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From the August-09, 2006 issue of Credit Union Times Magazine • Subscribe!

OCC Names Stearns Director for Enforcement and Compliance

WASHINGTON -- Richard C. Stearns has been named the new director of enforcement and compliance at the Office of the Comptroller of the Currency.

Stearns will report to OCC's Deputy Chief Counsel Daniel P. Stipano and will oversee the OCC's Law Department Division that conducts investigations, recommends administrative actions, and litigates those enforcement actions on behalf of the agency.

"Rick brings impressive enforcement and litigation skills and experience to his new responsibilities as Director for Enforcement and Compliance here at the OCC," First Senior Deputy Comptroller and Chief Counsel Julie L. Williams commented.

Stearns had served the Office of Thrift Supervision since 1991 and prior to that he served as an assistant director and a senior trial attorney with the Civil Division at the Department of Justice from 1985 to 1991. During his career, he has also served in other government and private posts including as a lieutenant in the U.S. Navy Judge Advocate General Corps.

He earned his J.D. degree from University of Virginia in 1973 and holds a B.A. in Political Science from the University of North Carolina.

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