SASB Appoints New Chief Operating Officer Matthew Welch Brings Financial & Operations Expertise to SASB's Leadership Team

SAN FRANCISCO, March 19, 2014 /PRNewswire/ -- The Sustainability Accounting Standards Board™ (SASB)™, a 501c3 non-profit organization that provides sustainability accounting standards for use by publicly listed corporations in the U.S., today announced the appointment of Matthew Welch as Chief Operating Officer.

Welch has held various leadership roles with impact-driven organizations in the nonprofit and for profit sectors. He served as COO at Junyo and held the senior operating role at Kaplan K12 Learning Services, managing budgets up to $56 million. His expertise includes launching new revenue streams and increasing the efficiency, effectiveness, and profitability of operations. At SASB Welch will oversee the financial oversight, human resources, and operations functions, and he will drive the development, monetization, and marketing of SASB products and programs.

"Matthew's blend of experience—including working with both non-profit and for-profit education entities—is a perfect fit for SASB," says Dr. Jean Rogers, SASB CEO. "As SASB issues 80+ industry standards and releases accompanying education products, we need to scale our operations accordingly.  Matthew will help build the processes and infrastructure necessary to grow in a cost-effective manner."         

"I'm thrilled to join SASB and work alongside the leadership and board to help SASB grow and increase its effectiveness," says Welch. "SASB has achieved great progress in a short period of time. I look forward to helping position SASB for accelerated growth and continued success."

Welch has a bachelor's degree from Grinnell College and a master's degree in public administration from Columbia University. He sits on the Board of Trustees for Grinnell College.

About SASB
The Sustainability Accounting Standards Board™ (SASB)™ is an independent 501(c)3 organization that develops industry-specific standards for use in disclosing material sustainability issues in mandatory filings to the Securities and Exchange Commission. More than 1,350 individuals from individuals representing $15T assets under management and $6.5T market capital have participated in multi-stakeholder industry working groups informing standards development for six sectors to date.  For more information about SASB, visit www.sasb.org, or follow us on YouTube, Twitter or LinkedIn.

Contact:  Amanda Medress, 1-415-830-9220 x106, amanda.medress@sasb.org  

SOURCE Sustainability Accounting Standards Board (SASB)



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