Robert Hirth Jr. has been named chairman of The Committee of Sponsoring Organizations of the Treadway Commission – an organization providing thought leadership and guidance on internal control, enterprise risk management, and fraud deterrence.
Hirth’s chairman role will be in effect for a three-year term.
“I am honored to be selected as the new COSO chair and look forward to working with the board, each of the sponsoring organizations, and the many other firms and individuals whose goal is to help organizations of all types improve their operations, risk management, governance and control. One of my immediate goals will be to effectively and extensively communicate the benefits of and updated concepts in the recently revised Internal Control – Integrated Framework,” Hirth said in a statement.
Hirth was selected chairman after a four-month extensive search. Hirth succeeds David Landsittel who has served as COSO chairman since 2009.
“It has been an honor and very rewarding experience for me to lead COSO, working with such an outstanding board and so many other qualified individuals,” Landsittel said in a statement. “I, along with the board, strongly believe that Bob is the right person to take COSO to the next level.”
Hirth is a founding managing director of Protiviti, a global consulting firm of more than 2,500 employees in over 20 countries. He previously served as executive vice president of the Internal Audit and Financial Control practice and as a member of the firm’s six-member global Executive Team. He has had significant international responsibilities with the firm assisting practice operations and led the firm’s western U.S. region in the initial years of Protiviti’s operations.
Hirth practiced as a CPA in Texas and California. He is a member of Financial Executives International, and has been recognized as a thought leader in the internal audit profession. He is currently serving a 2012-13 term on the Standing Advisory Group of the Public Company Accounting Oversight Board and was named as one of The Institute of Internal Auditors’ latest inductees into the American Hall of Distinguished Audit Practitioners in March 2013.
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