Senior Staff

Board Staff

Martin C. Schmalz

Chief Economist and Director

Office of Economic and Risk Analysis

Martin C. Schmalz is the PCAOB’s Chief Economist and the Director of its Office of Economic and Risk Analysis (OERA). In this role, Dr. Schmalz is responsible for advising and assisting the Board by conducting independent, data-driven economic and risk analyses to inform its oversight activities, including inspections, investigations, rulemaking, and standard setting.

While at PCAOB, Dr. Schmalz is on leave from his position as Professor of Finance, Economics, and Real Estate at the University of Oxford, Saïd Business School, where he served as the Academic Area Head for the Finance, Accounting, Managerial Science, and Economics faculty group before joining PCAOB.  Dr. Schmalz was previously on the faculty of the University of Michigan’s Stephen M. Ross School of Business and its Center on Finance, Law and Policy.

Dr. Schmalz holds a graduate degree (Dipl.-Ing.) in mechanical engineering from the Universität Stuttgart, in Stuttgart, Germany, and a Ph.D. in economics from Princeton University.

Divisions

Enforcement and Investigations

Martin C. Schmalz

Chief Economist and Director

Office of Economic and Risk Analysis

Martin C. Schmalz is the PCAOB’s Chief Economist and the Director of its Office of Economic and Risk Analysis (OERA). In this role, Dr. Schmalz is responsible for advising and assisting the Board by conducting independent, data-driven economic and risk analyses to inform its oversight activities, including inspections, investigations, rulemaking, and standard setting.

While at PCAOB, Dr. Schmalz is on leave from his position as Professor of Finance, Economics, and Real Estate at the University of Oxford, Saïd Business School, where he served as the Academic Area Head for the Finance, Accounting, Managerial Science, and Economics faculty group before joining PCAOB.  Dr. Schmalz was previously on the faculty of the University of Michigan’s Stephen M. Ross School of Business and its Center on Finance, Law and Policy.

Dr. Schmalz holds a graduate degree (Dipl.-Ing.) in mechanical engineering from the Universität Stuttgart, in Stuttgart, Germany, and a Ph.D. in economics from Princeton University.

Registration and Inspections

Martin C. Schmalz

Chief Economist and Director

Office of Economic and Risk Analysis

Martin C. Schmalz is the PCAOB’s Chief Economist and the Director of its Office of Economic and Risk Analysis (OERA). In this role, Dr. Schmalz is responsible for advising and assisting the Board by conducting independent, data-driven economic and risk analyses to inform its oversight activities, including inspections, investigations, rulemaking, and standard setting.

While at PCAOB, Dr. Schmalz is on leave from his position as Professor of Finance, Economics, and Real Estate at the University of Oxford, Saïd Business School, where he served as the Academic Area Head for the Finance, Accounting, Managerial Science, and Economics faculty group before joining PCAOB.  Dr. Schmalz was previously on the faculty of the University of Michigan’s Stephen M. Ross School of Business and its Center on Finance, Law and Policy.

Dr. Schmalz holds a graduate degree (Dipl.-Ing.) in mechanical engineering from the Universität Stuttgart, in Stuttgart, Germany, and a Ph.D. in economics from Princeton University.

Offices

Chief Auditor

Martin C. Schmalz

Chief Economist and Director

Office of Economic and Risk Analysis

Martin C. Schmalz is the PCAOB’s Chief Economist and the Director of its Office of Economic and Risk Analysis (OERA). In this role, Dr. Schmalz is responsible for advising and assisting the Board by conducting independent, data-driven economic and risk analyses to inform its oversight activities, including inspections, investigations, rulemaking, and standard setting.

While at PCAOB, Dr. Schmalz is on leave from his position as Professor of Finance, Economics, and Real Estate at the University of Oxford, Saïd Business School, where he served as the Academic Area Head for the Finance, Accounting, Managerial Science, and Economics faculty group before joining PCAOB.  Dr. Schmalz was previously on the faculty of the University of Michigan’s Stephen M. Ross School of Business and its Center on Finance, Law and Policy.

Dr. Schmalz holds a graduate degree (Dipl.-Ing.) in mechanical engineering from the Universität Stuttgart, in Stuttgart, Germany, and a Ph.D. in economics from Princeton University.

Chief Hearing Officer

Martin C. Schmalz

Chief Economist and Director

Office of Economic and Risk Analysis

Martin C. Schmalz is the PCAOB’s Chief Economist and the Director of its Office of Economic and Risk Analysis (OERA). In this role, Dr. Schmalz is responsible for advising and assisting the Board by conducting independent, data-driven economic and risk analyses to inform its oversight activities, including inspections, investigations, rulemaking, and standard setting.

While at PCAOB, Dr. Schmalz is on leave from his position as Professor of Finance, Economics, and Real Estate at the University of Oxford, Saïd Business School, where he served as the Academic Area Head for the Finance, Accounting, Managerial Science, and Economics faculty group before joining PCAOB.  Dr. Schmalz was previously on the faculty of the University of Michigan’s Stephen M. Ross School of Business and its Center on Finance, Law and Policy.

