Erich Schumann is a founding partner of Global Atlantic Partners LLC and managing partner of its business consulting services, which provides clients with business development needs or those experiencing transitional management challenges with creative, cost efficient and expedient solutions. Mr. Schumann is a Certified Internal Auditor (CIA), a Certified Fraud Examiner (CFE), a Certified in Risk and Information Systems Control (CRISC), a Certified in Risk Management Assurance (CRMA), and an expert in internal audit, internal control and banking. He is an adjunct professor at Brandeis University’s International Business School teaching corporate governance to graduate students. Mr. Schumann also teaches CPE courses for business professionals on behalf of CPE Inc.
Mr. Schumann has more than 20 years of senior management experience in Europe, Asia, Latin America and North America. Prior to forming Global Atlantic Partners LLC, he served as executive vice president and chief accounting officer for FleetBoston Financial, formerly BankBoston, the seventh largest U.S. bank. Mr. Schumann has worked extensively in Germany, Hong Kong, Switzerland, Brazil and the U.S., holding numerous executive positions, including chief financial officer, chief administrative officer, leasing division head and branch manager.
Additionally, Mr. Schumann has worked as an internal consultant and crisis manager and has led a wide range of projects, including implementation of the COSO program in the Bank’s Brazil operation, major corporate-wide cost reduction and restructuring programs, a review of a $6 billion venture capital business, the foundation of a business-to-business Internet venture, and many merger and acquisition negotiations.
Mr. Schumann has served as a member of the Internal Auditing Standards Board (IASB) of the IIA and now serves as the Vice-Chairman of its Professional Issues Committee. In addition, he is treasurer of The Boston Plan for Excellence in the Public Schools. He holds a master’s degree in finance and a bachelor’s degree from the University of Frankfurt, Germany. He also is a graduate of the Harvard Business School’s Advanced Management Program and of its Seminar for Corporate Financial Management.
Mr. Schumann is fluent in German and Portuguese and conversational in Spanish.