Biography

Bob Herz

Audit Committee Chair

Morgan Stanley and Fannie Mae

Robert (Bob) Herz’s current activities include serving on the boards of directors and various board committees of Fannie Mae (audit committee chair), Morgan Stanley (audit committee chair), Workiva Inc., Paxos, and the Sustainability Accounting Standards Board (SASB) Foundation (chair of the standards oversight committee), on the independent investment committee of the United Nations Operating Project Services (UNOPS), on the advisory boards of AccountAbility and Lukka, Inc. (formerly known as Libra Services, Inc.), as an ambassador for the international integrated reporting council, and as a member of the audit committee chair advisory council of the National Association of Corporate Directors. He is also an executive in residence at the Columbia Business School where he lectures, counsels students, and works with faculty on research studies and from 2006-2017 served on the advisory board of the Alliance Manchester Business School in England. He also serves on the standing advisory group of the US Public Company Accounting Oversight Board (PCAOB) and on the PCAOB’s Data and Technology Task Force, the financial reporting faculty advisory group of the Institute of Chartered Accountants in England and Wales, and was a member of the accounting standards oversight council of Canada from 2011-2017. Bob also provides consulting services on financial reporting and other matters through Robert H. Herz LLC, of which he is president.

Bob was chair of the financial accounting standards board (FASB) from 2002 to 2010 and was  one of the original members of the international accounting standards board (IASB). He was a partner with PricewaterhouseCoopers for many years, including serving as audit partner on numerous major companies, as head of the firm’s corporate finance advisory services, as senior technical partner, as a member of the firm’s US and Global Boards, as president of the PricewaterhouseCoopers Foundation, and as a trustee and vice chair of the Kessler Foundation from 2003-2015. He has chaired a number of professional committees, including the IFAC transnational auditors committee and the AICPA SEC regulations committee, has served on numerous public policy commissions, testified many times at Congressional hearings, authored or coauthored 7 books and over 8 articles and published papers, is a frequent speaker at major financial reporting and business conferences, and is a member of the Accounting Hall of Fame and recipient of many other awards including the Outstanding Achievement Award from the Institute of Chartered Accountants in England and Wales (ICAEW) for lifetime contributions to the profession and society.