PenChecks Company News

PenChecks Names Mike McWherter New Chief Compliance Officer

April 16, 2012

La Mesa, Ca

The nation’s leading independent provider of outsourced retirement distribution processing services has a new chief compliance officer. PenChecks, Inc. welcomes Mike McWherter as the firm’s new chief compliance officer.

McWherter comes to PenChecks with more than 20 years of combined corporate law and ERISA plan compliance experience. He will oversee all compliance issues, supervise regulatory audits and coordinate between outside corporate counsel and ERISA counsel.

McWherter previously served as vice president and chief compliance officer at the Memphis, Tenn.-based First Mercantile Trust Company, where he designed, implemented and guided company-wide compliance programs for qualified ERISA plans.

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