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Compliance Science Co-founder Steps Down After 13 Years of Leadership

April 4, 2016 9:01 AM EDT

David Eisner Appointed Executive Chairman to Lead Operations in Interim

NEW YORK--(BUSINESS WIRE)-- Compliance Science, a leading provider of governance, risk management and compliance solutions, today announced co-founder and CEO Mitch Kraskin has stepped down from his role as chief executive officer. Effective March 29, David Eisner, a board member since March 2015, has assumed the role of executive chairman of Compliance Science and will be responsible for the company’s operations and appointment of the next CEO. Michael D’Angelo continues in his senior executive and board roles. Mr. Kraskin remains a non-executive board member of the company he co-founded in 2003.

“For over a decade, I have worked to help build Compliance Science into a leading compliance solutions provider,” stated Mitch Kraskin, Compliance Science. “In 2015, I discussed with the Board a transition away from the day-to-day execution and operational oversight of the firm and into a non-executive role on the Board. Today, I announce my resignation as CEO of Compliance Science.”

“Compliance Science has never been in a stronger place,” said David Eisner, executive chairman, Compliance Science. “Mitch has built a great senior management team that is deep and experienced, and we are on track to achieve our 2016 goals.”

About Compliance Science

Compliance Science provides governance, risk management and compliance solutions to the financial services and professional services community. Led by pioneers in the GRC space, Compliance Science uses web-based corporate compliance technology that leverages a robust data network and innovative forensic analytics to monitor employee risk and automate code of ethics compliance. Clients include RIAs, broker-dealers, private equity firms, hedge funds, banks, pension plans, public companies and professional services firms – all of whom rely upon Compliance Science to help protect them from the specter of reputational damage and revenue loss from non-compliant activities. www.complysci.com

Media:
Cognito
Jon Brubaker, 646-395-6315
[email protected]

Source: Compliance Science



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