Adam Storch, chief operating officer and managing executive of the SEC's Division of Enforcement, is leaving the agency at the end of this week to join Fannie Mae in Washington, D.C. Storch will be Vice President of Enterprise Planning and Reporting at Fannie Mae beginning July 7, 2014.

Storch joined the SEC in October 2009 to serve as the Enforcement Division's first COO. Previously, he had been a Vice President in the Business Intelligence Group at Goldman Sachs & Co. As COO, Storch helped design and implement the most significant restructuring in the Enforcement Division's history--including the creation of specialized units, the Office of Market Intelligence and the Office of the Whistleblower. Storch also oversaw the establishment in 2013 of the Enforcement Division's Center for Risk and Quantitative Analysis, which uses quantitative data and analysis to allow the SEC to identify high-risk behaviors and potential misconduct.  

In a press release last week announcing his departure, the SEC credited Storch with leading the Enforcement Division's implementation of "new analytic and investigative tools, a robust eDiscovery platform, a new knowledge management portal, an enhanced case management system, and a cutting-edge IT forensics lab." He also introduced the division's first-ever Project Management Office to help track and enhance the efficiency of large-scale and complex projects.

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