"In 2018, the Board began to develop a formal organization-wide strategy related to our own use of data, which included the creation of a Chief Data Officer,” said PCAOB Chairman William D. Duhnke. “The Board is pleased to welcome Eric to the PCAOB, and we look forward to utilizing his deep experience in data governance, management, and analytics to enhance the effectiveness of our oversight activities.” 

The chief risk officer, Sue Lee, will lead the new Office of Enterprise Risk Management, which will help the board implement the strategic objective of implementing an Enterprise Risk Management (ERM) program for the organization. Specifically, she is supposed to develop  a framework used to identify potential events that may affect an organization, manage the associated risks and opportunities, and provide reasonable assurance that an organization’s mission, vision, and strategic objectives will be achieved. She will also oversee the organization’s risk management, compliance, ethics,and security programs. Prior to joining the PCAOB, Lee was senior vice president, general counsel, and corporate secretary of Entegris, Inc., a publicly traded chemicals and materials company.

"In connection with our strategic planning process last year, the Board undertook an organizational assessment that revealed the need to transform our approach to risk management," said Duhnke. “The Board is fortunate to have Sue’s vast experience, leadership, and expertise as we work toward achieving one of our key strategic objectives.”