Tag: Ethico

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Great Women in Compliance

Great Women in Compliance: Nick Gallo on Being an Ally

Welcome to the Great Women in Compliance Podcast. In this episode, Lisa Fine visits with a great gentleman in compliance, Nick Gallo, co-CEO at Ethico.

Nick started his career in private equity, and when he and his brother Gio wanted to grow a business together, they both saw the opportunity to build something that would benefit the compliance space.

Nick’s view about being an ally was shaped when he was young and saw his mother’s challenges as a woman in male-dominated industries, which continues today, where he is an advocate for supporting women and diversity, particularly in Ethics and Compliance.

Nick and Lisa discuss the importance of being proactive as allies and constantly trying to improve our workplaces, whether that means speaking up against injustice or supporting those who may not be heard.

They also speak about how unique and special this profession, and this community are, and the importance of building the next generation of compliance leaders and women in the profession.

Key Highlights:

  • Advocacy for Equality and Workplace Support
  • Active Allyship for Positive Social Change
  • A Mentorship’s Role in Professional Development Journeys
  • Fostering Inclusivity for Diverse Women in Compliance
  • Fostering Transparency and Fairness in Hiring

Resources:

Join the Great Women in Compliance community on LinkedIn here.

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FCPA Compliance Report

FCPA Compliance Report – Nick Gallo on The Ethics and Compliance Optimization System

Welcome to the award-winning FCPA Compliance Report, the longest-running podcast in compliance. In this episode, Tom Fox welcomes back Nick Gallo, co-CEO at Ethico, to discuss its Ethics and Compliance Optimization System.

Nick Gallo, co-CEO of Ethico, is a seasoned professional with a robust background in ethics and compliance, and a key player in the development and promotion of Ethico’s ethics and compliance optimization system. Gallo’s perspective on the topic of ethics and compliance optimization systems is shaped by his belief in a comprehensive, integrated approach to managing compliance efforts. He sees this system as a next-generation tool that interacts with other data pools, generating more analytics and insights. His experience has led him to advocate for a centralized repository for various types of business information, which can be accessed by compliance teams for better visibility across all data silos within an organization. Gallo also stresses the importance of automation and integration to eliminate manual and repetitive tasks, allowing compliance professionals to focus on more strategic and value-added activities.

 

Key Highlight:

  • Creating a centralized system for streamlining ethics and compliance
  • Why compliance needs a centralized data system for compliance professionals
  • The prevalence of retaliation in organizations
  • Leveraging data for proactive risk mitigation

Resources:

Nick Gallo on LinkedIn

Ethico

Ethics and Compliance Optimization System

Tom Fox

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YouTube

Twitter

LinkedIn

For more information on Ethico and a free White Paper on top compliance issues in 2024, click here.

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Report from IMPACT 2023

Report from IMPACT 2023: Nick Gallo on Generational Change in the Workplace and Importance of Culture

ECI’s IMPACT 2023 was one of the leading compliance events in 2023. At this conference, Tom Fox, the Voice of Compliance, was able to visit with several of the speakers, exhibitors, participants and one group of ethically minded Girl Scout Troop. In this limited podcast series, Report from IMPACT 2023, Tom explores many of the most cutting-edge topics in ethics and compliance through short podcast episodes. Check out the full series of interviews. You will be enlightened, informed and come away with a fuller and more thorough understanding of the most cutting-edge topics in ethics and compliance. In this episode, Tom visits with Nick Gallo, co-CEO at Ethico and Keynote speaker at Impact 2023. He and Tom talk about the themes from Nick’s Keynote.

Nick Gallo brings a wealth of experience from his background in private equity to the discussion of the changing landscape of work, ethics and culture. Gallo’s unique insights are shaped by his belief that traditional hierarchical structures in workplaces have been replaced with more flat and remote structures, presenting a significant opportunity for industry transformation. Drawing from his firsthand experience during his PE acquisitions and mergers career, he emphasizes the critical role of authentic culture in enhancing employee engagement and performance. Gallo also highlights the need for aligning personal values with the purpose of an organization, a concept he believes is lacking in today’s transactional economy. Join Tom Fox and Nick Gallo as they delve deeper into these insights on this episode of the Report from Impact podcast.

 Highlights Include 

·      The impact of culture in M&A

·      The role of ethics in the workplace

·      A new generation in the workforce

 Resources 

Nick Gallo on LinkedIn

Ethico

ECI

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GalloCast

Gallocast – Episode 8

Welcome to the GalloCast. You have heard of the Manningcast in football. Now we have the GalloCast in compliance. The two top brothers in compliance, Nick and Gio Gallo, come together for a free-form exploration of compliance topics. It is a great insight on compliance brought to you by the co-CEOs of Ethico. Fun, witty, and insightful with a dash of the two brothers throughout. It’s like listening to the Brothers Gallo talk compliance at the Sunday dinner table. Hosted by Tom Fox, the Voice of Compliance.

