Thomas (“Toby”) D. Thacher II is chief executive officer of Thacher Associates, LLC, K2 Intelligence’s Construction and Real Estate practice. Toby works with clients in the public, private, and nonprofit sectors that are responsible for large construction projects—ranging from public infrastructure projects to large corporate capital construction programs—to manage the reputational, financial, and operational risks inherent in such projects. He develops client-tailored solutions that put in place corruption, integrity, and regulatory controls designed to ensure projects are not derailed by corruption, fraud, or waste.
Clients benefit from Toby’s more than 30 years of experience combating fraud, corruption, and unethical behavior in public institutions, private companies, and government agencies. He is credited with being the founder of the integrity and regulatory compliance programs that have protected not only billions of dollars in private and public capital projects and programs, but also the reputations and operations of some of the largest developers and construction programs in the world. Toby joined K2 Intelligence through its 2012 acquisition of Thacher Associates LLC, the corporate integrity and regulatory risk management firm he started in 1996.
Prior to founding Thacher Associates, Toby served as Vice President and Inspector General of the New York City School Construction Authority (SCA). The fraud prevention, detection, and remediation programs Toby designed for the SCA were recognized as industry-transforming by the New York Times, CBS’s 60 Minutes, and Harvard University’s Kennedy School.
In 1990, Governor Mario Cuomo appointed Toby to be executive director of the Construction Industry Strike Force. The strike force launched massive investigative attacks on criminality in New York City’s Construction Authority. Toby not only led the investigation and prosecutorial efforts of the strike force, he also directed the research and writing of its seminal report to the governor, “Corruption and Racketeering in the New York City Construction Industry,” which was released by the governor in 1990 and later that year published as a book by New York University Press.
A leading expert in the design of integrity-risk and corruption control programs and in managing the investigation of fraud, bribery, and corruption, Toby has lectured and written extensively on those subjects.