Biography

Robert Herz

Audit Committee Chair

Fannie Mae and Morgan Stanley

Current public company boards: Fannie Mae, Morgan Stanley, and Workiva

Executive Experience: Bob provides consulting services on financial reporting and other matters through Robert H. Herz LLC, of which he is president. He is also an executive-in-residence at the Columbia Business School, where he lectures, counsels students, and works with faculty on research studies. 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 23-215. Bob previously was a senior partner at Coopers & Lybrand; an audit partner at AT&T Intellectual Property; an audit partner at Dun & Bradstreet; and an audit partner at Goldman & Sachs.

Additional information: Bob 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. He is the audit chair at the Federal National Mortgage Association (Fannie Mae).

Bob was chair of the Financial Accounting Standards Board (FASB) and was one of the original members of the International Accounting Standards Board (IASB). 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 seven books and over 8 articles and published papers; and is a frequent speaker at major financial reporting and business conferences. He 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.