Law firm Reed Smith has tapped Lawrence Stein, former general counsel of pharmaceutical giant Wyeth,as counsel. He will be working from the firm’s Philadelphia and Washington offices, effective immediately. Prior to joining Wyeth, Stein was senior vice president and general Counsel of Genetics Institute. Earlier in his career, he also was a partner with Arnold […]
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 inBoards & Shareholders
Biogen Idec Appoints New Board Members
$4.3 billion Biogen Idec has announced the appointment of two new members to its board: Eric Rowinsky and Stephen Sherwin. Icahn Partners, led by activist investor Carl Icahn, proposed Rowinsky as a nominee, while Sherwin was selected by the company. Rowinsky has served as a director at Adventrx Pharmaceuticals since February 2008, recently serving as […]
Posted inBoards & Shareholders
Intuit Exec Joins Qualys Board
Qualys, a provider of on demand IT security risk and compliance management solutions, announced that Jeffrey Hank, who is vice president, corporate controller, and chief accounting officer of Intuit, has joined the Qualys board of directors. Qualys Chairman and CEO Philippe Courtot leads the board. Other members include: General Peter Pace, former chairman of the […]
Posted inFrom the Archive
Pentair Names New General Counsel
$2.7 billion Pentair has named Angela Lageson senior vice president, general counsel, and secretary. She succeeds Louis Ainsworth who announced plans to retire in mid-2010. Lageson, previously assistant general counsel at Pentair, brings a significant track record of achievement during her seven years with the company. She has provided primary legal support on many Pentair […]
Posted inFrom the Archive
United Airlines Appoints General Counsel
UAL Corporation, the holding company whose primary subsidiary is United Airlines, has named Thomas Sabatino senior vice president, general counsel, and corporate secretary, effective March 29. He will report to President and CEO Glenn Tilton. Sabatino joins United from Schering Plough, where he served as executive vice president and general counsel and oversaw the company’s […]
Posted inRegulatory Enforcement
Eli Lilly Beefs Up Compliance, Adds Four New Positions
Pharmaceutical giant Eli Lilly & Co. has agreed to create four new senior-level ethics and compliance positions as part of a deal to settle various shareholder lawsuits stemming from the illegal marketing and promotion of a handful of its drugs. The proposed settlement, which still must be approved by a federal judge, addresses off-label promotion […]
Posted inFrom the Archive
Managing Supply Chain Risks
As the sluggish economy continues to take a heavy toll on manufacturing, global corporations are stepping up scrutiny of the integrity and resiliency of their complex supply chains. “Supply chain risk and supply chain risk management are becoming increasingly important in today’s market,” Brian Bilsback, a director at PricewaterhouseCoopers, said during a March 17 Webcast […]
Posted inInternal Controls
Split Opinions on Internal Audit Scrutinizing Compliance
Internal auditors and chief compliance officers appear to have differing opinions about the internal audit department’s ability to assess risk and compliance functions. That’s according to the findings of a recent poll conducted by the Open Compliance and Ethics Group, which surveyed more than 500 enterprises in the public, private, government, and non-profit sectors. In […]
Posted inFrom the Archive
Huron Consulting Group Appoints Non-Executive Chair
Huron Consulting Group, a provider of business consulting services, has elected John McCartney to the position of non-executive chairman of the board effective May 3. He assumes the role from George Massaro, who served as chief operating officer of Huron from 2003 to 2005 and as vice chairman from 2005 to 2009. Massaro will resume […]
Posted inFrom the Archive
Lockheed Martin Names Controller
$45.2 billion Lockheed Martin has named Christopher Gregoire vice president and controller, effective March 29. In his new position, Gregoire will lead the corporation’s accounting, financial planning & analysis, government finance, and tax functions. Gregoire will succeed Acting Controller Mark Bostic, who will continue his position as vice president of accounting for the corporation after […]
