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Northrop Grumman Hires Corporate Secretary

Global security company, Northrop Grumman, has hired Jennifer McGarey as corporate vice president and secretary, effective Jan. 19. McGarey reports directly to Sheila Cheston, corporate vice president and general counsel. In her new role, McGarey will be responsible for all corporate secretary functions including day-to-day corporate governance, securities compliance and maintenance of the company’s U.S. […]

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Transocean Names General Counsel

Transocean, an offshore drilling contractor based in Switzerland, has appointed Nick Deeming as senior vice president, general counsel and assistant corporate secretary effective on his employment start date, expected to begin on Feb. 7.  Eric Brown, currently in that role, will transition to the company’s Houston office, primarily leading the company’s litigation efforts over the […]

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CNA Appoints Chief Risk Officer

CNA Financial Corporation has appointed Mark Verheyen to senior vice president and chief risk officer. In this role, Verheyen will lead company-wide risk management efforts, including determining risk tolerances as well as measuring and monitoring risk throughout CNA. Verheyen succeeds John Beckman who has accepted the role of chief underwriting officer in commercial insurance. Since […]

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Patriot Rail Makes Management Changes

Patriot Rail Corp, a privately-held short line and regional freight railroad holding company, has promoted Joyce Belfour to vice president and corporate controller. Belfour, who has over 25 years of private and public accounting experience, joined Patriot in May 2007 as corporate controller. Since joining Patriot she has been involved in the development of the […]

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Justice Department to Give Compliance Credit Before Cases Resolve

Good news for compliance officers: The Justice Department has decided to publicize cases where it rewards companies for having a strong compliance program at the time of their offense.   That’s a marked departure from its former policy, where the department would only publicly identify cases where credit was given for compliance programs implemented after […]

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FASB Appoints Technical Director

Financial Accounting Standards Board Chairman Leslie Seidman on Jan. 10 named Susan Cosper as FASB technical director, effective Feb. 1, 2011. Cosper fills the vacancy resulting from the appointment of Russell Golden to the FASB in September 2010. Cosper brings more than 18 years of diverse financial reporting and auditing experience to her new role […]

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