Mike Koehneman
authID.ai
Introduction
Mike Koehneman is a distinguished professional with a rich career spanning over four decades, primarily at PwC, a leading global professional services firm. His career path is a testament to his dedication, skill, and leadership in the fields of finance, risk management, operations, and large-scale transformations.
Educational Background
Mike's academic journey began at the University of Missouri-Saint Louis where he pursued a Bachelor of Science in Business Administration with a focus on accounting. He completed his degree in 1981, laying the foundation for his future endeavors in the financial sector.
Career Beginnings at PwC
Starting as an entry-level auditor at PwC in 1981, Mike's commitment and expertise quickly propelled him forward. Through hard work and a keen understanding of financial audits, internal controls, and security reviews, he rose through the ranks. By 1993, Mike was admitted as a partner, marking a significant milestone in his career.
Lead Engagement Partner (1993-2005)
Between 1993 and 2005, Mike took on the role of Lead Engagement Partner for Financial Statement Audits, mainly focusing on the Financial Services and Healthcare sectors. His responsibilities included overseeing annual audits and major initiatives like the implementation of Section 404 of the Sarbanes-Oxley Act and Initial Public Offerings.
US Advisory Operations and Transformation Leader (2005)
In 2005, Mike transitioned to a leadership role as the US Advisory Operations and Transformation Leader at PwC. Here, he managed all aspects of the Advisory business's operations, successfully driving revenue growth from $400 million to over $5 billion. His tenure saw the redesign of operating models, integration of major acquisitions, and innovative talent management systems, highlighting his capability in orchestrating large-scale transformations.
Global Advisory Chief Operating Officer and Human Capital Leader (2016)
By 2016, Mike had advanced to the position of Global Advisory Chief Operating Officer and Human Capital Leader. In this role, he led global operations, initiated network-wide systems and infrastructure projects, and spearheaded human capital transformation programs. He also served as the global relationship partner for a major technology company until his retirement in 2020.
Post-Retirement Career
Mike's post-retirement career remains robust. He currently serves as an Audit Committee and Board Member at authID.ai and Aspen Group, Inc., roles he has held since June 2021 and July 2020, respectively. In these capacities, he contributes as a financial expert, leveraging his extensive experience to guide audit committees effectively.
Key Skills and Expertise
Throughout his career, Mike has honed a diverse skill set, including:
- Strategic planning
- Mergers and acquisitions
- Sarbanes-Oxley compliance
- ERP
- Business development
- Internal audit
- US GAAP
- Operational excellence
Conclusion
In summary, Mike Koehneman's professional journey is characterized by his rise from an entry-level auditor to a top executive at PwC, culminating in his significant contributions to the boards of prominent companies. His educational background, extensive experience, and strategic insight make him a respected and influential figure in the financial and audit sectors.
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