James G. Kaiser has been sworn to duty as a member of the Public Company Accounting Oversight Board (PCAOB), becoming the fourth new member to join the board this year.
Officials said the oath ceremony took place at the Securities and Exchange Commission.
“Jim Kaiser is a seasoned executive, known for his deep understanding of global business operations and the auditing profession,” William D. Duhnke, PCAOB chairman, said. “He brings a wealth of experience and is a welcome addition to our board. We look forward to working with him.”
Kaiser joins the PCAOB after retiring from PricewaterhouseCoopers after 38 years, including 28 years as an audit partner.
From 2015 until he retired in 2018, Kaiser was a member of the PwC Global Assurance Executive Leadership Team that developed the firm’s global strategy for the audit and assurance business, including its global digital audit strategy and he led the transformation of PwC’s audit software platform.
“The PCAOB plays an essential role in our global capital markets and it is an honor and privilege for me to serve on the board of this important organization,” Kaiser said. “I look forward to working with my fellow board members to continue the PCAOB mission of protecting the interest of investors and enhancing audit quality.”
PCAOB officials said the organization is a nonprofit corporation established by Congress to oversee the audits of public companies in order to protect investors and the public interest by promoting informative, accurate and independent audit reports.