Chief Compliance Officer

How Compliance Officers Conquer Stress

April 24, 2012

The compliance officer job is a stressful one, and the pressures are only getting worse. Finding ways to cope can make the difference between just treading water and running an effective compliance function. Successful compliance officers find ways to garner support from top management and the board, work across the organization to partner with business units, and make a business case for their organization. More details inside.
 

The Importance of Splitting Legal and Compliance

October 18, 2011

Compliance officers increasingly say—as do the U.S. Sentencing Guidelines, and the corporate integrity agreements federal regulators sign with corporations—that the jobs of general counsel and chief compliance officer should be split. "If you're in a larger organization, and you're in a highly regulated industry, those roles are clearly separate and distinct," says Richard Crist, chief ethics and compliance officer at Allstate. Why? And how can you make that split happen? Full coverage inside.
 

Boards Continue to Struggle With Oversight of Risk Management

September 27, 2011

A new report suggests that boards haven't done all they would like to tackle risk-management issues. More than half of those surveyed say they don't spend enough time on them, and about the same amount say their companies still don't have a chief risk officer. Meanwhile, more than 60 percent say that personal liability risks for directors are increasing. More survey results inside.
 

Aventine Appoints Compliance, Accounting Chief

November 16, 2010

Aventine Renewable Energy Holdings, which produces and markets ethanol to energy companies, has named Calvin Stewart as chief accounting and compliance officer, effective as of Nov. 12.Stewart joined Aventine in September 2010. Prior to that time, Stewart held increasing roles of responsibility at White Energy, an ethanol production company, where...
 

Xe Services Appoints Compliance Officer

November 12, 2010

Xe Services (formerly known as Blackwater Worldwide), a private sector solutions provider to the U.S. government, has appointed Clifford Chance partner, Wendy Wysong, as external special compliance officer for a period of three years. Her appointment is pursuant to a Consent Agreement XE reached with the U.S. Department of State's...
 

AOL Names Chief Ethics & Compliance Officer

November 04, 2010

AOL has hired Maureen Del Duca as deputy general counsel of litigation, and chief ethics and compliance Officer. She reports to Executive Vice President and General Counsel, Julie Jacobs.In this new role, Del Duca will be responsible for the oversight of AOL’s global compliance program, and also will manage all...
 

Great Plains Energy Names Chief Compliance Officer

November 04, 2010

Great Plains Energy, the holding company of Kansas City Power & Light Company, has promoted Ellen Fairchild to vice president, corporate secretary and chief compliance officer.In her new role, Fairchild will be responsible for leading KCP&L's compliance and environmental departments. In addition, she will continue her responsibilities with the board...
 

KEMET Compliance Chief Joins Leadership Team

November 03, 2010

KEMET Corporation, a manufacturer of tantalum, ceramic, aluminum, film, paper and electrolytic capacitors, announced that Susan (Sue) Barkal, the company's vice president, quality and chief compliance officer, will join its leadership team.Barkal's position is effective immediately. She will continue to report to Robert Rarguelles, senior vice president of operational excellence,...
 

FSC Securities Names Compliance Chief

October 22, 2010

Broker-dealer, FSC Securities Corporation, has named John Dillon as chief compliance officer.Dillon joins FSC from Citi Smith Barney, where he served as director of the sales practice surveillance unit, responsible for maintaining compliance with the firm’s policies throughout the organization’s 625 branch offices and 14,000 representatives. Prior to Citi, he...
 

Horizon Asset Management Names Compliance Chief

October 18, 2010

Horizon Asset Management, a private investment firm with approximately $5 billion under management, has hired Robin Shulman as chief compliance officer, effective immediately. In this role, Shulman will be responsible for Horizon’s regulatory and market compliance function. With more than 15 years of experience as a compliance professional in the...
 

Celgene Corporation Hires Chief Compliance Officer

September 10, 2010

John Soriano has been appointed corporate vice president and chief compliance officer of Celgene Corporation, a multinational biopharmaceutical company, effective as of Aug. 30.Soriano, who informed Compliance Week of his new position on Sept. 10, said he will report directly to Celgene CEO Robert Hugin.Soriano joins Celgene from Ingersoll-Rand Company,...
 

