SEC’s Inspector General Carl W. Hoecker to Retire

The Securities and Exchange Commission (SEC) announced that Inspector General Carl W. Hoecker will retire from the agency as of May 7, 2022. He has led the Office of Inspector General (OIG) since Feb. 11, 2013. Rebecca Sharek, Deputy Inspector General for Audits, Evaluations, and Special Projects, will serve as Acting Inspector General.

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"I thank Carl for his long dedication to public service, particularly here at the SEC over the last nine years,"said SEC Chair Gary Gensler."The Office of Inspector General, as an independent reviewer, is a critical partner in identifying ways to improve the SEC's efforts to execute its mission. I also thank Rebecca for agreeing to serve in the acting role."

As the SEC's Inspector General, Mr. Hoecker has led a team of auditors, investigators, and administrative staff to execute OIG's mission to promote the integrity, efficiency, and effectiveness of the SEC's programs and operations. Mr. Hoecker began his career with the U.S Army in 1976 and served as a special agent and warrant officer for the Army Criminal Investigations Command.

In 1992, he joined the inspector general community as a criminal investigator, later becoming Deputy Assistant Inspector General for Investigations at the U.S. Treasury OIG. In 2006, Mr. Hoecker was appointed the first Inspector General for the U.S. Capitol Police. During Mr. Hoecker's tenure, the SEC's OIG conducted numerous investigations and audits, identified weaknesses, and made recommendations to improve internal controls and ensure government funds were spent wisely.

"I am grateful to the Commission for the opportunity to work with such talented and dedicated public servants,"said Mr. Hoecker."I especially want to thank the staff in the Office of Inspector General for their dedication to overseeing and protecting the SEC's programs and operations. I am also proud of our 92 percent employee global satisfaction rating for 2021 and our Diversity, Equity, and Inclusion efforts."