The Committee of Sponsoring Organizations of the Treadway Commission (“COSO”) has appointed Paul Sobel as the organization’s new chairman. Knowledgeable on matters such as governance, enterprise risk management, and internal control, Sobel was selected due to his distinguished background in corporate spaces and professional services. He will serve a three-year term effective February 2018.
Currently the vice president and chief audit executive at Georgia-Pacific, Sobel manages the company’s internal audit function and provides oversight and guidance regarding risk management and compliance programs.
Sobel was on the Advisory Council for the recently updated COSO Enterprise Risk Management Framework. His background also includes managing audit functions at large organizations and serving as chairman of the Global Board for The Institute of Internal Auditors.