September 22, 2017 – Haydee Ortiz Olinger, who most recently served as global chief compliance officer for McDonald’s, has joined the advisory and coaching division of BarkerGilmore, a New York-based boutique executive search firm specializing in building corporate legal and compliance teams.
Ms. Olinger joins BarkerGilmore’s team of former Fortune 500 general counsel and chief compliance officers who provide strategic counsel, leadership development, succession planning and other services to legal and compliance departments, CEOs, and boards across the country.
“Haydee is widely recognized for transforming business operations by successfully creating and implementing best-in-class compliance and ethics programs that elevate business standards, ensure performance uniformity, and reduce vulnerabilities,” said Robert Barker, managing partner of BarkerGilmore. “She will be invaluable to helping clients optimize their organizations and drive revenue.”
Ms. Olinger’s career at McDonald’s spanned two decades. She has also served as advisory board chair of the DePaul University Institute of Business and Professional Ethics and as board member of the Illinois State Lottery Control Board, Society of Corporate Compliance and Ethics/ Healthcare Compliance Association (Minnesota), and National Hispana Leadership Institute (Virginia).
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The consulting arm of BarkerGilmore focuses on strengthening leadership and lending advice for overcoming challenges in the legal and compliance fields. The BarkerGilmore team consists of leaders from a wide array of industries and experience who have extensive backgrounds in managing complex business issues and motivating individuals.
In May, BarkerGilmore formed an advisory board of 12 former general counsel and chief compliance officers. This team, many of whom have served in Fortune 500 companies, is charged with providing advisory and leadership development services, complementing the firm’s core recruiting business. These consultants offer BarkerGilmore clients access to experience that the firm believes will help them optimize their organizations and accelerate profits.
Recently, the firm added Maureen Brundage to its coaching and advising team. She is former executive vice president, general counsel, corporate secretary and chief ethics officer of Chubb Corp. For over 10 years, she led the global law department of the insurance giant, managing a multimillion dollar budget and overseeing legal, regulatory and compliance operations in 25 countries.
Mr. Barker said he sees a powerful synergy between this team and the firm’s clients. “Each member of our team is motivated by a profound passion to help others succeed,” he said. “Together we’re helping clients make better decisions, lead more effectively, and deliver greater business impact.”
Finding senior leadership within the compliance function is exceedingly complex today, as companies face intense pressure under the current regulatory environment. It therefore requires leadership who can foster close collaboration between compliance and other corporate functions as well as communicate to a more complex and sophisticated set of stakeholders, internally and externally.
According to a recent Heidrick & Struggles report, sharply rising demand for compliance talent, the absence of a clear career path in the discipline, and greater need for compliance executives with leadership and influencing skills are creating difficult challenges for organizations seeking to identify and retain talent in a world of increasing regulation.
“The demand is so great for internal auditor and compliance executives that recruiters are looking outside the financial services industry for candidates,” said Michael P. Kelly, president of New York-based Michael Kelly & Associates, which specializes in financial services. “The skills sets are transferrable but there is a learning curve to understand the sector they are auditing.”
Maurice Gilbert, managing partner of Dallas-based Conselium, a boutique search firm that specializes in recruiting compliance professionals, has also seen a major uptick in activity, particularly for chief compliance officers.
“About nine years ago companies that were in highly regulated industries like financial services, medical devices and pharmaceuticals saw a critical need to bulk up in the compliance area,” said Mr. Gilbert.
The result: Mr. Gilbert has seen a 20 percent, year-over-year growth rate for compliance professionals as a direct result of ongoing or potential measures being taken by the U.S. government to investigate companies they potentially deem as having behaved improperly or who have not been compliant with new regulatory measures.
Contributed by Scott A. Scanlon, Editor-in-Chief; Dale M. Zupsansky, Managing Editor; Stephen Sawicki, Managing Editor; and Will Schatz, Managing Editor – Hunt Scanlon Media