Managing Director, Internal Audit
Morane Kerek was promoted to managing director of internal audit for the United States Olympic Committee in February 2013, a little more than six years after she began her duties as controller on Oct. 24, 2006. In her current role, Kerek manages both the long-term and day-to-day operations of all USOC audit functions, and evaluates the overall effectiveness of USOC accounting controls and operating practices. She also assists the National Governing Bodies in understanding and achieving compliance with USOC requirements, which includes the review of NGB grant reports and the evaluation of NGB disbursement of athlete assistance funds. Kerek also serves as a staff liaison to the USOC Audit Committee.
Kerek joined the USOC after serving as vice president of finance for sports, entertainment and media at IMG. Kerek oversaw budgeting, forecasting and new business evaluations for the tennis division. In her role, she devised and implemented cost reduction initiatives, and introduced new forecasting procedures to increase accuracy and improve communication.
In addition to the tennis division’s budgetary oversight, Kerek also contributed to the financial goals of various divisions at IMG during her tenure. For the consulting division, she assisted with new growth strategies as the division moved from handling individual projects to being the sponsorship agency of record for clients. While monitoring the soccer division’s budgetary goals from 2002-2004, the division met budget for the first time in five years under Kerek’s leadership. Kerek also served as controller for TWI – the sport production arm of IMG and the company’s largest division – from 1999-2001. In that role, she was responsible for the quarterly closing, financial statements, intercompany accounts and cash flow forecasts, which averaged $75 million. She also served as liaison for year-end audit.
Kerek joined IMG in 1996 as a client accountant after beginning her career at the Cleveland office of Ernst & Young, LLC in 1993.
Kerek is a graduate of Miami University in Oxford, Ohio, with a Bachelor of Science degree in accounting. She is a member of the Ohio Society of Certified Public Accountants.