A former Financial Accounting Standards Board (FASB) Member and current Sustainability Accounting Standards Board (SASB) Member, Marc serves as the thought leader for ESG & corporate reporting for EY Americas. Marc helps clients understand the rapidly developing corporate reporting landscape and how they can develop a transparent articulation of the long-term value creation story throughout all the communication channels to investors, which is key to maximizing valuation opportunities. Marc’s expertise in corporate reporting has been built over 30 years with deep experience in audit, buy-side research, policy and consulting.
Marc was appointed as a Board Member of the SASB in January 2019 and is one of a very small number of people in the world who have set both sustainability and financial accounting standards that are widely applied globally.
Previously, Marc was a Board Member of the FASB with his second and that final term ending June 2018. During the time, the FASB finalized major new accounting standards for revenue recognition, lease accounting, financial instruments, hedge accounting, long-duration, duration insurance, credit losses and many others. Further, Marc was instrumental in FASB projects on financial statement presentation, financial performance reporting, disclosure framework, and was involved globally with the International Accounting Standards Board (IASB), Enhanced Disclosures Task Force, International Integrated Reporting Council and the Corporate Reporting Dialogue. At FASB, Marc hosted forums on both coasts with auditors, preparers, securities regulators, securities attorneys, investors and audit committee members to kick off the Disclosure Framework project.
Prior to the appointment to the FASB, Marc’s prior experience includes Director of Research at a boutique sell-side research firm providing detailed forensic financial statement analysis to mutual fund and hedge fund clients to support their investment decisions. He led a team of more than twenty analysts in the US and London doing forensic financial statement analysis designed to detect early warning signs of underappreciated business deterioration and to warn institutional investor clients about those risks. Also, Marc worked closely with Institutional Shareholder Services (ISS) corporate governance and ESG research teams to identify synergies in research processes and findings, especially around contentious shareholder voting situations
Named one of the ‘Ones to Watch’, in 2021’s Accounting Today Most Influential CPA’s.
Marc began his career at Arthur Andersen as both an auditor and as a litigation consultant