The Board of Regents approved the appointment of Jeffrey M. Moelich as executive director of University Audits, effective July 9. The board approved the appointment at its meeting June 21.
“Jeff brings talent, expertise and leadership experience to the university,” President Mary Sue Coleman said. “The Office of University Audits is critical to the integrity and transparency of U-M, and we are confident Jeff will do an excellent job.”
The executive director of University Audits is responsible for the conduct and operations of all internal audit activities, and supporting the system of internal controls and risk management across the university. The position reports directly to the president and to the chair of the Finance, Audit and Investment Committee of the Board of Regents.
Moelich’s appointment comes at the conclusion of a six-month, nationwide search for a candidate to replace Carol Senneff, who announced earlier this year she would retire after serving nearly eight years in the position.
In January, the Office of the President assembled a search committee chaired by Cheryl Soper, controller and director of financial operations, with representation from several areas of campus including the Office of the Vice President and General Counsel, Stephen M. Ross School of Business and the Department of Athletics. The committee worked with executive search firm Opus Search Partners to conduct the search.
Moelich has more than 28 years of experience in the finance industry. Since 2010 he has served as the director of global internal audit at Boart Longyear, a mineral exploration drilling service and product provider in South Jordan, Utah. He previously served in executive positions at Eaton Corp., General Motors Corp. and the accounting firm PricewaterhouseCoopers, LLP.
Moelich received his Bachelor of Science degree in accounting from the University of Detroit in 1982 and his Master of Business Administration with a concentration in finance from U-M in 1984. He is a certified public accountant, certified internal auditor and is a member of several auditing associations including the Institute of Internal Auditors, the Northeast Chapter of the IIA, and Manufacturers Alliance, Internal Audit Council II.
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