BofA Names Corporate Secretary

September 10, 2010

Bank of America has named Lauren Mogensen as corporate secretary. She replaces Alice Herald, who retired as a deputy general counsel after 32 years of service, Bloomberg news has reported.Mogensen joined FleetBoston Financial in 2001 as managing director of mergers and acquisitions. FleetBoston was then acquired by Bank of America...
 

New Compliance Chief at Transamerica Financial Advisors

September 08, 2010

Transamerica Financial Advisors, an independent, full-service broker/dealer member of FINRA with over 1600 Registered Representatives, and a federally Registered Investment Advisor, as hired Shawn Mihal as vice president and chief compliance officer, effective as of Sept. 7.Mihal comes to TFA from Great American Advisors, where he served as chief compliance...
 

Wilmington Trust Hires Chief Risk Officer

August 23, 2010

Financial services holding company, Wilmington Trust, has hired Carol Baldwin Moody as senior vice president and chief risk officer to head a newly centralized Enterprise Risk Management Division. She reports directly to Chairman and CEO, Donald Foley. She also works closely with the company's general counsel, Michael DiGregorio, and the...
 

Granite Construction Names New CCO

August 20, 2010

Granite Construction Incorporated has announced that, after 14 years of service, Granite's vice president and general counsel, Michael Futch, will retire on Aug. 31. Assuming his roles will be Terry Eller, who will take on the additional roles of corporate secretary and chief compliance officer, effective Sept. 1.In her new...
 

Sagent Advisors Hires New Compliance Officer

August 20, 2010

Sagent Advisors, an independent M&A advisory firm, has hired Jonathan Bayer as general counsel and chief compliance officer. Bayer brings more than a decade of legal and transactional experience to Sagent, having served as legal counsel at a number of financial institutions, investment banks and corporate law firms throughout his...
 

Freddie Mac CCO Named Administrative Officer

August 16, 2010

Jerry Weiss, chief compliance officer of Freddie Mac, will additionally take on the newly created role of chief administrative officer, the company has announced.As chief administrative officer, Weiss will take on the tasks of managing external relations and human resources. Weiss currently manages Freddie Mac's regulatory affairs and serves as...
 

Reval Forms Risk & Compliance Committee, Hires CCO

August 09, 2010

Reval, a global derivative risk management and hedge accounting solutions provider, has announced the formation of a board-level risk and compliance committee and has hired a chief compliance officer in advance of its registration as a Swap Data Repository (SDR) with the U.S. Commodity Futures Trading Commission.Serving as Reval’s chief...
 

NYPC Appoints Chief Risk & Compliance Officer

August 04, 2010

New York Portfolio Clearing, a joint venture of The Depository Trust & Clearing Corporation and NYSE Euronext, has appointed Joseph Benning as chief risk officer and Laura Klimpel as chief compliance officer and counsel, effective June 1 and Aug. 2, respectively.Prior to joining NYPC, Benning was a director at Moody's...
 

Freddie Mac CCO Also Named Chief Administrative Officer

August 02, 2010

Freddie Mac has named Jerry Weiss to the newly created position of chief administrative officer. Weiss will continue to serve as the company's chief compliance officer and oversee the compliance, economics and strategy, regulatory affairs and mission divisions. In his new role, Weiss will also manage two additional functions: external...
 

Southwest Gas Announces Management Changes

August 02, 2010

Southwest Gas Corporation has announced that George Biehl will be retiring from the positions of executive vice president, CFO and corporate secretary, but said he will continue to assist the company with the transition of his responsibilities.Assuming his position, Roy Centrella will be promoted to senior vice president and CFO....
 

Anthem Education Group Appoints CCO

July 20, 2010

Anthem Education Group, which includes 23 accredited post-secondary education institutions in 15 states, has appointed Sheryl Moody as vice president, general counsel, and chief compliance officer. Moody's experience includes work as general counsel and corporate secretary for two different universities, executive director for the Accrediting Council for Independent Colleges and...
 

