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"That doesn't sound like somebody who's going to be independent, objective and skeptical, " says Martin Baumann, chief auditor at the PCAOB.
WSJ: The Intelligent Investor: One Cure for Accounting Shenanigans
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It seems the JP Morgan Chase Chief Auditor position is lately a short-term stint staffed by ex investment bankers on hiatus.
FORBES: JP Morgan Chase Named A New Chief Auditor (For Corporate!); Can You Name Him?
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They did not correct my impression, based on the Task Force Report, that Pat Hurst got a promotion to overall Chief Auditor.
FORBES: JP Morgan Chase Named A New Chief Auditor (For Corporate!); Can You Name Him?
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Wondering what JP Morgan Chase and Jamie Dimon really think of internal audit and the role of Chief Auditor (of Corporate only)?
FORBES: JP Morgan Chase Named A New Chief Auditor (For Corporate!); Can You Name Him?
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Ms. Tyler, formerly head of Investor Relations, and before that an investment banker, was promoted to Chief Auditor at the end of 2011.
FORBES: JP Morgan Chase Named A New Chief Auditor (For Corporate!); Can You Name Him?
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Lauren Tyler is still Chief Auditor of the whole bank.
FORBES: JP Morgan Chase Named A New Chief Auditor (For Corporate!); Can You Name Him?
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Christopher Telano, chief internal auditor at the New York City Health and Hospitals Corp.
WSJ: Grammar, a Victim in the Office
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DryShips has been operating with two employees (Economou, 54, and his internal auditor) since his chief financial officer quit in May, the second to split in three years.
FORBES: Curious George
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Prior to becoming Auditor General, Mr Black was a local authority chief executive for ten years, first with Stirling District and then with Tayside Regional Council until just before its abolition in 1996.
BBC: Auditor General Robert Black announces his retirement
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Until 1997, for example, every single chief financial officer in Waste Management's history as a public company had previously worked as an auditor for Andersen.
ECONOMIST: Spoilt for choice
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Joe Evangelisti, chief bank spokesman, has now informed me, after this was published, that Pat Hurst is General Auditor for the Corporate division only, not the whole bank.
FORBES: JP Morgan Chase Named A New Chief Auditor (For Corporate!); Can You Name Him?