The SEC has just announced the departure of Corp Fin Director Erik Gerding at the end of this year. On his departure, Cicely LaMothe, the current Corp Fin Deputy Director, Disclosure Operations, will serve as Acting Director. Gerding has served as Corp Fin Director since February 2023, and recommended rules and amendments on climate disclosure, cybersecurity, SPACs, beneficial ownership reporting, universal proxy, clawbacks, sales under 10b5-1 plans and “pay versus performance.”
Cicely LaMothe previously served as Program Director of the Disclosure Review Program, Associate Director of the Office of Assessment and Continuous Improvement, and Associate Director of Disclosure Operations. In 2020, she received the Chairman’s Award for Excellence in recognition of her work on the SEC Diversity Council. She is a CPA and, before joining the SEC, served as the financial reporting manager for a public company and as a senior associate with a national accounting firm.
