1199 Seiu United Healthcare Workers East

Brooks Automation Executive and Board Member Should Use Sarbanes-Oxley Disclosure Rules in Non-Profit Role, Asserts 1199 SEIU

Published in Health Business Week, February 22nd, 2008

Brooks Automation CEO and director Robert Lepofsky should apply the same Sarbanes-Oxley standards used by Brooks and other publicly traded companies to his role as Vice Chairperson of the board of CareGroup, the parent organization of Beth Israel Deaconess Medical Center (BIDMC), according to labor group 1199 SEIU United Healthcare Workers East.

1199 SEIU asserts that board members who serve on publicly traded companies covered by Sarbanes-Oxley should apply their knowledge of Sarbanes-Oxley disclosure standards in their nonprofit roles.

Sarbanes-Oxley does not apply directly to nonprofit organizations. However, under Massachusetts law, nonprofit...

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Source: Health Business Week (2008-02-22)

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