The Blue Cross Blue Shield Association, a national federation of 37 independent, community-based and locally operated Blue Cross and Blue Shield companies, has promoted Scott Nehs to the role of general counsel and corporate secretary. Nehs was promoted to his current position after serving for three years as deputy general counsel and assistant corporate secretary. Details inside.
CW Staff
Wells Fargo Advisors Names New Chief Compliance Officer
Wells Fargo Advisors, with $1.4 trillion in client assets, has named Jim McHale as chief compliance officer. His appointment follows an administrative proceeding instituted by the Securities and Exchange Commission in October against Wells Fargo’s former compliance officer for allegedly altering a document before it was provided to the SEC during an investigation. Details inside.
Novae Names Group General Counsel
London-based insurance underwriting company Novae has appointed Alexandra Moon as group general counsel, effective immediately. She also joins Novae’s group executive committee, and will report to CEO Matthew Fosh. Details inside.
MTN Group Names Group Chief Business Risk Officer
South-Africa based mobile telecommunications company MTN Group has appointed Suren Sooklal as group chief business risk officer, effective immediately. He replaces Shauket Fakie, who is retiring after serving eight years in the role. Details inside.
Pension Protection Fund Names Chief Risk Officer
The Pension Protection Fund, a U.K.-based fund established to pay compensation to members of eligible defined benefit pension schemes, has appointed Hans den Boer as its chief risk officer. He will oversee all of the PPF’s risk functions and becomes a member of the executive committee. Details inside.
TimkenSteel Elects New Independent Directors
TimkenSteel elected two new independent directors: Randall Edwards, president and chief operating officer of Premier Pipe, and Ronald Rice, president and chief operating officer of RPM International. Details inside.
Obama Nominates Stuart Delery as Associate Attorney General
President Barack Obama has nominated Acting Associate Attorney General Stuart Delery to permanently serve in the Justice Department’s third-ranking post. He must still be confirmed by the Senate. “Stuart has proven himself to be an outstanding attorney, an extraordinarily dedicated public servant, and an indispensable part of our senior leadership team,” said Attorney General Eric Holder in a statement. Details inside.
Raytheon Company Appoints New General Counsel
Defense giant Raytheon has appointed Frank Jimenez as general counsel, effective as of Jan. 19. He succeeds Jay Stephens, who is retiring from Raytheon on March 31 after serving 12 years as general counsel and corporate secretary. Details inside.
New Chair Named to Attorney General’s Advisory Committee
Attorney General Eric Holder today appointed U.S. Attorney John Walsh for the District of Colorado as chair of the Attorney General’s Advisory Committee of U.S. Attorneys, and U.S. Attorney Richard Hartunian for the Northern District of New York to serve as vice chair. Both appointments are effective immediately. Details inside.
OCC Names Chief Risk Officer
OCC, an equity derivatives clearing organization, has appointed John Grace as chief risk officer. He will be responsible for driving and implementing OCC’s risk management strategy. Details inside.


