Michael P. Cangemi to Assume Leadership of Preeminent Professional
Organization For Financial Executives January 15
FLORHAM PARK, N.J., Jan. 8 /PRNewswire/ -- Financial Executives
International (FEI) today announced that Michael P. Cangemi has been named
President and CEO, effective January 15. Mr. Cangemi will succeed Colleen
Cunningham, who previously announced her decision to pursue other
opportunities after holding the position since 2003. Mr. Cangemi brings
nearly thirty years of accounting and corporate financial management
experience to his new role at FEI.
(Photo: http://www.newscom.com/cgi-bin/prnh/20070108/NYM285 )
"We are thrilled that Michael has accepted the position of President
and CEO at FEI," said FEI Board Chairman Richard Schrader. "Michael is a
longstanding member of FEI and has deep insight into the complex corporate
governance and financial reporting issues facing our members today. Our
members will no doubt be served well by his outstanding leadership
qualities and multifaceted experience as a financial executive, CEO, author
and business consultant. The board is confident that Michael will be a
powerful voice for the organization and its membership, continuing the
superb legacy of his predecessors."
Biographical Background
Mr. Cangemi is the former President, Chief Executive Officer and
Director of Etienne Aigner Group, Inc. (Aigner), a leading designer of
women's branded accessories. As CEO of Aigner, Mr. Cangemi led the
company's expansion into licensing and guided the development of the
company's internet business.
Currently, Mr. Cangemi is President of Cangemi Company LLC, a media and
consulting firm. Mr. Cangemi's extensive career spans his progression from
public accounting to CIO, CFO and CEO. During his career, he has also held
senior positions at BDO Seidman, Phelps Dodge Corporation and Ernst &
Young.
A noted speaker and author, Mr. Cangemi is the Editor-in-Chief of the
IS Control Journal. Mr. Cangemi is the author of two books, "Auditing in an
EDP Environment" (1991) and "Managing the Audit Function" (2003). Mr.
Cangemi is a Certified Public Accountant and a Certified Information
Systems Auditor. He has been a member of FEI since 1985 and is a member of
the organization's Committee on Finance & Information Technology (CFIT).
His expansive involvement with professional associations includes
receiving an honorary lifetime membership in the IS Audit & Control
Association (ISACA), after serving as International President and seven
years as a director. He has served as a Trustee of the IIA Research
Foundation and the Pace University Lubin School Accounting Advisory Board.
Mr. Cangemi earned his B.B.A. from Pace University. In 2003, he received
the 11th Annual Alumni Achievement Award from the Pace University Lublin
School of Business.
About FEI
Financial Executives International is the leading advocate for the
views of corporate financial management. Its 15,000 members hold
policy-making positions as chief financial officers, treasurers and
controllers. FEI enhances member professional development through peer
networking, career management services, conferences, teleconferences and
publications. Members participate in the activities of 85 chapters, 74 in
the U.S., 11 in Canada.
SOURCE Financial Executives International
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Related links:
http://www.fei.org
Photo Notes:
NewsCom: http://www.newscom.com/cgi-bin/prnh/20070108/NYM285
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, photodesk@prnewswire.com
CONTACT:
Kristen Crofoot of Financial Dynamics,
+1-212-850-5692, Kristen.Crofoot@FD.com
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