BarkerGilmore Recruits Chief Compliance Officer for Atlantic Health System
November 8, 2024 – Boutique search firm BarkerGilmore, which specializes in building corporate legal and compliance teams, has helped to recruit veteran compliance professional Wayne McNulty as vice president and chief compliance, privacy, internal audit, and research integrity officer of Atlantic Health System (AHS) in Morristown, NJ. The search was led by Brittney McDonough, partner, and Katie Gilmore, managing director.
“Wayne McNulty brings a rare blend of skills, integrity, and strategic insight that aligns perfectly with Atlantic Health System’s mission,” said Ms. McDonough. “His dedication to fostering a culture of accountability and transparency will be invaluable in this role, and we are confident in his ability to drive impactful outcomes.”
This placement further strengthens BarkerGilmore’s network of top-tier compliance executives, reinforcing its commitment to connecting healthcare organizations with transformative leaders in legal and compliance roles, the firm noted.
Mr. McNulty is an adjunct professor of law at Fordham University School of Law, where he teaches health law compliance. Over the past 28 years, he has held numerous and varying positions in the healthcare field. Mr. McNulty previously served as senior vice president and chief compliance, audit, and privacy officer at Western Connecticut Health Network (WCHN). In this role, he operated WCHN’s corporate compliance and ethics program, serving as the principal officer in charge of fraud, waste, and abuse, audit, and privacy compliance oversight activities at an integrated network of hospitals; urgent, primary, pediatric, and specialty care offices, clinics and facilities; and physicians and specialists.
Prior to his current post at WCHN, Mr. McNulty served as senior assistant vice president and chief corporate compliance officer at NYC Health + Hospitals. Before that, he was executive associate counsel within the NYC Health + Hospitals’ Office of Legal Affairs.
Atlantic Health System is a non-profit healthcare organization, known for its excellence in care and compassion. It operates seven hospitals with an annual revenue of $4.7 billion in 2023, serving over 7.5 million people across 14 counties in New Jersey. Supported by more than 20,000 team members and 5,000+ affiliated physicians, AHS is also home to the largest multi-specialty practice in the state, Atlantic Medical Group, with 650+ office locations.
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BarkerGilmore is a boutique firm specializing in executive search and selection in law and compliance. With a network of advisors and recruiters spanning the U.S., BarkerGilmore consistently places talent at leading consumer, energy, financial, healthcare, industrial, and technology companies.
Finding Law and Compliance Talent
John Gilmore, co-founder and managing partner, has over 30 years of executive search experience. He has developed trusted relationships with general counsel and C-suite leaders across the country. With a profound institutional understanding of how in-house legal and compliance departments function most effectively, Mr. Gilmore has earned a reputation as one of the top executive search consultants for general counsel and chief compliance officer placements.
As a compliance professional, how does your compensation benchmark against that of your peers? How can your organization leverage compensation to create a competitive advantage within its compliance department? To answer these questions, BarkerGilmore has released its 2024 Compliance Compensation Report. The report reflects changes in chief compliance officer (CCO) total compensation, factoring in salary, bonus, and long-term incentives; the type of organization (public, private, non-profit); and the organization’s revenue.
“CCO compensation continued to rise over the past year,” said John Gilmore, managing partner. “We attribute the slowing of salary increases to various factors, including tighter post-COVID corporate hiring budgets, and economic and political uncertainty. While our executive search business experienced a softening of demand for compliance professionals in 2023, we have witnessed a robust turn around in 2024 as positions opened due to internal promotions, resignations, and retirements. The good news is that positions at the top cannot go unfilled for long. As the compliance discipline continues to grow in importance as a risk management discipline, we expect CCO compensation increases to continue in the year ahead.”
Bob Barker is co-founder, managing partner, and chair of the industrial practice at BarkerGilmore. He brings over three decades of executive search and international business experience to his clients. Mr. Barker has successfully managed general counsel and chief compliance officer engagements for mid-sized to Fortune 500 companies, including consumer, energy, financial, healthcare and life sciences, industrial, non-profit, technology, and private equity industries. Clients rely on Mr. Barker for advice and counseling both during and after the engagement.
Ms. McDonough is partner and chair of the healthcare and life sciences practice at BarkerGilmore. She partners with executive leadership on a national platform and focuses on identifying and delivering top legal and compliance talent across a wide range of organizations, including service providers, insurers, senior living, health IT, medical devices, and pharmaceutical companies. Some of Ms. McDonough’s recent engagements include the general counsel for a growing research and development company, the corporate compliance officer of a health and nutrition organization, the general counsel of a public healthcare technology company, and the general counsel for a large healthcare system.
Ms. Gilmore has a background in talent acquisition and knowledge of the healthcare industry. Throughout her career, she has placed executives in key leadership positions, including general counsel, chief compliance officers, and their strategic reports. Her expertise lies in identifying and attracting executive talent across various disciplines, including pharmaceuticals, biotechnology, medical devices, health systems, and healthcare services.
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Contributed by Scott A. Scanlon, Editor-in-Chief; Dale M. Zupsansky, Executive Editor – Hunt Scanlon Media
