Jaclyn Jaeger

Verizon Communications has elected Lowell McAdam, Verizon president and chief operating officer, to the Verizon board of directors, effective immediately. The addition of McAdam brings Verizon’s total board membership to 14. “This is another important step in the succession process at Verizon,” said Ivan Seidenberg, Verizon chairman and CEO, who has previously announced that he […]

The California Public Employees’ Retirement System, a public pension fund with approximately $229 billion in assets, has appointed CalPERS executive Larry Jensen as chief risk officer, a new position created to improve the pension fund’s overall risk management program. As chief risk officer, Jensen will serve as an independent adviser and consultant to the Board’s […]

Kathleen Harris, former head of the Fraud Business Group at the UK Serious Fraud Office, will join the law firm of Arnold & Porter in London in early June. She will be a member of Arnold & Porter’s white-collar criminal defense practice, further expanding its international white collar and enforcement capabilities. In her role at […]

Heritage Financial Group, the holding company for HeritageBank of the South with approximately $119.4 million in assets, announced management promotions and additions designed to support the company’s future growth. Among the appointments, the company has hired Robert Krimmel as senior vice president and chief accounting officer. Prior to joining the company, Krimmel served as controller […]

Hannover House, the entertainment division of Target Development Group, has appointed entertainment and accounting veteran, Eduardo Suarez-Moreno, to the newly created position of controller to oversee the company’s internal record keeping and accounting activities, effective as of Feb. 25. He will work out of the Hannover House corporate offices in Springdale, Ark. Suarez-Moreno is an […]

Flagstar Bancorp, the holding company for Flagstar Bank, has announced the addition of several new key executives, including the hiring of Michael Maher as executive vice president and chief accounting officer. Maher brings 30 years of experience in community and mortgage banking and public accounting. Other new key appointments to the bank are: Steven Issa, […]

A recent Delaware Chancery Court decision reaffirming the vitality of poison pills as a defense against hostile takeovers is being hailed as a ringing endorsement of corporate boards’ discretion in takeover attempts—and also leaving shareholder activists with a bitter taste in their mouths. The Chancery Court ruled on Feb. 15 that board members of Airgas, […]

The American Institute of Certified Public Accountants has named Richard Paul as chairman of the Financial Reporting Executive Committee. Effective in March, Paul will succeed Jay Hanson, who recently was appointed to the Public Company Accounting Oversight Board.  As chairman, Paul will head one of the  AICPA’s most important volunteer bodies, which serves as the […]

The Depository Trust & Clearing Corporation has appointed Reena Walia as managing director of Equities Risk Management in its Enterprise Risk Management Group. In her new position, Walia will lead a team charged with assessing risk management across its National Securities Clearing Corporation, Depository Trust Company and EuroCCP subsidiaries and will provide oversight of current […]

Cox Communications has promoted Bill Fitzsimmons to senior vice president of corporate finance and chief accounting officer. In this role, Fitzsimmons will be responsible for overseeing all aspects of accounting, financial planning and analysis, annual valuation assessments, internal and external reporting as well as operating and income taxes for Cox. Fitzsimmons has served in a […]