Compliance Jobs Report: April 16

Another gut-busting Compliance Jobs Report this week! We have news from the regulatory world, the head of compliance at Walmart leaving, a bunch of compliance moves in the healthcare world, some job openings to note — and our first-ever compliance officer sex tape scandal!

As always, thank you to all the compliance people sending me tips and links to keep this report going. We need your help to make the Report work, so send me some news! If you have a tip to pass along, email me at [email protected] or find me on LinkedIn.

Compliance Jobs News

We begin this week right at the top: the Senate has confirmed Gary Gensler to be chairman of the U.S. Securities & Exchange Commission. Gensler’s appointment brings the SEC back to its full five-member complement for the first time since January, and now he and the other two Democratic commissioners can begin to advance their agenda and make key staff appointments too. So, here we go!

Also, the Biden Administration has nominated Kenneth Polite to be assistant attorney general of the Criminal Division of the Justice Department. Criminal Division AAG is an important role for prosecuting cases of corporate misconduct, and for giving speeches about FCPA enforcement or compliance programs that we all parse for hidden meaning. Lately Polite has been at law firm Morgan Lewis; during the Obama Administration he was U.S. attorney for the Eastern District of Louisiana, which includes New Orleans.


As you may have heard, Daniel Trujillio is departing today from his role as top ethics and compliance executive at Walmart. Trujillo had been global chief ethics and compliance officer since 2019, and ran international compliance at Walmart for six years before that, essentially the No. 2 compliance role at Walmart. We only know that Trujillo is leaving “to pursue other opportunities” — but please note that Trujillo’s deputy, David Searle, also left Walmart just last month to take the CCO job at Tesla. So both top compliance jobs are vacant at the world’s largest retailer. Hmmm.

The Fossil Group, retailer of watches and other fashion accessories, has promoted Stephen Shelton to chief audit and compliance officer. Shelton had been chief audit executive at Fossil since 2019 — so now he’s an executive at a fashion company, wearing two hats. 

We missed this until now, but a few weeks ago Steven Toss joined Wells Fargo as vice president and compliance officer for conduct risk. Toss was previously at Prudential Financial for more than 25 years, most recently as vice president for sales practice risk management. 

Novavax, a biotech company in Maryland working to bring another covid vaccine to market, has hired Troy Morgan as chief compliance officer. Morgan joins Novavax from EMD Serono, where he had been chief compliance officer for not quite 18 months; prior to that, Morgan was CCO at Bioverativ.

A few updates from the healthcare compliance world… 

Compliance JobsWe have an update on Jeffrey Smagula, former chief ethics and compliance officer at Tufts Health Plan: he just turned up at law firm Verrill, where he works as counsel. Smagula had been CCO at Tufts Health for five years and left that role in January, the same time that Tufts closed a merger with Harvard Pilgrim Health, one of the other large health insurance players in Boston.

Steward Health Care in Dallas has named Teresa McMeans interim chief compliance officer. McMeans has been with the firm since 209; she had been vice president of privacy and compliance there. 

Health Alliance Plan in Detroit has named Hassan Abdallah interim chief compliance officer. Abdallah has been with HAP for about a year, and had been director of compliance and regulatory audits.

Brielyn Sampson has left her job at Howard University Hospital, where she had been manager of compliance and privacy since last year. We only know she left; not sure where she’s going. 

Tenet Healthcare has promoted John Goulart to be group compliance officer lead for the Massachusetts region. Goulart had previously been hospital compliance officer for Tenet, overseeing the Metrowest Medical Center in suburban Boston.

And one more from healthcare: Jordan Flynn has joined ATRIO Health Plans in Phoenix, Ariz., as chief compliance officer. Flynn comes to ATRIO after six years at Evolent Health, also as chief compliance officer. 

OK, on to other industries!

Luis Alberto Guzmán is leaving his job as head of ethics and compliance for RB Health and Nutrition, a subsidiary of the Reckitt consumer products empire based in Britain. Guzmán had been with RB Health for three years. No word yet on what Guzmán will be doing next

In India, Tata Technologies has hired Manisha Verma as head of global compliance and data privacy. Verma comes to Tata from financial IT business FIS, where she had been regional lead corporate counsel. 

Stuart Altman has joined ContourGlobal, a holding company gobbling up wholesale power generation plants, as chief compliance officer. Altman comes to the New York-based firm after three years at Las Vegas Sands Corp., where he was chief compliance officer. Here’s hoping his career bet pays off.

Expanded duties for Kathleen Tuohy at DBRS Morningstar, the credit ratings business. Tuohy has gone from head of global policies and procedures to global head of policies, procedures, and compliance training. She’s been with Morningstar since 2013.

Dziesma Teteris has left her long-time job at Amgen, where she had worked in global privacy and data protection for 15 years; to join PTC Therapeutics, where she is now director of compliance and privacy. Working from Los Angeles. 

In the Middle East, Waheed Rathore has joined Habib Bank Ltd. as global chief compliance officer. Habib Bank is headquartered in Pakistan; Rathore seems likely to keep working in Dubai. He comes to Habib after nearly two years as an executive director for banking supervision at the Abu Dhabi Global Market, one of those quasi-government “financial hubs” that exist in the United Arab Emirates.

Staying in the UAE, Arvishek Seetohul has joined Arabian Bourse Ltd. as manager of market surveillance. Seetohul previously spent a year as head of supervision at the SECDEX Group. 

Fannie Mae is promoting John Roth, from director of legal and regulatory compliance to vice president of ethics and investigations. Roth has been with the home mortgage giant since March 2020.

And speaking of Fannie Mae, Noelle Lipscomb has left her job there as a senior internal audit executive after 17 years at the firm. She’s joining Homepoint, a wholesale mortgage lender, to be chief audit executive. 

Remember Bavan Holloway, chief audit executive at Boeing until she retired from the company one year ago? She’s joining the board of T-Mobile. Assuming shareholders ratify her nomination in June (highly likely), Holloway will be the first woman of color serving on T-Mobile’s board. She’s already on the board at TPI Composites, a firm that makes blades for wind turbines. 

In Dallas, travel technology firm Sabre Corp. has hired Amber Hersma as a compliance manager. Hersma previously worked at HMS, a healthcare system also in Dallas, where she had been a compliance operations manager since 2018.

Marinus Pharma, which makes drugs for neuropsychiatric disorders, has hired Vanessa Costa as senior director of corporate compliance and quality programs. Costa comes to Marinus after nine months at Almirall, where she had been interim U.S. compliance officer. 

Jim Portnoy has joined the wonderfully named SharkNinja, a maker of kitchen appliances, as chief compliance officer. Portnoy comes to SharkNinja after a few years working as a solo compliance consultant, and a few years as chief compliance officer at Herc Rentals in the late 2010s.

And we close this week with a compliance sex tape scandal! China International Capital Corp., one of the largest financial firms in China, has parted ways with chief compliance officer Chen Gang. Why? Word on the street is that he had been having an affair with a subordinate at the firm, and “took a recording of the evidence” on his phone. Somehow the subordinate’s husband found said recording, and sent it to CICC’s customer base using the woman’s WeChat account. 

Open Req Orders

The Arizona Public Safety Personnel Retirement System is looking for a chief compliance officer. Job is based in Phoenix. 

Pentax Medical is seeking a senior manager for global compliance, risk, and investigations. Job is based in New Jersey.

Beth Israel Lahey Clinic is looking for a director of compliance and privacy. Job is based in Burlington, Mass., about 30 minutes outside Boston.

Compliance Meme of the Week

That’s all for this week’s report.

As always, 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.

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