1199 Seiu United Healthcare Workers East
Genesee & Wyoming Board Member Should Use Sarbanes-Oxley Disclosure Rules in Non-Profit Role, Asserts 1199 SEIU
Published in Hospital Business Week, February 24th, 2008
Genesee & Wyoming director Robert M. Melzer should apply the same Sarbanes-Oxley standards used by Genesee and Wyoming and other publicly traded companies to his role on the board of CareGroup, the parent organization of Beth Israel Deaconess Medical Center (BIDMC), according to labor group 1199 SEIU United Healthcare Workers East. Meltzer is also the retired president and CEO of Property Capital Trust.
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...
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