The Securities and Exchange Commission today announced that Inspector General H. David Kotz will leave the agency at the end of January to join a private investigative services firm. Since he was appointed in December 2007, Mr. Kotz directed many important investigations and audits that led to significant improvements of the agency’s operations.
“David has been a committed public servant who has served the agency with great distinction for the past four years,” said SEC Chairman Mary L. Schapiro. “His work helped us to identify areas where we needed to improve the way we operate, bolster our resources, and upgrade our technology.”
Mr. Kotz said, “I am tremendously proud of the accomplishments of my office and the agency over the past four years. The reports we have issued have not only been significant to the agency, Congress and the investing public, but they have also directly resulted in a transformation of many of the divisions and offices of the Commission. While I will miss doing this important work, I am gratified knowing that nearly every aspect of the SEC has been significantly improved in the four years since I was named Inspector General. I owe particular thanks to Chairman Schapiro for her leadership and support of the Office of Inspector General.”
Mr. Kotz intends to join the investigative services firm of Gryphon Strategies as a Managing Director in its Washington D.C. office. He plans to focus on conducting corporate fraud investigations as well as assisting whistleblowers in exposing fraud and improving government accountability.
Mr. Kotz previously served as the Inspector General of the Peace Corps and worked in several other senior level capacities for the U.S. Agency for International Development (USAID). Prior to his government service, Mr. Kotz practiced at private law firms, including Pepper Hamilton LLP in Washington D.C. Mr. Kotz graduated cum laude from the University of Maryland in 1987 with a BA in Government and Politics, and earned his JD at Cornell Law School in 1990.