A consensus is emerging among regulators that companies’ efforts to protect the consumer data they collect need a serious overhaul to keep pace with today’s changing technology landscape. The agency taking point on the issue is the Federal Trade Commission, which has begun a series of public forums to explore privacy challenges posed by modern […]
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 inData Privacy
Monitoring Controls a Top Priority in 2010
As Corporate America settles into 2010, it may want to put stronger monitoring controls on its list of things to do this year. In an increasingly complex global operating environment, automated monitoring controls—that is, a system that continuously monitors a business process and automatically flags any deviation from the norm—can help to drive down costs, […]
Posted inFrom the Archive
Chartis Appoints Chief Risk Officer
Chartis, a provider of property-casualty and general insurance, has named Samir Shah senior vice president and chief risk officer, responsible for the organization’s worldwide risk-management strategies. Shah joins Chartis from Validus Holdings, where he held the position of executive vice president and chief risk officer. Prior to Validus, Shah worked as executive vice president and […]
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Webster Financial Names Chief Accounting Officer
Webster Financial, based in Waterbury, Conn., has hired Theresa Messina as chief accounting officer. In this capacity, she will have responsibility for all accounting and treasury operations. Messina was most recently at Fannie Mae, where she worked since 2006 in directing strategic operations involving more than 18 million single-family residential mortgages with a total balance […]
Posted inBoards & Shareholders
Unico Forms New Audit Committee
Unico, a natural resource company in the precious metals mining sector, has announced the formation of an audit committee of the board of directors to enhance the quality and independence of the board’s oversight of the company’s financial affairs. The audit committee’s primary function will be to oversee accounting, internal controls, and financial reporting processes, […]
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BofA ReShuffles Management Team
Bank of America Corp., has reshuffled its management team, following the appointment of Brian Moynihan as the new chief executive on Jan. 1. Among the changes, Gregory Curl, who is expected to soon leave the Charlotte, North Carolina-based bank, has been moved from his post as chief risk officer to an unnamed role, focusing on […]
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New Chair of Blue Ribbon Panel Named
The American Institute of Certified Public Accountants, the Financial Accounting Foundation, and the National Association of State Boards of Accountancy has named Rick Anderson as chairman of the “blue-ribbon panel” established to address how U.S. accounting standards can best meet the needs of users of private-company financial statements. Anderson, chairman of Moss Adams, currently serves […]
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Former Swiss Re CCO Named Chartis General Counsel
Chartis, a property-casualty and general insurance company, has named Thomas Scherer senior vice president and general counsel. In this role, he will be responsible for Chartis’ worldwide legal operations. Most recently, Scherer worked for seven years at Swiss Re Group, where he served as special litigation counsel and chief compliance officer. While at Swiss Re, […]
Posted inBoards & Shareholders
XBRL Board Names Chair
The board of directors and International Steering Committee of XBRL International have approved the appointment of Chethan Gorur, director of Interactive Data Services at Trintech, as Chairman Designate of the XBRL International Standards Board, effective immediately. Gorur succeeds John Turner, CEO of CoreFiling, who is retiring as Chair after serving in the role for three […]
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Steptoe & Johnson Promotes Ten Attorneys
Steptoe & Johnson have announced the promotion of ten attorneys, as well as the re–election of Roger Warin as chair and Philip Malet as vice chair of the firm’s executive committee for another two years. Four attorneys have been elected to the partnership: Darren Abrahams in Brussels, David Lorello in London, Richard Reinis in Century […]