OneTrust Hires Ex-HP Regulation Chief Rivera for Authorized, Enterprise Position

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OneTrust LLC, a privateness and safety software program firm searching for to assist companies make sense of legal guidelines and rules, has employed Kim Rivera to be its first-ever chief authorized and enterprise officer.

Rivera, who joined OneTrust this week, was most just lately a particular adviser to the chief govt officer and president of enterprise technique and administration at HP Inc. She left the data expertise firm Dec. 31, having earlier final 12 months stepped down from her roles as HP’s chief authorized officer and company secretary.

OneTrust, profiled by The New York Occasions in December, is a privately held firm based in 2016 that thus far has raised $920 million. OneTrust’s valuation handed $5 billion following an funding spherical led by personal fairness agency Coatue Administration LLC and enterprise capital companies Perception Enterprise Companions and Know-how Crossover Companions, Bloomberg Information reported in December 2020.

Whereas OneTrust began with a concentrate on privateness, the software-as-a-service firm is now attempting to combine features corresponding to environmental, social, and governance issues, or ESG, into his platform, in addition to areas like cybersecurity, compliance, ethics, governance, and danger, Rivera mentioned. All pose potential pitfalls for company shoppers dealing with an more and more complicated internet of web protocols.

The “expectations and challenges” for corporations at the moment is to “reveal accountability, transparency, and consistency” relating to “operationalizing” their efficiency in these areas, Rivera mentioned. “The stakes have gone up,” she mentioned.

Requested whether or not her rent may very well be an indication of OneTrust’s aspirations to go public, she mentioned proper now the corporate is concentrated on serving its present clients and scaling its enterprise. Rivera’s new position at OneTrust will see her combine the corporate’s belief, technique, and compliance features.

“The great thing about OneTrust is that legal professionals, privateness, and ethics consultants usually are engaged on a elementary a part of the corporate’s enterprise—there’s an enormous quantity of synergy there,” mentioned Rivera, a former Jones Day affiliate who served as the highest lawyer at DaVita Inc. previous to becoming a member of HP in 2015.

An Inclusion Advocate

OneTrust is hiring about 100 staff per thirty days, Rivera mentioned.

She is going to oversee a authorized group that has roughly 20 staff unfold throughout workplace hubs in eight nations. The corporate, which is co-headquartered in London and the Atlanta suburb of Sandy Springs, Ga., will see Rivera and a number of other different executives work from the West Coast.

Rivera, who has youngsters between the ages of 10 and 23, known as her new hybrid work association an indication of the occasions. Whereas legislation companies and monetary companies corporations grapple with return-to-office insurance policies stemming from the coronavirus pandemic, the expertise sector has been extra prepared to embrace the distant work period.

“These hybrid work preparations present a possibility to be much more inclusive and provides individuals higher options in attempting to steadiness their work and life objectives,” mentioned Rivera, a outstanding advocate for variety, fairness, and inclusion within the authorized career. “It additionally permits you to faucet into markets throughout, so that you’re attending to supply expertise from a broader pool.”

Irrespective of the place Rivera’s working from, the purpose stays the identical—have her employees mirror the various communities the place her employer is working and doing its enterprise. Whereas she believes that in-person gatherings may be productive, increasing working preparations that enable for flexibility ought to foster a office with extra various views, mentioned Rivera, who grew up in Paraguay and Puerto Rico.

“At any time when there’s disruption, there’s at all times a possibility to proceed to advance and reimagine how we take into consideration the office to be extra inclusive,” she mentioned.

Rivera is chair-elect of the Management Council on Authorized Variety and concerned with the Hispanic Nationwide Bar Affiliation’s Poder25 initiative, which seeks to extend the variety of Latino legislation division leaders at Fortune 1000 corporations by 2025.

She additionally serves on the board of the American Management Discussion board of Silicon Valley, a corporation targeted on bolstering inclusion within the expertise sector.

Rivera presently owns practically $3.4 million in HP inventory, Bloomberg knowledge exhibits. She owns virtually $73,000 in inventory for Cano Well being Inc., whose board she joined final 12 months. Rivera has additionally been a board member since 2019 at Thomson Reuters Corp.



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