Richard Howitt Named IIRC CEOBy
The International Integrated Reporting Council (IIRC), a global corporate reporting organization, has appointed Richard Howitt as its CEO, succeeding Paul Druckman as of November 1, 2016. Howitt has been a Member of the European Parliament (MEP) for more than 20 years, and he helped develop the European Union’s (EU) nonfinancial information directive, a corporate disclosure reform that brought significant changes to global corporate reporting.
Howitt has long represented the EU on matters of corporate responsibility, having traveled in Africa, the Americas, and Asia to represent the EU in numerous international initiatives, including the United Nations Business and Human Rights Forum and the Organization for Economic Co-operation and Development Forum on Responsible Business Conduct.
As an IIRC ambassador, Howitt has voluntarily promoted integrated reporting in policy and business communities, successfully driving transformation in corporate reporting in more than 25 countries as a result of the International Integrated Reporting Framework, adopted by more than 1,000 businesses around the world.
Howitt’s plan as CEO will be to continue to expand strong corporate governance and, in particular, to implement the IIRC board’s strategic plan for integrated reporting principles within corporate practices worldwide.
Upon his appointment as the CEO-designate, Howitt said, “I feel this role is a culmination of two decades’ worth of advocacy for higher levels of corporate transparency, governance and reporting to deliver a new bargain between business, capital markets and society.”