide signed, quarterly certification on the company's quarterly Section 302 certification." said Donald Law, Managing Director, Venerable Partners.
About Venerable Partners
Headquartered in Chicago, Venerable Partners is a senior-level retained executive search firm serving clients in a variety of industries throughout North America. From the Fortune 50 to emerging companies backed by some of the world's leading venture capital and private equity firms, executive search firm Venerable Partners is at the nexus of helping companies solve their most critical human capital needs. Specifically, Venerable Partners is recognized for providing expertise in the following areas: Senior-Level Executive Search, Board of Directors Executive Search Services, Industry Benchmarking, Succession Planning and Investment Introductions.
For additional information, please contact Donald Law at 312.214.1445 or visit http://www.venerablepartners.com.
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