Compliance Jobs Report: Dec. 22

The Compliance Jobs Report begins with lots of news from the SEC this week: new commissioners, and several top officials moving to the private sector. We also have corporate gossip at REI, Walmart, Mutual of Omaha, and elsewhere, plus two large compliance and audit software firms announcing venture capital investments.

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

First, everyone remember where you were when you heard this news: the Securities and Exchange Commission is back to a full, five-member commission! The U.S. Senate approved nominees Robert Jackson (Democrat) and Hester Peirce (Republican) on Thursday night. This means the SEC is at full staff for the first time since 2015.

Sticking with the SEC, Gerald Hodgkins, associate director of the Division of Enforcement, is leaving the agency after 20 years of service. In his time at the SEC, Hodgkins helped to prosecute misconduct at WorldCom, Daimler, and HealthSouth; he’s leaving for private practice, but we don’t know where just yet.

Also, the SEC has named Marc Berger director of its New York regional office. Berger has been working at Ropes & Gray for a few years and is a leader of its securities and futures law practice. Before that he was a federal prosecutor for the Southern District of New York, and chief of the Securities and Commodities Task Force there. Among other cases, Berger worked on the insider trading case against SAC Capital Management and Steven A. Cohen.

And Citadel has hired the head of the SEC’s Chicago office, David Glockner, to be its next chief compliance officer. Glockner ran the SEC Chicago office from 2013 until last month. He will be among colleagues at Citadel: it hired Stephen Luparello, former head of the SEC’s trading and markets division, earlier this spring to be general counsel of its securities trading wing.

REI has named Wilma Wallace its next general counsel. Wallace most recently had been interim general counsel at Enveritas, and some of you may remember her from her days as vice president for sustainability and human rights at the Gap.

Speaking of the Gap, Anthony Martin left his job there as chief privacy officer and turned up this fall at Walmart, where he is senior director for M&A information security.

Compliance jobsBalch & Bingham, a law firm in Birmingham, Alab., has named former federal prosecutor Steve Feaga as its chief compliance officer. Feaga was head of the criminal division for the Middle District of Alabama, and had worked there for more than 20 years.

Mutual of Omaha has promoted Laura Huscroft to vice president of enterprise risk management. Huscroft joined the firm as an intern in 2010, and most recently had been financial actuarial director since 2016.

The Indian outsourcing firm Wipro has promoted Manisha Verma from corporate counsel to senior corporate counsel. She works at the firm’s offices in Hyderabad, India, and keeps an eye on its data privacy and protection policies.

In Irvine, Calif., Tenet Healthcare named Rob Coe hospital compliance officer for Fountain Valley Regional and Placentia-Linda hospitals. Coe previously worked for Tenet as privacy and security compliance officer for the Irvine region.


We bid a fond farewell to Norman Marks, a giant in the internal audit, who is retiring from the field after many years working, writing, speaking, and thinking about audit issues. You can read his farewell post in Marks on Governance, the blog he has maintained for the Institute of Internal Auditors since 2008, and we wish him well.

Liana Unger is celebrating one year as global corporate compliance and data privacy manager for pharmaceuticals company Perrigo. She’s based in Ireland.

Terry Thompson is celebrating one year as vice chancellor and chief audit executive for the University System of Georgia.

Melanie Sponholz is celebrating one year as chief compliance officer of Waud Capital Partners in Chicago.

Clivetty Martinez just hit one year as chief compliance officer of Akorn, in Lake Forest, Ill.

And Shahzad Khawaja just hit one year as chief audit executive of Providence Service Corp. in Stamford, Conn.

Vendors & Service Providers

ACL, one of the big names in audit and analytics software, just closed a $50 million round of investment — the first outside investment ACL has ever taken. Norwest, a venture capital firm in Silicon Valley, led the round.

Compliance software firm Convercent just closed a $25 million round of investment, too. This is the second round of funding Convercent announced this year; it raised $10 million in February. Rho Ventures led the round, along with existing investors Sapphire Ventures (a wing of SAP) and Tola Capital.

Deloitte just hired John Kent, former top financial reporting guru for HSBC in London, to be a partner in the firm’s U.K. banking and capital markets team.

Exiger, a compliance and investigations technology firm, just scooped up George “Ray” McEachern from the FBI. McEachern is one of the FBI’s top anti-corruption agents, working in Washington. He’ll join Exiger as a managing director in January.

Resolver has announced a partnership with Certent, to meld their SOX compliance software (Resolver) with financial disclosure and executive equity compensation software (Certent).

BlackIce Enterprise Risk Management has announced a name change to Blackchain Solutions Inc. If I were cynical, I’d say the firm is trying to score cheap points with a name that sounds like “blockchain.”

Open Req Orders

Alexion Pharmaceuticals is looking for an executive director and international counsel for Latin America, although the job is based in Boston.

State Street is looking for a SOX compliance program officer, also based in Boston.

That’s all for the week of Dec. 22— and for 2017, too! We will not have a Compliance Jobs Report for Dec. 29, although Radical Compliance will have some posts next week on other subjects.

If you have a tip or want to brag about your new job, promotion, career milestone, or anything else, just 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.

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