
Carrie Penman
Chief Risk & Compliance Officer
NAVEX
As one of the earliest ethics officers in the industry, Carrie Penman previously served four years as deputy director of the Ethics and Compliance Officer Association, now ECI. A scientist by training, she developed and directed the first corporate-wide global ethics program at Westinghouse Electric Corporation between 1994 and 1999. Carrie now leads NAVEX’s risk management processes and oversees its internal ethics and compliance program.
Carrie has extensive client-facing risk and compliance consulting experience, including more than 15 years as an adviser to boards and executive teams. Carrie was awarded the inaugural Lifetime Achievement Award for Excellence in Compliance 2020 by Compliance Week magazine. In 2017, she received the ECI’s Carol R. Marshall Award for Innovation in Corporate Ethics for an extensive career contributing to the advancement of the ethics and compliance field worldwide.
Articles by the author

10 Oct 2025 Carrie Penman
Watch Out for Hoax Reports to Your Hotline
This article discusses what to do about a rise in hoax reporting and how to handle suspected fraudulent reports to your internal hotline.
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3 Apr 2025 Carrie Penman
Risk Assessment – The Most Important and Least Understood Component of an Effective GRC Program
This article, a chapter from the 2025 Top 10 Trends in Risk & Compliance discusses the importance of risk assessment and most common challenges.
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16 Jul 2024 Carrie Penman
Unintended Consequences: Do Case Closure Time KPIs Influence Compliance Program Effectiveness?
Do you feel that performance metrics to close cases in a certain number of days negatively influences the substantiation rate? If that question has you shifting uncomfortably in your seat, you’re not alone.
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20 Feb 2024 Carrie Penman
Risk & Compliance as a Strategic Imperative for the Board
Each year, NAVEX releases the Top 10 Trends in Risk and Compliance eBook. This post is one of the articles, " Risk & Compliance as a Strategic Imperative for the Board.”
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