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Advisory Firm

IIA Selects New Member to Executive Leadership Team

Jaclyn Jaeger November 24, 2010

The Institute of Internal Auditors has selected Beryl Davis as the newest member of its executive leadership team as vice president of standards and guidance. In this capacity, she will oversee the development and dissemination of relevant professional guidance for the internal audit profession such as the International Professional Practices...

IFAC Appoints New President

Jaclyn Jaeger November 05, 2010

The International Federation of Accountants (IFAC), the global organization for the accountancy profession with members and associates in 125 countries, has appointed Göran Tidström of Sweden as president of IFAC for a two-year term ending in November 2012. The IFAC Council also approved the nomination of Warren Allen of New...

XBRL Names New President, CEO

Jaclyn Jaeger November 02, 2010

The board of XBRL US, the national consortium for XML business reporting standards, announced this week that it has named Campbell Pryde, current Chief Standards Officer and head of development, as president and CEO. He will assume the positions from Mark Bolgiano, who will be stepping down to lead technology...

NIRI Elects New Board Chairman

Jaclyn Jaeger October 04, 2010

The National Investor Relations Institute has elected Douglas Wilburne, vice president of investor relations for Textron, as the 2011 chairman of its board of directors. He succeeds Brad Wilks, CEO and managing director of Sard Verbinnen & Co.During his tenure as NIRI chair, Wilburne said he plans to focus on...

Auditing Advisory Group Appoints New Chair

Jaclyn Jaeger September 24, 2010

The Consultative Advisory Group (CAG) to the International Auditing and Assurance Standards Board (IAASB) has appointed Linda de Beer as its new chairman to serve a three-year term, effective Oct. 1. She will succeed David Damant, who has served as the first independent IAASB CAG chairman since June 2004.The IAASB...

SEC Appoints Deputy Chief Accountant

Jaclyn Jaeger September 21, 2010

The Securities and Exchange Commission has appointed J.W. Mike Starr as deputy chief accountant for Policy Support and Market Monitoring in the agency's Office of the Chief Accountant. He will start in October.In this role, Starr will serve as the chief accountant's liaison on projects and activities to improve the...

FSA Board Appoints New Member

Jaclyn Jaeger September 07, 2010

Margaret Cole has been appointed to the Financial Services Authority Board as managing director of enforcement and financial crime, effective as of Sept. 7.Cole joined the FSA in 2005 following 20 years in private practice, specializing in commercial litigation. Managing a division of 450 people, she has responsibility for enforcement...

Chairman of IAASB Reappointed to Another Term

Jaclyn Jaeger July 29, 2010

The Board of the International Federation of Accountants (IFAC) has reappointed Arnold Schilder to lead the International Auditing and Assurance Standards Board (IAASB), an independent standard-setting board supported by IFAC, for the period 2012–2014. Schilder's appointment to a second three-year term as IAASB Chairman begins on Jan. 1, 2012. The...

New Senior Director for CAQ Professional Program

Jaclyn Jaeger July 26, 2010

The Center for Audit Quality has elected Allison Patti as senior director of its "professional practice, policy and research" group. A partner at Deloitte and a former Professional Accounting Fellow in the Office of the Chief Accountant at the Securities and Exchange Commission, Patti will help guide the CAQ's member...

CAQ Hires New Senior Director of External Relations

Jaclyn Jaeger July 19, 2010

The Center for Audit Quality has appointed former Public Company Accounting Oversight Board and Federal Reserve Board official, Angela Desmond, as senior director of external relations. Desmond comes to the CAQ from Corporate Risk Advisors, a D.C.-based consulting and strategic advisory firm specializing in the financial services industry, where she...

CAQ Appoints Senior Director of External Relations

Jaclyn Jaeger July 07, 2010

The Center for Audit Quality has welcomed former Public Company Accounting Oversight Board and Federal Reserve Board official, Angela Desmond, as senior director of external relations. Desmond comes to the CAQ from Corporate Risk Advisors, a D.C.-based consulting and strategic advisory firm specializing in the financial services industry, where she...

Millstein Center: Rising Stars of Corporate Governance

Jaclyn Jaeger June 18, 2010

The Millstein Center for Corporate Governance and Performance at the Yale School of Management has announced the recipients of its third annual Rising Star of Corporate Governance Award. This award recognizes global corporate governance professionals under the age of 40 who are making their mark as outstanding analysts, experts, activists,...

New Chair of IOSCO Emerging Markets Committee

Jaclyn Jaeger June 09, 2010

The International Organization of Securities Commissions (IOSCO) has appointed Vedat Akgiray as chairman of the IOSCO Emerging Markets Committee. He assumes the role from Guillermo Larrain, former chairman of the Superintendencia de Valores y Seguros of Chile.Akgiray is chairman of the Capital Markets Board of Turkey, a role he assumed...

New Managing Directors at PwC

Jaclyn Jaeger April 29, 2010

PricewaterhouseCoopers has announced the hiring of John Loveland as a managing director in PwC's U.S. Forensic Technology Solutions practice, and will be based in the Washington D.C. He will focus on building and growing the practice nationally, and will service a wide range of clients in matters of forensic investigations,...

SEC Names Chief Accountant of Enforcement Division

Jaclyn Jaeger March 29, 2010

The Securities and Exchange Commission has named Howard Scheck chief accountant for the SEC’s Division of Enforcement. Scheck expects to begin in his new position in mid-April.In his new role, Scheck will lead the division’s accountants as they provide technical accounting expertise during financial fraud investigations. Scheck rejoins the SEC...

