The US’ Securities and Exchange Commission will be undergoing a key change in its leadership structure, with the upcoming departure of its Chief Operating Officer (COO) Jeffery Heslop in February, according to a regulatory filing.
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Mr. Heslop will be succeeded by Kenneth Johnson, the SEC’s acting Chief Financial Officer. Mr. Heslop originally joined the US regulator back in 2010, having since held the title of the agencies only existing COO.
During his tenure, Mr. Mr. Heslop has served as instrumental role in helping streamline the regulator’s approach to a variety of channels including human capital management, business process, internal controls, and technology infrastructure.
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His past seven years has seen him also oversee a multitude of the SEC’s operations, including its Office of Human Resources, Office of Acquisitions; Office of Information Technology, Office of Strategic Initiatives, Office of Financial Management, and Office of Support Operations.
Prior to joining the SEC in 2010, Mr. Heslop had worked at Capital One in several senior roles, including Managing Vice President of Information Risk Management for over a decade.
According to the SEC’s Chairman Michael Piwowar, in a recent statement on the departure: “As the SEC’s first COO, Jeff helped the agency streamline operations and leverage resources to more effectively serve the investors and markets. He has overseen significant improvements in technology and has helped ensure that our financial reporting controls and FOIA operations are top-notch.”
“It has been a true honor to serve with the extraordinarily dedicated and self-sacrificing professionals who comprise the agency’s staff,” added Mr. Heslop in an accompanying statement.