; or (bb) a public company that received an audit with an unqualified opinion on such company’s financial statements during the time of such individual’s service; or (II) has served as chief financial officer, deputy chief financial officer, or an equivalent executive-level position with direct authority for financial management in a large public or private sector organization. (ii) In this subparagraph, the term public company has the meaning given the term issuer in section 2(7) of the Sarbanes-Oxley Act of 2002 ( 15 U.S.C. 7201(7) ). . (d) Applicability The amendments made by this section shall take effect on the date of the enactment of this Act, and shall apply with respect to appointments that are made on or after that date. C Organization and Management of the Department of Defense Generally 931. Reduction in limitation on number of Department of Defense SES positions Section 1109(a)(1) of the National Defense Authorization Act for Fiscal Year 2017 ( Public Law 114–328 ) is amended by striking 1,260 and inserting 1,140 . 932. Manner of carrying out reductions in major Department of Defense headquarters activities Section 346(b) of the National Defense Authorization Act for Fiscal Year 2016 ( Public Law 114–92 ; 129 Stat. 796