(RJO) released a statement on Tuesday saying that it has appointed William Harrington to the new post of managing director, global head of internal audit.
“I’m excited to bring the internal audit function in-house for RJO, after working closely with senior management and the Board in my external role,” said Harrington. “This is a terrific company that places a high priority on doing business the right way and placing clients first. I look forward to building on the function internally and ensuring we continue to follow best practices.”
From PWC to RJO
In the new role, RJO’s newest managing director will oversee the company’s internal audit activities on a global basis. To maintain the independence of the function, he will report to the Audit Committee of the Board of Directors, with administrative reporting to Brad Giemza, RJO’s Chief Risk Officer. A member of the company’s senior management team, Harrington will also serve on the firm’s corporate risk committee.
“We’ve gotten to know Bill very well over the past few years, and his guidance on internal audit matters has been on target,” said RJO Chairman and CEO Gerald Corcoran. “We have been planning to bring the function in-house and recognized Bill was the ideal candidate to lead the effort. As the futures industry continues to evolve, and we maintain our global growth trajectory, a dedicated internal audit capability is more important than ever.”
Prior to joining RJO, Harrington served for four years as a partner in the risk and controls practice of FGMK in Chicago.
He also spent more than 20 years with PricewaterhouseCoopers LLP as a partner in its risk assurance practice. In that role, he provided both internal and external audit services to the firm’s financial services clients across the central region of the United States.
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