People on the Move is a rundown of recent hirings, promotions, appointments and other notable movements by professionals in the state. If you’re interested in submitting an entry, please contact news@delawarebusinesstimes.com.
Kerri Palmer has joined Sallie Mae as the Chief Risk and Compliance Officer. Palmer will oversee Sallie Mae’s integrated risk and compliance organization.
Palmer joins Sallie Mae from Capital One, where she served as senior vice president of risk management. She brings more than 20 years of experience in risk assessment and management, regulatory compliance, process improvement, program management, business analysis, operations leadership, and change management. Throughout her career, Palmer has built and transformed programs in enterprise risk, operational risk, cyber and technology risk, internal and external fraud risk, third-party risk, and business continuity risk.
“Strong risk and compliance functions are critical to Sallie Mae’s success, providing credible challenge to our leaders, and ensuring the proactive management and mitigation of enterprise-wide risk,” said Jonathan Witter, Sallie Mae CEO in a statement. “Kerri will play an integral role as we drive focus and alignment to our strategic priorities and I’m confident her comprehensive experience will help us continue delivering for our customers.”
Palmer earned a Bachelor of Arts in mathematics and economics from Wheaton College (MA), and a Master of Science in statistics from Texas A&M University.
Peter Gasparro has been appointed by Barclays US Consumer Bank as its new Chief Development Officer. Gasparro will lead the bank’s business and corporate development efforts as well as its strategy and market insights functions.
Gasparro is a seasoned financial services leader with more than 25 years’ experience in credit cards, banking and payments. He spent 21 years at JPMorgan Chase, where he held leadership roles in business and corporate development, strategy, product development, and client management for several of its US consumer businesses. Gasparro spent the early part of his career with Beneficial National Bank and the National Exchange Carrier Association. He holds a master’s degree in corporate communication and a bachelor’s degree in marketing from Seton Hall University.
“We’re thrilled to have a dynamic, talented and forward-thinking leader like Peter join our organization,” said Denny Nealon, CEO, Barclays US Consumer Bank in a statement. “Peter will play an important role in accelerating our growth plans by forging strategic partnerships with America’s best-known brands and identifying new markets and opportunities that further diversify our offerings and meet the ever-changing needs of businesses and consumers alike.”
“I am excited by the opportunity to join a business with a proven track-record of success, ambitious growth plans and a strong reputation in the industry as a partner-focused bank that is truly differentiated in the market,” Gasparro said in a statement. “I look forward to building upon the success of Barclays’ partnership business and developing new avenues of growth for the bank.”
Gasparro will be based at the US Consumer Bank’s Wilmington headquarters, serve on its executive committee and report to Nealon.
Earl T. Jeter has joined Second Chances Farm as their chief financial officer. Jeter has more than two decades of experience in all phases of private and public accounting.
He started his career with Wheeler, Wolfenden and Dwares, a Wilmington firm, where he prepared audited financial statements for various for profit and nonprofit organizations. Jeter was later hired by a nonprofit organization as a chief financial officer preparing financial projections and strategic reports for housing development projects, overseeing the analysis of housing developments and the preparation and presentation of annual budgets.
He went on to conduct audit examinations, develop tax positions, and negotiate closures to tax issues with high-level corporate officers, accountants, and attorneys as an agent of large case with the Internal Revenue Service. He also has served as finance manager for Nixon Uniform Services and was a tax supervisor at a Philadelphia public accounting firm.
Jeter worked for the City of Wilmington in two capacities: as an internal audit manager from June 2007 to December 2008, and later was appointed and reappointed as City Auditor by two City of Wilmington Mayors, serving from 2013 until 2017. As City Auditor, he established auditing policies and offered guidance to the mayor and city council on operational and policy procedures. In between those stints, he was managing director of Brandywine Accounting LLC of Wilmington. Jeter left the post of as City Auditor to create Jeter & Company, LLC.
Jeter earned a Bachelor of Science degree and an MBA in finance from Wilmington University. He also is an adjunct professor there, where he develops lesson plans for graduate courses in accounting, auditing, fraud detection and forensic investigation. He believes strongly in Second Chances Farm’s mission of providing job opportunities to previously incarcerated individuals while growing fresh, locally grown greens and herbs hydroponically.
His favorite crop is basil.
