The Compliance Jobs Report begins this week with big turnover at the PCAOB: four senior executives gone this week. Facebook has named a data protection officer; several colleges have new compliance leaders. Duke Energy has shuffled some accounting and finance roles. And our Meme of the Week goes out to everyone struggling with whistleblowers. Read on…
I gather these bits of information from LinkedIn, news alerts, and friends emailing me something to include. If you have a tip to pass along, email me at [email protected] or find me on LinkedIn. This report depends on people like you helping me, so send some news.
Compliance Jobs News
Housecleaning at the Public Company Accounting Oversight Board! Now that new board members are firmly in place at the PCAOB, a staff shakeup is underway. This week saw the departure of Martin Baumann (chief auditor), Helen Munter (director of registrations and inspections), Gordon Seymour (general counsel), and Nirav Kapadia (director of IT). No replacements have been named yet. Claudius Modesti, head of enforcement, is still at the agency as of this week.
William Duhnke, the new chairman of the PCAOB, also just gave his first major speech; and the agency conducted a public input survey on its future — so clearly there’s a lot going on here. We’ll have more on this next week.
Back in the corporate world, Facebook named Stephen Deadman as the company’s data protection officer to comply with the EU’s General Data Protection Regulation. Deadman, based in London, has been global deputy chief privacy officer since 2015. He also will serve as data protection officer for Facebook subsidiaries Instagram and WhatsApp. Kudos to Facebook for announcing this news one day before the GDPR went into effect.
While we’re on the subject of data protection officers, Italian energy and water company Acea SpA has named Alessia Zeppieri DPO. Zeppieri has been the utility’s corporate privacy officer since 2015.
BAE Systems has hired Maria Sonin as an ethics manager, working from its offices in Nashua, N.H. Sonin comes to BAE from Compliance Week, where she had been director of events since 2014.
The University of North Texas has named Clay Simmons its chief compliance officer and director of institutional compliance. He previously was the chief compliance officer for Oregon State University.
Penn State has named Gary Langsdale interim chief ethics and compliance officer beginning July 1, taking over for the retiring Regis Becker. Langsdale is the school’s risk officer and will continue to serve in that role as well while the university looks for a replacement for Becker.
In Charlotte, N.C., Duke Energy has re-assigned Bill Currens from controller and chief accounting officer to head of financial planning and analysis; and likewise moved Dwight Jacobs, senior vice president of financial planning and analysis, to be controller and chief accounting officer.
Marlene Timberlake D’Adamo, chief compliance officer at the California Public Employees’ Retirement System (CalPERS), has been named interim CFO there upon the sudden departure of Charles Asubonten. Asubonten had only been in the CFO job a few months before questions were raised about whether his work experience or qualifications had been exaggerated, but CalPERS hasn’t provided any juicy details yet.
Jessica Dellinger has been named investment compliance officer at FineMark National Bank & Trust in Palm Beach, Fla. Dellinger previously served as a regulatory risk and control consultant for SunTrust in Jupiter, Fla.
About that opening at the Securities and Exchange Commission, to replace Republican commissioner Michael Piwowar when he leaves in July: word is that Elad Roisman is on the shortlist to replace him. Roisman is chief counsel for Senate Banking Committee. The next question is whether the Trump Administration will nominate Roisman (or anyone else) soon, or pair that nomination with someone to replace Democratic commissioner Kara Stein, whose term is also up.
And congratulations to a bunch of compliance staff at BNP Paribas who were promoted this spring. The bank’s Americas division promoted about 50 people. We can’t list them all here, but chief compliance officer Eric Young posted a nice photo of the award each person received. You can read the names there and then scramble to do the same for your team.
We missed this until now: David Becker was named chief risk and compliance officer of Equiniti Trust Co. earlier this year. That’s the U.S. business of Equiniti Group, which acquired the Wells Fargo Shareowner Services business last year. Prior to that Becker had worked at PwC and at American Stock & Transfer Trust Co.
Domenick Claudio, executive director of global finance compliance at Estee Lauder in New York, is celebrating 10 years with the company.
Linda Perna is celebrating 25 years with institutional equities manager Cooke & Bieler. Perna is a partner and chief compliance officer at the Philadelphia firm.
Vendors & Service Providers
COSO has created a new certificate program for its enterprise risk management framework, for those who don’t have enough acronyms on their LinkedIn profile.
Open Req Orders
DJO, a medical device company, is hiring a director of compliance. Job is based in Vista, Calif.
Kimberly-Clark is looking for a senior auditor. Job is in Wisconsin.
Gatehouse Bank in London is seeking a compliance officer. You’d get to work in Mayfair.
Compliance Meme of the Week
That’s all for the week ending May 25. Have a good Memorial Day Weekend, and remember the soldiers who made our long weekend possible. If you have a tip or want to brag about your new job, promotion, career milestone, or anything else, email me at [email protected] or find me on LinkedIn. I’m always happy to give credit to the many hard-working people here in our corner of the business universe.