LEONARD J. AMORUSO
Mr. Amoruso focuses his practice on securities compliance, regulation, market structure matters, as well as counseling broker-dealers and financial institutions on a wide array of legal, compliance, and regulatory matters. He counsels market participants regarding regulatory requirements and controls, examinations, investigations, enforcement, and disciplinary proceedings with a particular focus on trading-related matters, and also advises those entities with respect to corporate governance. Mr. Amoruso has extensive experience with multiple asset classes and in dealing with U.S. and foreign regulators, including, the SEC, CFTC, FINRA, NYSE, and the Financial Conduct Authority (UK). Mr. Amoruso has twenty-five years of financial industry experience, specifically in the legal, compliance, operational, and regulatory policy arenas. From 1989-1999, Mr. Amoruso was with the New York office of the Financial Industry Regulatory Authority (FINRA), having served as Chief Counsel and, subsequently, Deputy Director. In these roles, Mr. Amoruso oversaw hundreds of examinations, investigations, enforcement matters, and new/continuing member applications. After FINRA, Mr. Amoruso spent more than fourteen years at Knight Capital Group, Inc.—initially, as the Chief Compliance Officer of its broker-dealer, Knight Securities, LP, and subsequently, as the General Counsel for the parent company managing the legal, compliance, AML, internal audit, regulatory affairs, and government relations programs for the firm on a global basis. Mr. Amoruso has served on numerous industry committees and is a frequent speaker at industry conferences. Mr. Amoruso has been a member of the regulatory boards of the NASDAQ Stock Market LLC, and Direct Edge Exchange.
Ms. Franklin is the Global Ethics and Compliance Strategy Leader for Sony Group, where she has been responsible for Sony’s global compliance and ethics strategy and program since 2010. Sony has been recognized by the Ethisphere Institute as one of the 2019 World’s Most Ethical Companies. Prior to joining Sony, Ms. Franklin was a Partner and Co-Chair of the Corporate Governance Group for the law firm of Boies, Schiller and Flexner, LLP, where she served as a strategic advisor to prominent clients on a wide range of issues related to mergers and acquisitions, executive compensation, corporate governance, and crisis management. In 2007, she was one of twenty women selected nationally as a member of the inaugural class of the DirectWomen Board Institute, which serves as a resource for companies seeking qualified women-attorney board candidates to improve corporate governance and increase shareholder value. In 2009, she was selected as a Fellow of the American Bar Foundation in recognition of her contributions to the legal profession and community. Ms. Franklin holds a B.S. in Business Administration from Siena College, a J.D. from Albany Law School of Union University, and an L.L.M. (Taxation) from New York University School of Law.
Paula H. J. Cholmondeley
Ms. Cholmondeley is currently principal of The Sorrel Group, a consulting company founded by Ms. Cholmondeley in 2004. Her focus is on corporate strategy and corporate governance matters. Ms. Cholmondeley was vice president and general manager of Specialty Products at Sappi Fine Paper from 2000 through 2004. Prior to joining Sappi, Ms. Cholmondeley served in increasingly senior positions with Owens Corning, a producer of building and composite products, from 1992 through 1998. She began her career in 1971 with Arthur Andersen & Company before leaving in 1973 to pursue a series of finance and executive roles, including with the International Paper Company from 1974 through 1980, Blue Cross Blue Shield of Greater Philadelphia from 1986 through 1988, and The Faxon Company from 1988 through 1992. Ms. Cholmondeley is a National Association of Corporate Directors (“NACD”) Board Leadership Fellow, a part-time faculty member of NACD’s In-Boardroom education program, and was elected to the NACD Directorship 100TM (2015). Ms. Cholmondeley is also a director of Terex Corporation (NYSE: TEX), and is an independent trustee of Nationwide Mutual Funds. Previously, Ms. Cholmondeley served as a director of KapStone Paper and Packaging Corporation (NYSE: KS) from 2016 to 2018; Albany International Corp. (NYSE: AIN) from 2005 to 2013; Minerals Technologies Inc. (NYSE: MTX) from 2005 to 2014; and Dentsply International (NASDAQ: XRAY) from 2001 to 2016. Ms. Cholmondeley, a former C.P.A., is an alumna of Howard University and received an M.S. in Accounting from the Wharton School at the University of Pennsylvania.
Kim T. Folsom
Mrs. Kim T. Folsom has over twenty years of experience in the analysis, design, development, and installation of high-volume, transaction-based financial and E-Commerce systems, as well as managing business operations and personnel for several financial institutions and high-growth companies. She is a Founding Partner at Founders First Capital Partners, LLC.; founded ShowUhow Inc., and serves as its Chief Executive Officer and Director; founded Seminarsource.com and served as its Chief Executive Officer & President; served as Vice President and General Manager of DriveCam; serves as Co-Founder and Chief Executive Officer at REEL Qualified, Inc.; and helped implement enterprise-wide systems for Central Federal Savings, Great American Bank, Advanta Mortgage Corp., Alltel Communications, and The National Dispatch Center. She serves as Member of Board of Industry Leaders at Consumer Electronics Association; a Member of the Advisory Board of The College of Business Administration at San Diego State University (SDSU); on the Board of Directors at SDSU’s Entrepreneur Management Center, Qualcomm Stadium, and others.
jeffrey J. gearhart
Mr. Gearhart retired in January 2018 from his position as the Executive Vice President, and Global Governance and Corporate Secretary for Walmart, Inc., during which time he was responsible for oversight of the company’s global legal, compliance, ethics, security, and investigative functions, among others. Mr. Gearhart joined Walmart in 2003 as Vice President and General Counsel, Corporate Division. In 2007, he became Senior Vice President and Deputy General Counsel, and then took over as the head of the company’s legal department when he was promoted to General Counsel in 2009. Mr. Gearhart was appointed corporate secretary in 2010, and in December 2012, his responsibilities were expanded to include oversight of compliance, ethics, and investigations, in addition to legal. Before joining Walmart, Mr. Gearhart was a partner with Kutak Rock LLP, practicing in the corporate, securities, mergers, and acquisitions areas. Mr. Gearhart sits on the Boards of Directors of Mercy Hospital, Central Region, and Mission of Hope, Haiti. Mr. Gearhart holds a B.S.B.A. and a J.D. from the University of Arkansas.