Carol M. Cochran

CPA/PFS, CMA, CCP, SHRM SCP, CEBS, THRP, CFC, EMBA | Principal, Human Resources Consulting



Total Experience




Specializing In:

  • Employee Compensation
  • Employee Benefit Plans


Bachelor of Business Administration with a concentration in Accounting from the University of New Mexico

Executive Masters in Business Administration (EMBA) from the University of New Mexico’s Anderson School of Management

Meet Carol

Carol Mayo Cochran is a talented financial executive, with more than 30 years of experience of accounting, consulting, and employee benefits experience. As an REDW Principal, Carol helped facilitate the growth and development of the firm’s Human Resources Consulting and Business Software practices. Carol also oversaw the development of the firm’s retirement plan administration line of business, Alliance Benefit Group Southwest (ABG Southwest), a subsidiary of REDW LLC from 2015 to 2023, when it was acquired by Sentinel Benefits & Financial Group. Carol’s strong business acumen led to significant growth in each of these business areas, and national recognition of REDW and ABG Southwest in the areas of compensation consulting, retirement plan administration, and human resource consulting.

A Principal of REDW for over 30 years, Carol has substantial experience in compensation planning, incentive compensation plan development, retirement plan administration and design, tax consulting, and accounting services. Prior to joining REDW, Carol served as Corporate Tax Manager and Assistant Treasurer for Hondo Oil and Gas Company (Hondo). During her tenure with Hondo, Carol was their youngest corporate officer, and helped Hondo become an integrated publicly traded oil and gas company.

Professional Qualifications and Memberships

Carol’s expertise in the areas of management consulting, financial planning, compensation analysis, and employee benefits is demonstrated through her numerous certifications and credentials. In addition to being a Certified Public Accountant (CPA), Carol also holds eight other certifications:

  • Certified Employee Benefit Specialist and Fellow (CEBS)
  • Personal Financial Specialist (PFS)
  • Certified Compensation Professional (CCP)
  • Certified Management Accountant (CMA)
  • Compensation Management Specialist (CMS)
  • Tribal Human Resources Professional (THRP)
  • Certified Financial Consultant (CFC)
  • Society for Human Resource Management Senior Certified Professional (SHRM-SCP)


During her professional career, Carol has served on more than 25 community boards, usually in the role of Board Chair.

“All of the decisions I have made im the course of my career, involving clients and team members, have been grounded in integrity and doing the right thing, no matter the personal cost.”

Carol M. Cochran CPA/PFS, CEBS, CCP, CMA, CMS, THRP, CFC, EMBA, SHRM-SCP | Principal, Human Resources Consulting

Publications and Speaking Engagements

A highly sought-after speaker and presenter, Carol is also a Distinguished Toastmaster and served as District Governor of District 23 Toastmasters.

Community Involvement

Carol is a Board Member of the National Dance Institute where she currently serves on its Executive Committee as Audit Chair. She is also a Board Member and Audit Chair of the University of New Mexico Foundation.

Awards and Recognition

In 2010 Carol was admitted to the UNM Anderson School of Management's Hall of Fame. She has also received the NMSPA's Community Service Award and was named a "New Mexico Power Broker" four years running and a "Woman Who Means Business" in 2008 by New Mexico Business Weekly.

Connect with Carol