Former SEC Investment Management Enforcer Joins CamberView

Eileen Rominger, former head of the Securities and Exchange Commission’s Division of Investment Management, has decided get back to work after a year-long hiatus.

Rominger, who retired from the Washington, D.C.-based financial regulator in July 2012, has joined CamberView Partners as a senior advisor. Abe Friedman, managing partner at the San Francisco-based firm said Aug. 13 that “Eileen's track record of leadership in the investor community and deep knowledge of the regulatory landscape will further advance CamberView's position as the leading independent advisory firm in the areas of contested situations and difficult shareholder votes.”

The former global CIO at Goldman Sachs Asset Management joined the SEC after ending her 11 years at GSAM in 2010. She added 30-years as a portfolio manager and head of portfolio management teams at the Goldman Sachs money management subsidiary and Oppenheimer Capital.

At the time of her retirement announcement, former SEC Chairman Mary Schapiro explained that Rominger understood “the importance of a fair and efficient investment management industry to the well-being of investors everywhere.”

Later in July 2012, Norm Champ was named as her successor at the regulatory agency; Champ joined the SEC in 2010 as the SEC’s Office of Compliance Inspections and Examinations.

Today, Rominger explains that “as a long-time institutional investor, I'm pleased to see the development of a more robust dialogue on governance issues.”

“CamberView has rapidly achieved leadership in this space by working with corporate management teams, boards, and asset managers to help them make more informed decisions on matters critical to shareholders,” she said.

Currently, CamberView serves as a “source of independent, investor-led advice for management and boards of public companies on how to succeed with investors,” the firm announcement said.

 

For reprint and licensing requests for this article, click here.
Career moves Law and regulation Compliance Mutual funds Money Management Executive
MORE FROM FINANCIAL PLANNING