Following an extensive four-month search, the Committee of Sponsoring Organizations has named David Landsittel as its new chairman. He replaces Larry Rittenberg, who served as COSO Chairman since 2005.
As COSO Chairman, Landsittel will lead the COSO board in developing and providing continuing guidance in risk management, internal control, fraud and governance. Other major responsibilities include: interacting with regulators on issues related to internal control reporting and risk management reporting; representing COSO with financial leaders of major countries around the world; and identifying new areas where COSO can enhance the efficiency of organizations through better risk management and internal controls.
Landsittel is currently a consultant to accounting firms and others on auditing, financial reporting, corporate governance, and quality control matters. He also serves on the board of directors and chair of the audit committees for Molex Incorporated and Burnham Investors Trust for the Burnham Family of Funds. Landsittel began his career with Arthur Andersen & Co, where he served for thirty-four years.
No comments yet