Formerly a division of Marriott International, Marriott Vacations Worldwide became a separate public company in 2011 through a spin-off. At the time of the spin-off, senior vice president and chief audit executive Julie Cochrane Meyer was tasked with creating the company's internal audit department.
Meyer's function selects specific IT audits based on the company-wide risk assessment it conducts each year and a separate risk assessment related solely to IT risks. Their internal audit's consulting and facilitating contributions have helped earn the function trust throughout the business. For example, internal audit associates offer privacy and data security guidance to their colleagues when the company enters into a relationship with a new technology vendor. “...we try to keep abreast of IT changes on the horizon,” Meyers says.