Deloitte Appoints New Managing Partner

Jaclyn Jaeger March 26, 2010

Deloitte Financial Advisory Services has appointed Bob Clarke Midwest regional managing partner, based in Chicago. He succeeds John Trinta, who led the Midwest Deloitte FAS practice since 2007.Clarke has 31 years of experience, primarily in the healthcare industry. He also has served as the Midwest regional leader of Deloitte FAS’s...

Duff & Phelps Adds Two Managing Directors

Jaclyn Jaeger March 26, 2010

Duff & Phelps, an independent financial advisory and investment banking firm, has announced the addition of managing directors Michael Braverman and Matthew Medlin to its Dispute and Legal Management Consulting segment. Both professionals join Duff & Phelps from Huron Consulting Group.Braverman joins Duff & Phelps’ New York office as a...

Huron Consulting Group Appoints Non-Executive Chair

Jaclyn Jaeger March 19, 2010

Huron Consulting Group, a provider of business consulting services, has elected John McCartney to the position of non-executive chairman of the board effective May 3. He assumes the role from George Massaro, who served as chief operating officer of Huron from 2003 to 2005 and as vice chairman from 2005...

Deloitte Adds Two New Members

Jaclyn Jaeger March 15, 2010

Deloitte Corporate Finance, the FINRA member subsidiary of Deloitte Financial Advisory Services, has hired Michael McArthur as a managing director, based in the firm's Los Angeles office.McArthur has more than 15 years of investment banking experience with a special focus on the healthcare industry. Prior to joining Deloitte, McArthur led...

New Co-Chair of ABA Sub-committee

Jaclyn Jaeger February 22, 2010

The American Bar Association has appointed Joseph Zwicker, a partner in the government enforcement & compliance and major commercial litigation practice groups at Choate, Hall & Stewart, as co-chair of the white collar and corporate investigations sub-committee for the ABA's securities litigation section. As co-chair, Zwicker will provide leadership, expertise,...

FSA Chief Executive to Step Down This Summer

Jaclyn Jaeger February 09, 2010

The Financial Services Authority has announced that Hector Sants will leave the organization this summer, after three years as chief executive officer.“Hector has given outstanding service and leadership through the turbulent last three years and has played a pivotal role in reforming the FSA into a truly effective organization. He...

DoJ: New Coordinator for Criminal Discovery Initiatives

Jaclyn Jaeger February 02, 2010

The Department of Justice has appointed Andrew Goldsmith as the new national coordinator for its criminal discovery initiatives. The position was established as part of the DoJ's ongoing efforts, initiated last year at the direction of the Attorney General, to review and improve its criminal discovery and case management policies...

Sharon Merrill Associates Adds New Staff Member

Jaclyn Jaeger February 01, 2010

Sharon Merrill Associates, an investor relations and corporate communications strategic advisory firm, has hired Kevin Wagner, a veteran investment professional, to complement its Boston-based consulting team and strengthen its financial analytics.Wagner brings more than 12 years of in-depth investment research experience including Fidelity Investments, Baring Asset Management, and Banc One...

PCI Security Standards Council Names Chair

Jaclyn Jaeger January 26, 2010

Bruce Rutherford, group head of fraud management solutions and payment system integrity for MasterCard, has been appointed chairman of the PCI Security Standards Council. The global open industry standards body provides management of the Payment Card Industry Data Security Standard, PIN Transaction Security Security Requirements, and the Payment Application Data...

SEC Enforcement Officials Join McDermott Will & Emery

Jaclyn Jaeger January 20, 2010

Law firm McDermott Will & Emery has tapped Fredric Firestone, associate director of the Securities and Exchange Commission Division of Enforcement, and Michael Ungar, SEC Division of Enforcement branch chief, as partners in the firm’s Controversies Business Unit in Washington, D.C.Firestone, who will head the firm’s SEC defense practice, brings...

New Chair of Blue Ribbon Panel Named

Jaclyn Jaeger January 12, 2010

The American Institute of Certified Public Accountants, the Financial Accounting Foundation, and the National Association of State Boards of Accountancy has named Rick Anderson as chairman of the “blue-ribbon panel” established to address how U.S. accounting standards can best meet the needs of users of private-company financial statements.Anderson, chairman of...

XBRL Board Names Chair

Jaclyn Jaeger January 07, 2010

The board of directors and International Steering Committee of XBRL International have approved the appointment of Chethan Gorur, director of Interactive Data Services at Trintech, as Chairman Designate of the XBRL International Standards Board, effective immediately.Gorur succeeds John Turner, CEO of CoreFiling, who is retiring as Chair after serving in...

Carlo di Florio Named Director of SEC OCIE

Jaclyn Jaeger January 05, 2010

The Securities and Exchange Commission has named Carlo di Florio director of the agency’s Office of Compliance Inspections and Examinations. As head of OCIE, di Florio will oversee the SEC’s nationwide examination programs for investment advisers, broker-dealers, mutual funds, credit rating agencies, and self-regulatory organizations among other entities.“A strong inspections...

Special Advisor of Enforcement Division to Leave SEC

Jaclyn Jaeger December 08, 2009

The Securities and Exchange Commission announced that George Curtis, special advisor to the director of the Division of Enforcement, has returned to the private sector to rejoin the law firm of Gibson, Dunn & Crutcher as partner.Curtis joined the SEC staff in 2006 as the regional director of the SEC's...

FSA Appoints Senior Advisers for Governance Issues

Jaclyn Jaeger December 01, 2009

The Financial Services Authority has announced the appointment of five new senior advisers who will assist the FSA in its work on governance issues. The advisers will provide input into developing the FSA’s regulatory framework for ensuring effective governance in financial institutions and will also contribute to the panel interview...

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Survey of the Week

Deloitte is conducting their annual Look Before You Leap: Managing Risks in Global Investments survey to better understand the approaches companies are taking to address compliance and integrity-related risks in emerging markets.