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Wednesday 04 March 2015

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IFRS Foundation Trustees

 Harvey Goldschmid

Harvey Goldschmid, IFRS Foundation TrusteeHarvey J Goldschmid passed away on 12 February 2015. Professor Goldschmid had served as Dwight Professor of Law at Columbia University since 1984, having previously been an Assistant Professor (1970─71), an Associate Professor (1971─73), and a Professor of Law (1973─84) at Columbia. He was also Senior Counsel at the law firm of Weil, Gotshal & Manges. In 2002─05, Professor Goldschmid served as a Commissioner of the US Securities and Exchange Commission, and in 1998─99 he was the SEC’s General Counsel (chief legal officer); from 1 January to 15 July 2000 he was Special Senior Advisor to SEC Chairman Arthur Levitt.

Professor Goldschmid also served as Co-Chair of the IASB/FASB Financial Crisis Advisory Group, as Chair of the Board of Directors of the Greenwall Foundation, as a Public Governor and Chair of the Regulatory Policy Committee of the Financial Industry Regulatory Authority (FINRA), as a Director of the National Center on Philanthropy and the Law, as a Director of Transparency International-USA, and on the Governing Board of the Center for Audit Quality. He also served on the Advisory Board of the Yale Millstein Center for Corporate Governance and Performance, on the PCAOB Advisory Council, on the Governance Leadership Council of RiskMetrics, and on the International Advisory Board of the Israel Securities Authority.

Professor Goldschmid was a frequent lecturer at national and international legal programmes and conferences, and during the 2005─08 academic years, he served as a Distinguished Visitor at the American Academy in Berlin, Germany, as Distinguished Fellow in Ethics and Leadership at NYU’s Stern School of Business, and as a Business Law Advisor for the ABA Section of Business Law (‘a distinguished leader of the profession’ who will share ‘wisdom and experience with members of the Section’). He received the 2004 Lawrence A. Wien Prize for Social Responsibility from Columbia University (honouring an attorney who puts his ‘legal skills to work for the public good’); the 1999 Chairman’s Award for Excellence from the SEC; and several teaching awards, including Columbia Law School’s Willis L.M. Reese Award for Excellence in Teaching in both 1996 and 1997.

In 1980─93, Professor Goldschmid served as a Reporter for the American Law Institute’s Principles of Corporate Governance: Analysis and Recommendations. In 2000─01 he served as Chair of the Nominating Committee, and in 1998 completed a term as Treasurer and a member of the Executive Committee (Board of Directors) of the NYC Bar Association, where Professor Goldschmid previously served as Chair of the Executive Committee, Chair of the Committee on Securities Regulation, and Chair of the Committee on Antitrust and Trade Regulation. He also has served as Chair of the Section on Antitrust and Economic Regulation of the Association of American Law Schools and as Founding Director of Columbia University’s Center for Law and Economic Studies.

Professor Goldschmid received his JD, magna cum laude, from Columbia Law School in 1965 and a BA, also magna cum laude, from Columbia College in 1962. He was Articles Editor of the Columbia Law Review and a member of Phi Beta Kappa. He is the author of numerous publications on corporate, securities and antitrust law.