The Internal Revenue Service is looking to improve its communication with corporate taxpayers. Companies that don’t want to be hit with an audit may want to listen up. During a recent Webcast sponsored by KPMG, Steven Miller, commissioner of the IRS Division for Large and Midsize Business, said the agency wants to begin a conversation […]
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.
Weighing the Options of e-Discovery Programs
Controlling e-discovery costs while minimizing litigation risks are two of the greatest challenges that in-house lawyers face—challenges that most companies aren’t equipped to handle. “Given the relative complexity of e-discovery, very few companies can build and support a completely in-house discovery model,” Glen McFarlene, executive director of e-discovery at JPMorgan Chase, said during a recent […]
Lincoln Financial Appoints Head of Risk
$9.8 billion Lincoln Financial Group has hired Anant Bhalla as corporate treasurer and head of risk management, effective immediately. He reports to Chief Risk Officer Randy Freitag. In this new role, Bhalla is responsible for corporate finance, corporate insurance, treasury operations, liquidity management, enterprise risk and capital management, economic capital, and pricing oversight. Prior to […]
Pfizer Aquires Wyeth, Makes Leadership Changes
Pharmaceutical giant Pfizer has announced some changes in its leadership structure, following the company’s acquisition of drug maker Wyeth. The executive leadership team now represents a combination of Pfizer and Wyeth leaders, including: Amy Schulman, senior vice president and general counsel; Jeffrey Kindler, CEO and chairman; Frank D’Amelio, CFO and senior vice president of business […]
Duane Morris Adds Corporate Partner
Law firm Duane Morris has hired Marc Kushner as a partner in its New York office. He joins Duane Morris from Seyfarth Shaw. Kushner focuses his practice on federal, state, and local tax issues related to partnerships, joint ventures, mergers and acquisitions, real estate, and other corporate transactions. He represents public and private companies, real […]
S&P Plans for ERM Evaluations Falter
Standard & Poor’s much-touted plan to evaluate companies’ risk management efforts as part of its credit-rating decisions seems to have stalled, as S&P analysts figure out how to scrutinize risk management and whether it’s worth the extra burden to companies. Speaking at a recent corporate governance conference in Boston, Geoffrey Buswick, head of S&P’s public-finance […]
Arthur Levinson Quits Google Board
$21 billion Google announced that Arthur Levinson has resigned as a member of the company’s board of directors, effective immediately. The departure of the former Genentech CEO follows increased regulatory scrutiny by the Federal Trade Commission over his membership as a director of both Google’s board, of which Levinson has been a member since April […]
Former Yahoo Chief Accounting Officer Joins Hitachi
Michael Murray, former Yahoo senior vice president and chief accounting officer, has joined Hitachi Global Storage Technologies, a subsidiary of $102 billion electronics company Hitachi, as chief financial officer. He will be based at the company’s headquarters in San Jose, Calif. As Compliance Week previously reported, Murray left Yahoo on Sept. 30. He had been […]
Dunkin’ Brands Legal Chief Departs
Dunkin’ Brands, has announced that the company’s controversial chief legal counsel Stephen Horn is leaving to pursue new opportunities. Arthur Anastos, director and managing counsel, will assume management of the legal department, on an interim basis, effective immediately. Horn’s departure follows a slew of scathing media reports surrounding the roughly 350 lawsuits between Dunkin’ and […]
UBP Asset Management Creates CRO Role
Switzerland-based UBP Asset Management, a fund-of-funds management company, has hired Daniel Kelly to serve in the newly created role of chief risk officer of alternative investment. He will be located in the firm’s New York office. In this new role, Kelly will oversee all aspects of UBPAM’s global risk-management platform, as well as investment-risk management […]
