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Richard F. Chambers
President and CEO
The Institute of Internal Auditors
Richard F. Chambers, CIA, CCSA, CGAP, is the President and CEO of The Institute of Internal Auditors. He has more than 35 years of internal audit and related experience. Prior to leading the IIA, Chambers served as national practice leader at PricewaterhouseCoopers and held various internal audit and inspector general positions with the federal government.
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Chuck Eldridge
Senior Client Partner
Atlanta
Chuck Eldridge is a Senior Client Partner operating in Korn/Ferry International’s Financial Officers Center of Expertise, based in the Firm’s Atlanta office. In this role, Mr. Eldridge provides a full suite of talent management solutions to Fortune 500 clients, other publicly-traded companies, private businesses and select not-for-profits.
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Paula Park
Senior Client Partner
San Francisco
Paula Park is a Senior Client Partner in Korn/Ferry International's San Francisco office, a member of the Firm's Global Consumer Market, and she is actively involved in the Financial Officers Center of Expertise. As a veteran of executive search, Ms. Park has specialized in placing financial executives at Fortune 1000 companies for almost two decades.
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License to Lead: Seven personal attributes that maximize the impact of the most successful chief audit executives
By
Richard F. Chambers, Chuck Eldridge and Paula Park
For internal auditing, a new era has begun. After nearly a decade of earth-shaking events for corporations, those responsible for reviewing internal controls, operational efficiency, and regulatory compliance are under a harsh spotlight. For the chief audit executive (CAE), business as usual is clearly over. Corporate boards and CEOs are now demanding a new profile: a CAE who understands all facets of the business and can operate as an agent of change.
Old-line CAEs who have been entrenched solely in internal auditing may no longer fit the profile that corporate boards seek. Today, it's estimated that within the Fortune 500, new CAEs are recruited from outside internal auditing almost half the time. In order to identify the traits essential to success for today's CAE, Korn/Ferry International and The Institute of Internal Auditors partnered to conduct a series of interviews with high-profile CAEs in the United States and abroad.
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