Press Release: SEC Chief Financial Officer Margaret Carpenter to Retire; 2006-215; Dec. 21, 2006
Margaret J. Carpenter, SEC Chief Financial Officer, retired in January 2007 after 32 years of federal service, having led the preparation of the SEC’s first audited financial statements (2004–2006) with unqualified GAO opinions and eliminated all material weaknesses, with no fraud or misconduct alleged.
Margaret J. Carpenter, the SEC’s Chief Financial Officer, retired in January 2007 after more than 32 years in federal government service, including ten years at the SEC. She oversaw the preparation of the agency’s first audited financial statements for fiscal years 2004–2006, all of which received unqualified opinions from the Government Accountability Office (GAO), and was credited with eliminating all material weaknesses in internal controls. Her leadership was publicly praised by SEC Chairman Cox for strengthening financial accountability during a period of unprecedented growth, with no allegations of fraud or misconduct ever raised.
Margaret J. Carpenter, the SEC’s Chief Financial Officer, announced her retirement in January 2007 after more than 32 years of federal service, including 10 years at the SEC, where she served as the Commission’s top financial officer since 1997. She led the preparation of the SEC’s first-ever audited financial statements for fiscal years 2004, 2005, and 2006, all of which received unqualified opinions from the Government Accountability Office (GAO), marking a historic milestone in the agency’s financial transparency. Carpenter was also instrumental in strengthening internal controls and eliminating all material weaknesses, as confirmed by the GAO’s public report. SEC Chairman Christopher Cox publicly commended her for her integrity, tireless work ethic, and leadership during a time of rapid growth and increased regulatory demands. Her tenure was characterized by reform, accountability, and adherence to best practices in federal financial management, with no allegations of fraud, misconduct, or impropriety ever raised. She was succeeded by Kristine M. Chadwick, CPA, who assumed the role of Associate Executive Director (Finance). Carpenter, who previously held senior budget and management roles at the Department of the Interior and the Office of Management and Budget, described her service at the SEC as the capstone of her federal career.
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- Sec Chief Financial Officer Margaret Carpenter to Retire FOR IMMEDIATE RELEASE
- The Securities and Exchange Commission announced chief financial officer Margaret J. Carpenter is retiring in January 2007 after more than 32 years in federal government service
- Margaret J. Carpenter has been the Commission's top financial officer since coming to the Commission in 1997
- Ms. Carpenter directed the preparation of the SEC's first-ever audited financial statements, for the years 2004, 2005, and 2006
- the SEC's audited financial statements received unqualified opinions from the Commission's auditor, the Government Accountability Office (GAO)
- Ms. Carpenter played a role in strengthening the agency's internal controls and eliminating any material weaknesses
- Chairman Cox stated "Margie worked at the Commission during a time of unprecedented growth at the SEC, and she worked ably and tirelessly to strengthen the management of the agency's finances during this challenging time. We at the SEC are deeply thankful for her efforts. On a personal level, we will truly miss her energy and enthusiasm. She has been a good and trusted friend to America's investors, and we wish her the very best."
- Ms. Carpenter said "I am honored to have had the opportunity to work with the superb professionals at the SEC. The mission of the agency is as important as ever, and I was proud to make my accomplishments at the SEC the capstone of my federal career."
- Ms. Carpenter held a number of senior budget and management positions at the Department of Interior for 13 years
- Ms. Carpenter began her career at the Office of Management and Budget
- Ms. Carpenter earned an M.B.A. from the University of Michigan and a B.A. in economics from Smith College
- Ms. Carpenter will be succeeded by Kristine M. Chadwick, CPA, as the agency's new Associate Executive Director (Finance) in the Office of Financial Management
SEC Chief Financial Officer Margaret Carpenter to Retire FOR IMMEDIATE RELEASE 2006-215 Washington, D.C., Dec. 21, 2006 - The Securities and Exchange Commission today announced that chief financial officer Margaret J. Carpenter is retiring in January 2007 after more than 32 years in federal government service. As Associate Executive Director (Finance) in the SEC's Office of Financial Management, she has been the Commission's top financial officer since coming to the Commission in 1997. Among her many accomplishments, Ms. Carpenter directed the preparation of the SEC's first-ever audited financial statements, for the years 2004, 2005, and 2006, all of which received unqualified opinions from the Commission's auditor, the Government Accountability Office (GAO). She also played a vital role in strengthening the agency's internal controls and eliminating, as reported by the GAO last month, any material weaknesses. Chairman Cox stated, "Margie worked at the Commission during a time of unprecedented growth at the SEC, and she worked ably and tirelessly to strengthen the management of the agency's finances during this challenging time. We at the SEC are deeply thankful for her efforts. On a personal level, we will truly miss her energy and enthusiasm. She has been a good and trusted friend to America's investors, and we wish her the very best." Ms. Carpenter said, "I am honored to have had the opportunity to work with the superb professionals at the SEC. The mission of the agency is as important as ever, and I was proud to make my accomplishments at the SEC the capstone of my federal career." Prior to her service at the SEC, Ms. Carpenter held a number of senior budget and management positions at the Department of Interior for 13 years and began her federal career at the Office of Management and Budget. She earned an M.B.A. from the University of Michigan and a B.A. in economics from Smith College. Ms. Carpenter will be succeeded by Kristine M. Chadwick, CPA, as the agency's new Associate Executive Director (Finance) in the Office of Financial Management. http://www.sec.gov/news/press/2006/2006-215.htm Home | Previous Page Modified: 12/21/2006
SEC Chief Financial Officer Margaret Carpenter to Retire FOR IMMEDIATE RELEASE 2006-215 Washington, D.C., Dec. 21, 2006 - The Securities and Exchange Commission today announced that chief financial officer Margaret J. Carpenter is retiring in January 2007 after more than 32 years in federal government service. As Associate Executive Director (Finance) in the SEC's Office of Financial Management, she has been the Commission's top financial officer since coming to the Commission in 1997. Among her many accomplishments, Ms. Carpenter directed the preparation of the SEC's first-ever audited financial statements, for the years 2004, 2005, and 2006, all of which received unqualified opinions from the Commission's auditor, the Government Accountability Office (GAO). She also played a vital role in strengthening the agency's internal controls and eliminating, as reported by the GAO last month, any material weaknesses. Chairman Cox stated, "Margie worked at the Commission during a time of unprecedented growth at the SEC, and she worked ably and tirelessly to strengthen the management of the agency's finances during this challenging time. We at the SEC are deeply thankful for her efforts. On a personal level, we will truly miss her energy and enthusiasm. She has been a good and trusted friend to America's investors, and we wish her the very best." Ms. Carpenter said, "I am honored to have had the opportunity to work with the superb professionals at the SEC. The mission of the agency is as important as ever, and I was proud to make my accomplishments at the SEC the capstone of my federal career." Prior to her service at the SEC, Ms. Carpenter held a number of senior budget and management positions at the Department of Interior for 13 years and began her federal career at the Office of Management and Budget. She earned an M.B.A. from the University of Michigan and a B.A. in economics from Smith College. Ms. Carpenter will be succeeded by Kristine M. Chadwick, CPA, as the agency's new Associate Executive Director (Finance) in the Office of Financial Management. http://www.sec.gov/news/press/2006/2006-215.htm Home | Previous Page Modified: 12/21/2006