Stephen Cosgrove, controller and chief accounting officer of Johnson & Johnson, will retire in October, the company announced in a Form 8-K. Upon Cosgrove’s retirement, these roles will be filled by Ronald Kapusta, who is currently vice president of finance of J&J’s supply chain. Details inside.
CW Staff
Primary Capital Mortgage Names Chief Compliance Officer
Primary Capital Mortgage, a residential mortgage origination and servicing company, has named Debbie Turner as chief compliance officer. In this role, she will be responsible for oversight of the company’s compliance management system, focusing specifically on state, federal, and local regulatory compliance. Details inside.
The Relationship Between Learning, Workforce Agility, and Business Performance
With a constantly evolving business climate, encountering change is the new normal. As change permeates organizations, it challenges companies’ operational dexterity. Having an agile workforce is paramount to being prepared to effectively and efficiently adapt in times of change for maximum business impact. Organizations that embrace and practice agility are proven to be more effective […]
Newell Rubbermaid Names Chief Accounting Officer
Newell Rubbermaid has appointed Scott Garber as corporate controller and chief accounting officer, effective June 1. He will assume these roles from John Ellis, who has been appointed vice president for finance operations and treasurer. Details inside.
Northwestern University Names First Chief Compliance Officer
Northwestern University has named Marcia Isaacson as the university’s first associate vice president for compliance and chief compliance officer, effective Sept. 1. “The new position was created to ensure that Northwestern coordinates and optimizes compliance activities across the University’s three campuses and large research enterprise,” said Northwestern Provost Daniel Linzer. Details on its new compliance program.
J.C. Penney Names New Chief Accounting Officer
J.C. Penney has appointed Andrew Drexler as chief accounting officer and controller. He succeeds Dennis Miller who will remain principal accounting officer until that time. Details inside.
Amgen Appoints New General Counsel
Amgen has appointed Jonathan Graham as general counsel and secretary, effective July 13. He will succeed David Scott, who is retiring Aug. 31. Details inside.
Investcorp Hires CRO for Hedge Funds Business
Investcorp, a provider and manager of alternative investment products with approximately $11 billion in assets under management, has named Sunil Gaglani to the firm’s hedge funds business in the newly created position of chief risk officer. Details inside.
Two Members Reappointed to FASB
The Board of Trustees of the Financial Accounting Foundation this week reappointed Daryl Buck and R. Harold Schroeder to the Financial Accounting Standards Board. Their new terms are effective July 1, 2015 and end on June 30, 2021. Buck and Schroeder originally were appointed to FASB in 2011, when the size of the board was increased from five to seven members. More inside.
In Focus: 2015 Compliance Trends Survey
For the last five years, Compliance Week has published an annual benchmarking survey, asking compliance officers how they work with their peers, what their responsibilities are, what resources they have and much more. This executive summary is the culmination of a much larger effort. We begin every winter, creating a survey to explore a wide […]


