The board of the Federal Deposit Insurance Corporation (FDIC) appointed Carrie Cohen to serve as its independent transformation monitor.
In this capacity, Cohen, a partner at Morrison Foerster LLP, will audit the FDIC’s ongoing efforts to implement its Action Plan for a Safe, Fair, and Inclusive Work Environment, taking into consideration recommendations from an independent third-party review of the agency’s workplace culture. She will report monthly to the Board and employees.
At Morrison Foerster, Cohen serves as global co-chair of the firm’s DEI Strategy + Defense group, Investigations + White Collar Defense practice, and Women’s Strategy Committee. Previously, she served as an Assistant U.S. Attorney for the Southern District of New York (SDNY) and as an Assistant Attorney General for the New York State Attorney General’s (NYAG) office.
Cohen has extensive experience with monitorships in both private practice and in government.
For example, she was appointed to serve as Special Counsel to the New York City Council, which required developing a monitorship to address workplace culture issues. At the NYAG’s office, Cohen designed several monitorships agreed to as part of consent decrees in systemic sexual harassment and discrimination matters and then assessed compliance with those monitorships.
Further, she spent several years at NYAG assessing one of the longest standing monitorships of a labor union in the SDNY related to racial and national origin discrimination and barriers to entry to apprenticeship programs.
Her appointment follows a competitive federal contracting process in which the FDIC solicited a request for proposals from law firms and consulting firms to serve as transformation monitor.