R. Harold Schroeder
Education
M.B.A., Tulane University
Summary of Experience
Mr. Schroeder has over 45 years of experience in investing, auditing, and financial reporting. He is a member of the Investor Advisory Group of the Public Company Accounting Oversight Board (PCAOB) and a former member of the Financial Accounting Standards Board (FASB). As a member of the FASB, Mr. Schroeder was part of the group responsible for setting US generally accepted accounting principles (GAAP). During his 10 years at the FASB, it issued over 200 standards, including several that had significant impacts on accounting for revenue, leases, and credit losses (the latter referred to as the current expected credit losses (CECL) accounting model). Prior to joining the FASB, Mr. Schroeder was a partner and senior portfolio manager at Carlson Capital, responsible for managing long- and short-equity positions in the financial services industry, including both public and private companies. He also spent several years as a senior equity analyst with Schroder & Company and KBW, and served as CFO of Nafinsa Securities, Nafinsa Real Estate, and Nafinsa Holdings (a subsidiary of Nacional Financiera, the primary development bank for the government of Mexico). Prior to those roles, Mr. Schroeder spent 13 years, including three years as a partner, with Ernst & Young in its New York financial services and national offices, performing various technical accounting, consulting, and auditing roles. He is a former member of the FASB’s Emerging Issues Task Force and the PCAOB’s Standing Advisory Group. Mr. Schroeder is an adjunct faculty instructor at Western Connecticut State University’s Ancell School of Business and previously held a similar position at Rutgers Business School. He has earned the designation of certified public accountant.