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Duane M DesParte

Duane Des Parte


United States of America

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Former Board Member and Acting Chair of the Public Company Accounting Oversight Board

Duane M. DesParte was appointed to the IAASB-IESBA Stakeholder Advisory Council in January 2024. Previously, he was appointed by the US Securities and Exchange Commission as a board member of the US Public Company Accounting Oversight Board (PCAOB), serving from April 2018 through October 2023 (including as Acting Chairperson from June 2021 to January 2022). From October 2020 through April 2023, Mr. DesParte served as Chair of the International Forum of Independent Audit Regulators.

Prior to the PCAOB, Mr. DesParte served for 10 years as Senior Vice President and Corporate Controller of Exelon Corporation, then a Fortune 100 company in the energy industry. Prior to this chief accounting officer role, he served in various business unit finance and controller officer positions.

Before joining Exelon in 2003, Mr. DesParte was an audit and assurance partner in Deloitte's Chicago office. He joined Deloitte in 2002 after spending nearly 17 years at Arthur Andersen. In public accounting, Mr. DesParte primarily performed financial statement audits for public company SEC registrants.

Mr. DesParte graduated with highest honors from the University of Illinois at Urbana-Champaign in 1985 with a Bachelor of Science degree in Accountancy. He joined Andersen in 1985 and achieved partner status in 1998. He became a Certified Public Accountant in 1985, is licensed in Illinois, and is a member of the AICPA and Illinois CPA Society.