Penn National Gaming, an owner and operator of gaming and racing facilities with a focus on slot machine entertainment, has named Frank Donaghue as vice president regulatory affairs and chief compliance officer, effective July 25. Thomas Auriemma, who has retired as chief compliance officer after 34 years in the gaming industry, has joined the company’s […]
Jaclyn Jaeger
Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal, enforcement, technology, and more. Prior to joining CW, she spent four years as a legal reporter for Lawyer’s Weekly. Jaclyn attended undergraduate school at St. Joseph’s College of Maine and graduate school at Emerson College, earning degrees in journalism.
Posted inFrom the Archive
Despite Record Losses, Insurance Rates Remain Stable
An unprecedented string of catastrophes around the world—everything from the earthquake in Japan to tornadoes in Missouri—has already made 2011 the most expensive year on record for the insurance industry. But risk managers will be relieved to know that the property-casualty insurance market is still healthy, and insurance rates are likely to remain stable. The […]
Posted inRegulatory Enforcement
GAO Report Lends No Support to ‘Secondary Actor’ Liability
As lawmakers continue to debate whether scammed investors should be able to sue those who help fraudsters pull off their schemes—outside counsel, investment bankers, accountants and the like—a new government report provides extensive analysis on the potential costs and benefits of amending federal securities laws to allow such lawsuits. Congress directed the Government Accountability Office to […]
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CCO of Direct Edge Appointed General Counsel
Direct Edge, America’s newest stock exchange, announced that Tom McManus will assume the role of general counsel, effective Aug. 15, in addition to his current roles as chief compliance officer and chief regulatory officer of its registered exchanges. McManus succeeds Eric Hess, who is leaving the company to pursue other opportunities. As general counsel, McManus will […]
Posted inFrom the Archive
Ball Corporation Appoints Corporate Secretary
Ball Corporation, a supplier of high quality packaging for beverage, food and household products, has elected Charles Baker to the office of corporate secretary. Baker has been general counsel and assistant corporate secretary since 2004. He joined Ball Corporation in 1993 after 10 years with the law firm of Fraser & Beatty in Toronto. At Ball, […]
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Lantheus Appoints New VP of Finance
Lantheus Medical Imaging, a diagnostic imaging company, has promoted Jeffrey Young to vice president of finance and chief accounting officer. Young, who joined the company in the fall of 2008 as global controller, will now manage all aspects of the company’s finance, accounting, management and SEC reporting, treasury and other functions. He will serve as […]
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Altegrity Acquires CVM Solutions
Altegrity, the parent company of data and information services, employment screening and investigative services providers, has acquired CVM Solutions, a provider of supplier management technology and data solutions. CVM Solutions will become part of risk-consulting company Kroll, an Altegrity subsidiary. Terms of the transaction were not announced. CVM Solutions will be combined with Kroll Risk […]
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Americold Appoints Compliance Officer
Americold, a provider of temperature-controlled warehousing and logistics to the food industry, announced that Hamid Arabzadeh has joined the company as executive vice president and chief compliance officer. Arabzadeh joins Americold after 11 years as the principal of HRA Environmental Consultants. Prior to HRA, Arabzadeh served as the Director of Global Industrial Hygiene for UNOCAL […]
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RIL Appoints Chief Compliance Officer and Secretary
Reliance Industries Limited, India’s largest private-sector enterprise with more than $58 billion in annual U.S. revenues with businesses in the energy and materials sector, has appointed K Sethuraman as the group’s company secretary and chief compliance officer. Sethuraman assumes the roles from Vinod Ambani, the company said in a regulatory filing. India-based telecommunications company, Reliance […]
Posted inUncategorized
Building an Effective Training Program
A seemingly endless array of accounting, compliance, and reporting changes continue to bombard companies in all industries, forcing many compliance and financial executives to revisit their in-house training programs to ensure that they address the complex task of readying employees to implement the required changes. In addition to long-time Sarbanes-Oxley Act reporting obligations, companies now […]
