Mr. Heslop comes to the SEC from Capital One Financial Corporation, where he was responsible for the company's information and resiliency risk management. As Managing Vice President for Information Risk Management, Mr. Heslop developed and implemented risk policies, standards and practices, and internal controls.

"The creation of the Chief Operating Officer position will enhance our ongoing effort to refocus our resources and make this agency more efficient and effective," said SEC Chairman Mary L. Schapiro. "Jeff brings a great depth of private sector experience with technology development and management assessment, and he has developed the expertise necessary to ensure seamless oversight of our wide-ranging technology improvements and other operational functions of the agency."

Mr. Heslop added, "I'm honored to be selected for the position by Chairman Schapiro. She has crafted a compelling vision to revitalize the agency, and I am very excited about the opportunity to work with her and my colleagues on the SEC staff to help realize that goal."

Mr. Heslop joined the agency on May 17. As COO, he will report directly to Chairman Schapiro and will oversee:

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the operations of the SEC's Office of Information Technology (OIT).
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the finance and accounting functions of the SEC's Office of Financial Management (OFM), including financial reporting internal controls.
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the SEC's Office of FOIA, Privacy & Records Management.

Mr. Heslop, 55, worked at Capital One for 12 years, including the last five as the Managing Vice President of Information Risk Management at Capital One. From 2000 to 2005, he was Chief of Staff for the Chief Information Officer and executed day-to-day operations of the company's information technology department and managed the interactions of the information technology senior leadership team. He was previously the Director of the company's Information Technology University.

Mr. Heslop served in the United Sta the U the United States Army from 1976 to 1998, rising to the rank of Lieutenant Colonel. From 1992 to 1994, he was an Assistant Director of the Army Pentagon Staff, and later was Battalion Commander and Professor of Military Science at the University of Richmond ROTC Program. He received his BA from Davidson College and his MBA from the College of William & Mary.