Compliance Officers on the Move: Nov. 11

First, thank you to our veterans; and welcome to this week’s roundup of compliance jobs news. We have a promotion at Zenefits; new compliance hires at GE, LPL Financial, and TransUnion; a few vendors continuing to expand their empires; and more.

I gather these bits of gossip from LinkedIn, news alerts, and friends emailing me something to include. If you have a tip or want to brag about your new job, promotion, career milestone, or whatever—just email me at [email protected] or find me on LinkedIn.

Jobs News

Zenefits, an online provider of HR software that ran into severe compliance troubles last year, is promoting chief compliance officer Joshua Stein to be general counsel. Stein helped Zenefits clean up its compliance messes (lots of settlements with lots of state regulators) and has rapidly risen through the ranks of the new executive team that arrived there in early 2016.

In Dallas, Donna Schroeder landed a new job as a senior examiner at LPL Financial. Schroeder previously worked at LPL in the 2000s, and most recently did a tour of duty as a compliance associate at Ranger Capital Group.

Renata Cruz just landed a new job at General Electric as compliance leader for Latin America. Cruz previously worked for five years as a compliance officer at Marsh, and did a stint at GE Capital before that. She is based in Sao Paolo.

Protective Life Corp., an insurance business based in Birmingham, Alab., has named Michelle Moloney chief risk officer. Moloney has worked in various risk management roles for more than 20 years at insurers such as Transamerica Re, Swiss Re, and elsewhere.

JobsNykredit, a mid-sized financial services firm in Denmark, has named Lars Maagaard its next chief audit executive. Maagaard will start the job next March 1. Maagaard comes to Nykredit from Deloitte, where he was chief auditor, and in the past has held jobs at Nordea and Danske Bank.

Astellas Pharma has named Abdul Luheshi as executive director of global ethics & compliance for its Europe operations. He is based in London. Luheshi previously worked at KPMG as a director in its life sciences compliance practice.

In Pittsfield, Mass., Berkshire Bank has named Gregory Lindenmuth as chief risk officer. Lindenmuth comes to the bank from the Federal Deposit Insurance Corp., where he was a senior examiner in the Division of Risk Management Supervision. We envy him getting to work in the lovely foothills of western Massachusetts.

Boston-based Signator Investors, a broker-dealer firm, just named Joseph Terry as deputy chief compliance officer. Terry will be responsible for overall compliance and supervision, plus implementation of the Labor Department’s new fiduciary duty rule (assuming that rule survives in a future Trump Administration). Prior to Signator, Terry worked as a supervision chief at AIG.

Credit reporting agency TransUnion has named Altaf Baki a senior attorney in its legal department. Baki previously spent a year as compliance counsel at Hollister International, and worked in Grainger’s legal department before that. He is based in Chicago.

Markel CATCo, a reinsurance firm, has named John Whiley chief compliance officer. He previously worked at Prime Management Ltd., a division of SS&C GlobeOp.

Vendors & Service Providers

Congratulations to Compliance Risk Concepts, which is opening new offices next week on Lexington Avenue in New York City.

Likewise, congrats to Denver-based Convercent, which just opened its first European offices in London. Convercent’s man in London is Keith Read, former head of compliance for British Telecom and possibly the nicest guy in all of Britain.


Angelique Lee-Rowley is celebrating one at GW Pharmaceuticals as U.S. general counsel and compliance officer.

David Korn is celebrating one year as chief compliance officer at Aaron’s, a retailer based in Atlanta.

Stefano Tortis is celebrating one year at Cardinal Health as head of compliance for Italy, Portugal, and Spain.

As I mentioned above, if you have any career moves you want the world to know, feel free to email me at [email protected] or find me on LinkedIn. We post this roundup every Friday, and I’m always happy to give credit to the many hard-working people here in our corner of the business universe.

Leave a Comment

You must be logged in to post a comment.