IACC Council Member
Michael Hershman is an internationally recognized expert on matters relating to transparency, accountability, governance, litigation, and security. The Fairfax Group, founded in 1983, has been retained by governments, corporations, law firms, and international financial institutions to assist on matters relating to the conduct of senior-level officials and/or the entities with which they do business.
Mr. Hershman has been called upon repeatedly to respond in times of crisis by governments, public and private companies, law firms, and individuals. In high profile controversies, criminal prosecutions, and civil litigation, Fairfax has participated in some of the most prominent disputes around the world for the last twenty-eight years. From high profile events, like the Olympics and Super Bowls, to targeted terrorist attacks, Fairfax has responded to provide assistance to individuals and entities facing serious, wide-spread threats against their persons and property. Fairfax has provided litigation support, state-of-the-art digital forensics and security measures, crisis monitoring and response, and advice to corporate boards and executives, and governments in the midst of some of the most contentious situations.
In December 2006, for example, Mr. Hershman was appointed as the independent compliance advisor to the board of directors of Siemens AG, a company with more than 400,000 employees. Similarly, The Fairfax Group has assisted governments from India to Chile on ethics matters and has served as the appointed monitor of companies that have violated laws, rules, or regulations.
Mr. Hershman began his career in intelligence and investigations in Europe during the late 1960s as a special agent with U.S. Military Intelligence, specializing in counter-terrorism. After leaving the military, he moved to investigations of government misconduct and financial fraud for the New York State Attorney General’s Office and the Office of the Mayor of New York City.
Later, Mr. Hershman served as a senior staff investigator for the Senate Watergate Committee, and as chief investigator for a joint Presidential and Congressional commission, reviewing state and federal laws on wiretapping and electronic surveillance. After the wiretap commission hearings, Mr. Hershman joined the Federal Election Commission as chief investigator, where he was responsible for audits and investigations of candidates and their campaign committees.
Mr. Hershman then served as deputy staff director for the Subcommittee on International Organizations of the U.S. House of Representatives, which was responsible for legislation and oversight relating to international banks and other U.S.-supported international organizations, such as the United Nations.
Immediately prior to founding the Fairfax Group, Mr. Hershman served as deputy auditor general for the Foreign Assistance Program of the U.S. Agency for International Development (AID), where he led investigations and audits of major U.S. funded projects overseas and was responsible for worldwide security at all foreign AID missions. Mr. Hershman was awarded the Superior Honor Medal for his service at AID.
In 1993, along with Peter Eigen, Mr. Hershman co-founded Transparency International, the largest independent, not-for-profit coalition promoting transparency and accountability in business and in government. Mr. Hershman served Interpol as a member of the International Anti-Corruption Council and sits on the board of the International Anti-Corruption Conference Committee.
Mr. Hershman is a member of the board of directors of the U.S. Chamber of Commerce Foundation and advises the Chamber on corporate compliance issues. Since 2007, Mr. Hershman has been a member of the board of directors and the executive committee of the Center for International Private Enterprise.
He also served on the Financial Coalition against Child Pornography, a project of the National Center for Missing and Exploited Children, and is on the Board of Trustees of Marymount University
Since 2008, he has been named every consecutive year to the Ethisphere Institute’s list of the top 100 most influential people in business ethics worldwide.
Michael Hershman has given hundreds of speeches throughout the world on issues related to transparency and accountability and has provided commentary on ABC, CBS, NBC, PBS, CNN, CNBC, MSNBC and the Fox News Channel as well as countless national radio shows. For five years he was the co-host of the Public Radio Law Show. He has been quoted and published in the Wall Street Journal, the New York Times, the New York Post, the Washington Post, USA Today, the Financial Times, the National Law Journal and other print media