Raymond Doherty 24 Jun 2019 03:50pm

Howitt steps down as leader of IIRC

Richard Howitt has stood down from his role as CEO of the International Integrated Reporting Council (IIRC)

He had led the council – which works towards a global reporting framework that better reflects a company’s value creation over time – for almost three years.

Howitt, a former Labour MEP, did not provide a reason for why he was leaving the position. He said, “It has been a privilege to serve the IIRC and to be part of its historic mission to transform corporate reporting in the world.

“This is a proud but sad day for me, and one from which I will always advocate for the fundamental values represented in our work.”

Barry Melancon, IIRC board chair, added that, “We understand it is the right time professionally and personally for him, to enable the IIRC to seek fresh leadership as we seek to intensify our efforts to bring clarity to the reform of the corporate reporting landscape”.

The IIRC plans to announce an interim CEO shortly before launching a formal search for a permanent candidate.

The coalition was set up in August 2010 and since then has expanded to embrace more than 70 organisations, including regulators, investors, companies, standard-setters, the accounting profession, and NGOs.

Currently, some 1,600 companies in more than 65 countries use integrated reporting principles to communicate their activities and value creation.