Australian Securities Exchange Appoints Compliance Chief

July 07, 2010

The Australian Securities Exchange (ASX) has appointed Kevin Lewis group executive and chief compliance officer, effective July 19. He replaces Eric Mayne, who is leaving the group in September after holding the role for five years. In addition, Malcolm Starr, executive general manager of regulatory and public policy for ASX,...
 

AIG Chooses New Compliance Chiefs

July 06, 2010

American International Group has chosen David DeMuro, the former head of compliance and regulation at now-defunct Lehman Brothers Holdings, to serve as its new deputy general counsel and heading of the company's compliance and regulatory affairs.The company also promoted Karen Nelson to chief compliance officer. Nelson, who joined AIG two...
 

New Director of Ethics and Compliance at Navigant

July 01, 2010

Andrea Bonime-Blanc, general counsel, chief compliance officer, and corporate secretary of Daylight Forensic & Advisory, has announced her new role as associate general counsel and director of ethics and compliance for Navigant Consulting.For the past two years, Bonime-Blanc as served as general counsel, chief compliance officer, and corporate secretary for...
 

Toll Brothers Names Chief Compliance Officer

June 29, 2010

Luxury home builder Toll Brothers has appointed John McDonald as senior vice president, general counsel, and chief compliance officer, effective July 1. He assumes these positions from Mark Kessler, who will remain at Toll Brothers in the role of vice president and senior counsel.McDonald, who joined the Company in August...
 

Pharma Industry Veteran Named PwC Senior Advisor

June 17, 2010

PricewaterhouseCoopers announced that Lori Queisser, former chief compliance officer at Schering-Plough Corporation and Eli Lilly, is working with PwC's governance, risk, and compliance practice as a senior adviser to the firm’s pharmaceutical and life sciences clients.As senior adviser, Queisser will work with PwC professionals to provide strategic guidance to pharmaceutical,...
 

ECOA Elects New Chair, Vice Chair

June 11, 2010

The Ethics and Compliance Officer Association (ECOA) has elected Andrea Bonime-Blanc and Jacqueline Brevard as its new board of directors' chair and vice-chair, respectively. Their two-year terms begin July 1.Bonime-Blanc and Brevard succeed James Berg and Jack Radke, respectively. Bonime-Blanc is general counsel, chief compliance officer, and corporate secretary for...
 

FINRA Bars Compliance Officer

May 03, 2010

The Financial Industry Regulatory Authority last week permanently barred Tod Bretton, former chief compliance officer and head trader for Prestige Financial, for engaging in a fraudulent trading scheme that generated approximately $1.3 million in profits for him and his firm at the expense of customers by subjecting their orders to...
 

New Partner Joins Crowell & Moring

April 28, 2010

The international law firm of Crowell & Moring has announced the addition of Mark Egert as partner in the firm’s Corporate and Financial Services groups, as well as a member of the firm’s White Collar & Regulatory Enforcement Group. Egert will draw upon 15 years of in-house counsel experience to...
 

Compliance Week Podcasts ...

Every week we chat with leading thinkers in compliance, auditing, risk management, public policy and more. These short (10-15 minutes) interviews are free to all. Follow Compliance Week podcasts on iTunes.

Compliance Week LinkedIn Group

Compliance Week now has a companion group on LinkedIn, where members can network and discuss the compliance and governance news of the day. Open to all compliance professionals, free to join.

Survey of the Week


Deloitte is conducting their annual Look Before You Leap: Managing Risks in Global Investments survey to better understand the approaches companies are taking to address compliance and integrity-related risks in emerging markets. 

Thought Leadership

The Risk Intelligent CCO
Sponsored by Deloitte

FCPA Compliance
Sponsored by Kroll Advisory Services

Upcoming Webcasts

ERP Security "Health Check"
Sponsored by ControlPanel GRC

Financial Continuous Monitoring
Sponsored by Infor

Event of the Week

World Class Financial Assurance
Sponsored by Infor