Dr. Schmalz holds a graduate degree (Dipl.-Ing.) in mechanical engineering from the Universität Stuttgart, in Stuttgart, Germany, and a Ph.D. in economics from Princeton University.

Chief Operating Officer

Martin C. Schmalz

Chief Economist and Director

Office of Economic and Risk Analysis

Martin C. Schmalz is the PCAOB’s Chief Economist and the Director of its Office of Economic and Risk Analysis (OERA). In this role, Dr. Schmalz is responsible for advising and assisting the Board by conducting independent, data-driven economic and risk analyses to inform its oversight activities, including inspections, investigations, rulemaking, and standard setting.

While at PCAOB, Dr. Schmalz is on leave from his position as Professor of Finance, Economics, and Real Estate at the University of Oxford, Saïd Business School, where he served as the Academic Area Head for the Finance, Accounting, Managerial Science, and Economics faculty group before joining PCAOB.  Dr. Schmalz was previously on the faculty of the University of Michigan’s Stephen M. Ross School of Business and its Center on Finance, Law and Policy.

Dr. Schmalz holds a graduate degree (Dipl.-Ing.) in mechanical engineering from the Universität Stuttgart, in Stuttgart, Germany, and a Ph.D. in economics from Princeton University.

Communications and Engagement

Martin C. Schmalz

Chief Economist and Director

Office of Economic and Risk Analysis

Martin C. Schmalz is the PCAOB’s Chief Economist and the Director of its Office of Economic and Risk Analysis (OERA). In this role, Dr. Schmalz is responsible for advising and assisting the Board by conducting independent, data-driven economic and risk analyses to inform its oversight activities, including inspections, investigations, rulemaking, and standard setting.

While at PCAOB, Dr. Schmalz is on leave from his position as Professor of Finance, Economics, and Real Estate at the University of Oxford, Saïd Business School, where he served as the Academic Area Head for the Finance, Accounting, Managerial Science, and Economics faculty group before joining PCAOB.  Dr. Schmalz was previously on the faculty of the University of Michigan’s Stephen M. Ross School of Business and its Center on Finance, Law and Policy.

Dr. Schmalz holds a graduate degree (Dipl.-Ing.) in mechanical engineering from the Universität Stuttgart, in Stuttgart, Germany, and a Ph.D. in economics from Princeton University.

Economic and Risk Analysis

Martin C. Schmalz

Chief Economist and Director

Office of Economic and Risk Analysis

Martin C. Schmalz is the PCAOB’s Chief Economist and the Director of its Office of Economic and Risk Analysis (OERA). In this role, Dr. Schmalz is responsible for advising and assisting the Board by conducting independent, data-driven economic and risk analyses to inform its oversight activities, including inspections, investigations, rulemaking, and standard setting.

While at PCAOB, Dr. Schmalz is on leave from his position as Professor of Finance, Economics, and Real Estate at the University of Oxford, Saïd Business School, where he served as the Academic Area Head for the Finance, Accounting, Managerial Science, and Economics faculty group before joining PCAOB.  Dr. Schmalz was previously on the faculty of the University of Michigan’s Stephen M. Ross School of Business and its Center on Finance, Law and Policy.

Dr. Schmalz holds a graduate degree (Dipl.-Ing.) in mechanical engineering from the Universität Stuttgart, in Stuttgart, Germany, and a Ph.D. in economics from Princeton University.

Enterprise Risk Management

Martin C. Schmalz

Chief Economist and Director

Office of Economic and Risk Analysis

Martin C. Schmalz is the PCAOB’s Chief Economist and the Director of its Office of Economic and Risk Analysis (OERA). In this role, Dr. Schmalz is responsible for advising and assisting the Board by conducting independent, data-driven economic and risk analyses to inform its oversight activities, including inspections, investigations, rulemaking, and standard setting.

While at PCAOB, Dr. Schmalz is on leave from his position as Professor of Finance, Economics, and Real Estate at the University of Oxford, Saïd Business School, where he served as the Academic Area Head for the Finance, Accounting, Managerial Science, and Economics faculty group before joining PCAOB.  Dr. Schmalz was previously on the faculty of the University of Michigan’s Stephen M. Ross School of Business and its Center on Finance, Law and Policy.

Dr. Schmalz holds a graduate degree (Dipl.-Ing.) in mechanical engineering from the Universität Stuttgart, in Stuttgart, Germany, and a Ph.D. in economics from Princeton University.

General Counsel

Martin C. Schmalz

Chief Economist and Director

Office of Economic and Risk Analysis

Martin C. Schmalz is the PCAOB’s Chief Economist and the Director of its Office of Economic and Risk Analysis (OERA). In this role, Dr. Schmalz is responsible for advising and assisting the Board by conducting independent, data-driven economic and risk analyses to inform its oversight activities, including inspections, investigations, rulemaking, and standard setting.

