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Mary Kate Gulick

Regulation and Compliance > Litigation

Ex-Carson CMO Sues Firm Over Handling of Sexual Assault

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Carson Group’s former chief marketing officer, Mary Kate Gulick, is suing the firm for allegedly retaliating against her and ultimately firing her after she voiced concerns about how it handled a report of sexual assault by a Carson employee. 

Gulick’s lawsuit alleges that the assault occurred at an industry conference in late 2022 and that the assailant was not fired by Carson Group, a decision made by then-CEO Ron Carson. 

Read a timeline of the events leading up to the lawsuit here.

Gulick, according to the suit, “was deeply troubled by Carson Group’s complete lack of concern about having an alleged sexual predator working there, where he was interacting and traveling with Carson Group’s female employees,” leading to difficulty eating and sleeping.

Gulick declined to comment.

Heather Randolph Carter, Carson Group CMO, said in a statement that “while we are limited in our ability to comment on active litigation, we unequivocally dispute these allegations, and we will vigorously defend ourselves against these claims. The people of Carson Group are its most important asset, and the organization remains dedicated to ensuring their continued well-being and helping them to achieve their professional goals.” 

Gulick, who is now CMO at FiComm Partners, filed the suit in the U.S. District Court for the District of Nebraska, in Omaha, on April 19. The suit was first reported by Financial Advisor IQ.

In June 2022, Gulick told her direct supervisor, Managing Partner Jamie Hopkins, of “her dissatisfaction with the toxic leadership culture at Carson Group and informed Hopkins that she planned to resign,” according to the suit. At that time, “Hopkins informed Mary Kate that Carson Group’s minority investor no longer wanted her to be CMO, and he wanted her for a different role,” the suit states.

Gulick “expressed her intent only to stay until Hopkins could find a new CMO,” according to the suit. In late June 2022, Hopkins presented Gulick with other ideas for a senior vice president role, and Guilck “reiterated her intent to leave Carson once Hopkins could find a replacement CMO,” the suit states.

On Aug. 8, 2022, when Gulick inquired about the CMO search, “Hopkins informed her that no search had begun. He presented her with another leadership position.” Gulick reminded Hopkins she intended to leave and gave her formal notice of resignation.

In late 2022, Gulick represented Carson Group at an industry conference. Gulick “had a leadership role in organizing and conducting the conference that year. An employee of Carson Group allegedly sexually assaulted an attendee at that conference,” the suit states.

After informing Kelsey Ruwe, the head of human resources, of the alleged assault, Gulick was assured by Carson’s president, Teri Shepherd, a week later that “the sexual assault would be handled appropriately,” the suit states. “It was not.”

Ruwe told her months later that “she disagreed with the decision Carson made not to fire the alleged assailant, but as the decision had been made by Ron Carson himself, she had to support it,” the suit states. 

On Sept. 21, 2022, Gulick exchanged Microsoft Teams messages with Carson executive Burt White, who has since been named CEO.

In a series of messages, White “agreed with Mary Kate that Carson Group was not a professional organization and said he was ‘so filled with confusion, rage, and unsettledness’ that he could barely keep his camera on in meetings. He described himself as ‘fighting against all of what Carson [Group] is.’ 

“White described Carson Group having an ‘absence of leadership,’ a ‘swirl of discontent,’ and ‘being driven horribly.’ He criticized the ‘founder based culture,’ said Carson Group’s leadership had ‘driven the car’ into a ‘metaphorical ditch’ and insisted he did ‘not want to be associated with so much [Carson Group] does and stands for.’”

Microsoft Teams exchange between White and Gulick

The suit goes on to explain that Gulick “indicated to her therapist that she was not doing well following a ‘major work-related incident,’” and that she was “struggling to maintain self-care and especially struggling to sleep.”

On Oct. 14, 2022, Gulick “was ultimately convinced by Hopkins to stay on at Carson Group as Senior Vice President, Advisor Marketing and Sales Enablement, a lesser role with less responsibility,” the suit states.

On Feb. 13, 2023, Gulick met with White and Shepherd. In the meeting, they gave her a generic offer of support, the suit states. 

Gulick told White and Shepherd that the firm had “broken [her] like a twig,” and that she was working with several health care professionals to try and put herself back together. She shared with White and Shepherd that she was taking intermittent leave under the Family and Medical Leave Act for this. 

On June 6, 2023, Burt White, who was at the time Carson Group’s managing partner and chief strategy officer, informed Gulick she was being terminated, the suit states.

White told Gulick “he felt she oscillated ‘between greatness and, I don’t know, unhappiness,’” the suit states. He “explained that he came into the meeting ‘with no plan,’ but that he wanted to exit her from the company,” the suit continues.

Gulick “explained that Carson had sapped all of her happiness, confidence, and general wellness, and that she was neither eating nor sleeping,” according to the suit.

She is seeking damages for mental and emotional distress, fear, anguish, humiliation, embarrassment, lost enjoyment of life, as well as lost wages, benefits, future earnings, salaries and fees.

We welcome your views on the issues highlighted here and, specifically, on the financial services industry’s approach to preventing and reporting sexual harassment in the workplace and at public events. Write to [email protected].

Pictured: Mary Kate Gulick


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