Compliance Officers on the Move: Nov. 25
Even on this Thanksgiving-shortened week, we have some compliance jobs news and gossip, including a new CCO for Credit Suisse in Switzerland, a few moves within the federal government, and two recent victories for one of the heavyweights on the FCPA defense bar.
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 mkelly@radicalcompliance.com or find me on LinkedIn.
Compliance Jobs
Sabine Hoppe has a new job at Siemens, as project manager for export controls compliance in Orlando. Hoppe has been with Siemens in various roles since 2001, and most recently was head of export controls and customs for Siemens China Ltd.
In Washington, D.C., Craig Verkerke has new job within the federal government. Verkerke has moved from the Commerce Department, where he was unit chief for the Office of Export Enforcement; to the Homeland Security Department, where he is now senior special agent within the DHS Office of Inspector General.
Credit Suisse just named Erwin Grob chief compliance officer for a new unit the bank just opened in Switzerland, Credit Suisse Schweiz AG.
Down in Australia, the head of the anti-corruption agency for New South Wales, Megan Latham, has resigned. According to the Sydney Morning Herald, Latham bailed from her role as head of the Independent Commission Against Corruption after hearing that she would need to re-apply for her job amid a government restructuring.
Morehouse College in Atlanta has hired Joy White as associate general counsel. White, who comes to the college from several private law firms in Atlanta, works on employment and labor issues.
A wave of departures hit the Securities and Exchange Commission last week, as we usually see at the end of a presidential administration. Matthew Solomon is leaving as chief litigation counsel; Stephen Luparello is leaving as director of the Division of Trading and Markets. And Chief Accountant Jim Schnurr announced his retirement. Wesley Bricker, deputy chief accountant, will replace Schnurr at least until new leadership at the agency arrives in January. (Those new leaders would do well to keep Bricker right where he is.)
At the Securities and Exchange Commission, so many officials are leaving here in the twilight of the Obama Administration that we’re going to
And while this isn’t jobs news per se, we do want to note the former general counsel of Bio-Rad, Sanford Wadler, who is in litigation with his ex-company. In a recent motion, Bio-Rad said Wadler faked an FCPA complaint to save his job amid fears he was about to get fired for incompetence. Bio-Rad already had FCPA troubles in Russia, Thailand, and elsewhere; Wadler says he uncovered similar misconduct in China and was then fired in an act of whistleblower retaliation. One of the more riveting whistleblower retaliation dramas unfolding in court right now.
Vendors and Service Providers
We take a moment this week to congratulate Mark Mendelsohn, former deputy chief of the Fraud Section at the Justice Department. Mendelsohn left the department in 2010 to rake in the big bucks at law firm Paul Weiss doing FCPA defense work. Well, he is earning his keep: Mendelsohn scored two notable settlements recently with Embraer ($205 million) and JP Morgan ($264 million). We assume Mendelsohn will pick up the tab next time Radical Compliance is in Washington.
Milestones
Meghan Schrotenboer just hit one year at Spectrum Health in Grand Rapids, Mich. She is a security analyst there.
Candice Kramer is celebrating one year at Tenet Healthcare in Detroit as market compliance officer.
Dylan Carson hit his one-year anniversary at the Justice Department, as a trial attorney in the Antitrust Division working on media and telecom cases.
Kfir Manor just reached 10 years at Novartis in various finance and compliance roles. He has been head of compliance and process performance improvement for AMEA, China and Japan at the company since 2015.
As I mentioned above, if you have any career moves you want the world to know, feel free to email me at mkelly@radicalcompliance.com 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.