Edison-backed Compliance Science hires chief revenue officer

Compliance Science, which is backed by Edison Partners, has named Jeff Lubitz as chief revenue officer. Previously, Lubitz worked at GMI Ratings where he served as executive vice president of sales. Based in New York City, Compliance Science is a provider of governance, risk management and compliance solutions for the financial services sector.

PRESS RELEASE

NEW YORK, NY – January 28, 2015 – Compliance Science, a leading provider of governance, risk management and compliance solutions, today announced the appointment of Jeff Lubitz as Chief Revenue Officer.

In his new role, Mr. Lubitz will be responsible for leading the sales team to drive revenue generation and increase market share in traditional and new markets. Based in the company’s New York office, Mr. Lubitz will join as a member of the senior management team reporting to Mitchel Kraskin, Chief Executive Officer.

Compliance Science operations continue to grow as the need for reliable, web-based corporate compliance technology and management tools expands from the financial industry into the professional services vertical, including law firms, investor relations, consultants and others involved in the M&A ecosystem. This growth comes as insider trading concerns continues to proliferate within broker-dealers, asset management firms and RIAs, leading to increased scrutiny from the U.S. Securities and Exchange Commission and other law enforcement agencies.

As a result of its ongoing expansion, Compliance Science has moved its offices to 875 Avenue of the Americas, from its previous location of 386 Park Avenue South.

“As we are seeing an increasing need for code of ethics and risk management solutions across both traditional and new client bases, we are focused on continuing to expand our sales operations to meet this demand,” said Mitchel Kraskin, CEO, Compliance Science. “Jeff’s strong experience and proven track record of success leading sales campaigns to both financial and professional services firms will be crucial to our ongoing efforts in growing our business.”

A seasoned sales executive, Mr. Lubitz brings to the firm a demonstrated expertise in driving sales strategy development and overseeing exponential sales growth. Prior to joining Compliance Science, Mr. Lubitz spent more than 20 years delivering revenue growth and was responsible for pipeline management, sales strategy development, negotiation and closing business, revenue forecasting and analyzing and reporting metrics for various global companies.

“This is an exciting time to join Compliance Science as its technology is on the forefront of protecting firms’ brands and reputations from employee misconduct such as insider trading,” said Mr. Lubitz. “I look forward to working with the entire Compliance Science sales team in continuing these efforts and establishing long-term growth opportunities within an expanded client base.”

Mr. Lubitz joins Compliance Science from GMI Ratings, where he served as Executive Vice President of Sales, focused on driving recurring revenue and retention globally. Prior to GMI Ratings, he held the position of Senior Vice President of Sales at WealthEngine, Inc., where he was responsible for managing a large and diverse sales team to annual double-digit growth and increasing renewal rates. He has also served in various sales capacities for firms including Primark Corporation, Institutional Shareholder Services and M|C Communications. He earned his Masters of Business Administration from Tulane University.

ABOUT COMPLIANCE SCIENCE
Compliance Science is a New York City based global leader in providing governance, risk management and compliance solutions to the Financial Services community. Clients including leading RIAs, broker-dealers, private equity firms, hedge funds, banks, pension plans, public companies, and professional services firms – all of whom rely on Compliance Science to help protect them from the spectre of reputational damage and revenue loss from non-compliant activities. http://www.complysci.com.