While at PCAOB, Dr. Schmalz is on leave from his position as Professor of Finance, Economics, and Real Estate at the University of Oxford, Saïd Business School, where he served as the Academic Area Head for the Finance, Accounting, Managerial Science, and Economics faculty group before joining PCAOB.  Dr. Schmalz was previously on the faculty of the University of Michigan’s Stephen M. Ross School of Business and its Center on Finance, Law and Policy.

Dr. Schmalz holds a graduate degree (Dipl.-Ing.) in mechanical engineering from the Universität Stuttgart, in Stuttgart, Germany, and a Ph.D. in economics from Princeton University.

Internal Oversight and Performance Assurance

Martin C. Schmalz

Chief Economist and Director

Office of Economic and Risk Analysis

Martin C. Schmalz is the PCAOB’s Chief Economist and the Director of its Office of Economic and Risk Analysis (OERA). In this role, Dr. Schmalz is responsible for advising and assisting the Board by conducting independent, data-driven economic and risk analyses to inform its oversight activities, including inspections, investigations, rulemaking, and standard setting.

While at PCAOB, Dr. Schmalz is on leave from his position as Professor of Finance, Economics, and Real Estate at the University of Oxford, Saïd Business School, where he served as the Academic Area Head for the Finance, Accounting, Managerial Science, and Economics faculty group before joining PCAOB.  Dr. Schmalz was previously on the faculty of the University of Michigan’s Stephen M. Ross School of Business and its Center on Finance, Law and Policy.

Dr. Schmalz holds a graduate degree (Dipl.-Ing.) in mechanical engineering from the Universität Stuttgart, in Stuttgart, Germany, and a Ph.D. in economics from Princeton University.

International Affairs

Martin C. Schmalz

Chief Economist and Director

Office of Economic and Risk Analysis

Martin C. Schmalz is the PCAOB’s Chief Economist and the Director of its Office of Economic and Risk Analysis (OERA). In this role, Dr. Schmalz is responsible for advising and assisting the Board by conducting independent, data-driven economic and risk analyses to inform its oversight activities, including inspections, investigations, rulemaking, and standard setting.

While at PCAOB, Dr. Schmalz is on leave from his position as Professor of Finance, Economics, and Real Estate at the University of Oxford, Saïd Business School, where he served as the Academic Area Head for the Finance, Accounting, Managerial Science, and Economics faculty group before joining PCAOB.  Dr. Schmalz was previously on the faculty of the University of Michigan’s Stephen M. Ross School of Business and its Center on Finance, Law and Policy.

Dr. Schmalz holds a graduate degree (Dipl.-Ing.) in mechanical engineering from the Universität Stuttgart, in Stuttgart, Germany, and a Ph.D. in economics from Princeton University.

Investor Advocate

Martin C. Schmalz

Chief Economist and Director

Office of Economic and Risk Analysis

Martin C. Schmalz is the PCAOB’s Chief Economist and the Director of its Office of Economic and Risk Analysis (OERA). In this role, Dr. Schmalz is responsible for advising and assisting the Board by conducting independent, data-driven economic and risk analyses to inform its oversight activities, including inspections, investigations, rulemaking, and standard setting.

While at PCAOB, Dr. Schmalz is on leave from his position as Professor of Finance, Economics, and Real Estate at the University of Oxford, Saïd Business School, where he served as the Academic Area Head for the Finance, Accounting, Managerial Science, and Economics faculty group before joining PCAOB.  Dr. Schmalz was previously on the faculty of the University of Michigan’s Stephen M. Ross School of Business and its Center on Finance, Law and Policy.

Dr. Schmalz holds a graduate degree (Dipl.-Ing.) in mechanical engineering from the Universität Stuttgart, in Stuttgart, Germany, and a Ph.D. in economics from Princeton University.

Secretary

Martin C. Schmalz

Chief Economist and Director

Office of Economic and Risk Analysis

Martin C. Schmalz is the PCAOB’s Chief Economist and the Director of its Office of Economic and Risk Analysis (OERA). In this role, Dr. Schmalz is responsible for advising and assisting the Board by conducting independent, data-driven economic and risk analyses to inform its oversight activities, including inspections, investigations, rulemaking, and standard setting.

While at PCAOB, Dr. Schmalz is on leave from his position as Professor of Finance, Economics, and Real Estate at the University of Oxford, Saïd Business School, where he served as the Academic Area Head for the Finance, Accounting, Managerial Science, and Economics faculty group before joining PCAOB.  Dr. Schmalz was previously on the faculty of the University of Michigan’s Stephen M. Ross School of Business and its Center on Finance, Law and Policy.

Dr. Schmalz holds a graduate degree (Dipl.-Ing.) in mechanical engineering from the Universität Stuttgart, in Stuttgart, Germany, and a Ph.D. in economics from Princeton University.