In the Gallo Cast, host Tom Fox visits with brothers Nick and Gio Gallo to discuss topics from Silicon Valley Bank’s $200 billion accounting fraud to the importance of daddy-daughter dates. They debate the role of leadership and the importance of non-financial incentives for corporate compliance. Nick and Gio touch on discussions about risk and return in banking, the impact of social media, and the use of metrics for executive performance assessment. They urge people to reach out for help when struggling and encourage leaders to create a workplace that fosters connection, compassion and understanding. Listen to the GalloCast and find out how to be a better leader and a better person.

Key Highlights

·       The Impact of Low Interest Rates and Yield Chasing: Discussing the Silicon Valley Bank Collapse

·       The Impact of Silicon Valley Bank’s Composition of Depositors and Yield Chasing on the Stock Market Crash.

·       The Risks of Taking Big Swings: A Look at Silicon Valley Bank Leadership

·       The Role of a Bank’s Chief Risk Officer in Times of Crisis and the Implications of a Zero Interest Policy.

·       The return of capital and the risks to improve income for short-term gain.

·       The Role of Executive Leadership in setting Company Goals and Values.

·       Rewarding Compliance to Promote a Positive Culture

·       Corporate Transparency and Measures to Assess Compliance Team Performance

·       Measuring the Effectiveness of Compliance Teams

·       Creating Space to Talk About Mental Wellbeing in the Workplace

·       Creating an Empathetic Workplace for Stress Relief and Support

·       Creating a Comfortable and Supportive Workplace Environment

·       The Benefits of Creating Lasting Memories with Loved Ones

·       The Impact of Daddy-Daughter Activities on Emotional Bonding

Resources

Nick Gallo on LinkedIn

Gio Gallo on LinkedIn

Ethico

Tom Fox 

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GalloCast

Gallocast – Episode 7

Welcome to the GalloCast. You have heard of the Manningcast in football. Now we have the GalloCast in compliance. The two top brothers in compliance, Nick and Gio Gallo, come together for a free-form exploration of compliance topics. It is a great insight on compliance brought to you by the co-CEOs of ComplianceLine. Fun, witty, and insightful with a dash of the two brothers throughout. It’s like listening to the Brothers Gallo talk compliance at the dinner table. Hosted by Tom Fox, the Voice of Compliance.

Tom Fox peppers questions to Nick Gallo and Gio Gallo from Ethico with topics like what companies should consider doing business in Ukraine and how to identify great business risks. They also provide an understanding of compliance, changing human behavior, and techniques to get around ethical controls. Topics are spiced up with references to the recent Pope’s speech and technological advancements. Be sure to tune in, and don’t miss out on the brothers’ educational insights and witty dialogue.

Key Highlights

·       Logistical Challenges of Working in Ukraine –[00:04:00]

·       Compliance as an Opportunity to Manage Business Risk – [00:07:20]

·       The Role of Persuasion in Ethics and Compliance -[00:10:40]

·        US Semiconductor Industry Moves Away from Supply Chains – [00:13:43]

·        Risk Assessment and Crowdsourcing -[00:17:00]

·       The Ineffectiveness of Risk Assessment Strategies – [00:20:30]

·       Behavioral Psychology in Compliance Programs and Compliance Discipline -[00:23:50]

·       CEO Understanding of Compliance and Its Impact on Budgeting -[00:27:00]

·       The Benefits of Exploring Different Perspectives Through Reading -[00:29:52]

·       The Ethical Implications of AI-Generated Content – [00:36:25]

·       The Impact of Technology on the Economy – [00:39:37]

·       The Power of Simplifying Your Policy with Technology –[00:42:40]

·       Pope’s Condemnation of Corruption – [00:46:02]

Resources

Nick Gallo on LinkedIn

Gio Gallo on LinkedIn

Ethico

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The Ethics Experts

Episode 136 – Mara Senn

In this episode of The Ethics Experts, Nick welcomes Mara Senn. Mara V.J. Senn is currently a Director and Senior Counsel for Global Compliance Investigations at Zimmer Biomet conducting investigations all over the world with a particular focus on Latin America. She was previously a Senior Investigator and Senior Litigation Specialist at the Integrity Vice Presidency at the World Bank where she investigated allegations of corruption, fraud, collusion, obstruction and coercion in World Bank-financed projects around the world.

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GalloCast

Gallocast – Episode 4 – October 2022

Welcome to the GalloCast. You have heard of the Manningcast in football. Now we have the GalloCast in compliance. The two top brothers in compliance, Nick and Gio Gallo, come together for a free-form exploration of compliance topics. It is a great insight on compliance brought to you by the co-CEOs of ComplianceLine. Fun, witty, and insightful with a dash of the two brothers throughout. It’s like listening to the Brothers Gallo talk compliance at the dinner table. Hosted by Tom Fox, the Voice of Compliance. Topics in this episode include:

  • ComplianceLine rebranded to Ethico. How does this reflect the overall products and services of the organization in 2022 and beyond.
  • The Oracle FCPA Enforcement Action. What are some key lessons for compliance?
  • The Monaco Memo. Focus on employee incentives and clawbacks.
  • Employees having two jobs post pandemic. When is it a conflict of interest?
  • Quiet quitting and the opportunity for employee engagement.

Resources

Nick Gallo on LinkedIn

Gio Gallo on LinkedIn

Ethico