Small-business credit card provider Advanta has announced that Vice President and Chief Accounting Officer David Weinstock will be terminated, due to the company reducing its workforce. Effective Sept. 1, Chief Financial Officer Philip Browne will assume Weinstock’s duties. Advanta, which continues to suffer mounting losses, said the job cuts are designed to “reduce expenses to […]
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
Former McDonald’s COO Joins Qwest Board
Qwest Communications International has named Michael Roberts to its board of directors. He will also serve on the compensation and human resources committee; and the nominating and governance committee. Roberts currently is CEO of marketing company, Westside Holdings. Formerly, he was with McDonald’s Corp., for nearly 30 years, where he last served as president and […]
Posted inFrom the Archive
Bharara Promotes Several SDNY Prosecutors
Preet Bharara, the new U.S. attorney for the the Southern District of New York, promoted several prosecutors in the office to key senior positions. Bharara was confirmed as U.S. Attorney for the office on Aug. 7. Reuters reported that Bharara’s promotions included the following attorneys: Boyd Johnson, previously chief of the office’s public corruption and […]
Posted inAccounting & Auditing
Haskell & White Announces Management Promotions
Accounting, auditing and tax consulting firm Haskell & White has announced six promotions from within the organization. They are: Jon Huckabay has been promoted to senior manager in the firm’s tax department. He joined the firm in January 2008 after five years with BDO Seidman. Paul Louis has been promoted to senior manager in the […]
Posted inFrom the Archive
Former BoA Exec Joins McDermott Will & Emery
The law firm of McDermott Will & Emery has announced that Deanna Newcomb will be joining the Energy & Derivatives Markets Practice Group in the firm’s Houston office on Aug. 25, as an energy and derivatives markets analyst. With more than 17 years of experience in senior compliance and finance roles at several leading energy […]
Posted inFrom the Archive
Former House Chairman Michael Oxley to Lead ERC Board
Michael Oxley, a former member of Congress best known as co-sponsor of the Sarbanes-Oxley Act of 2002, has been elected chairman of the board of directors of the non-profit Ethics Resource Center. Oxley, who rose to chairman of the U.S. House Financial Services Committee during a 25-year Congressional career, is currently of counsel in the […]
Posted inRegulatory Enforcement
Detainee Decision Casts Shadow on Corp. Lawsuits
Corporate legal departments are buzzing about a recent U.S. Supreme Court ruling over federal detention policies for would-be terrorists that could inadvertently have profound consequences for corporate litigation. Lawyers increasingly suspect—or worry, depending on which side of the lawsuit you’re on—that the Ashcroft v. Iqbal decision handed down in May could sharply raise the standard […]
Posted inBoards & Shareholders
Brightpoint Appoints New Director
$4.6 billion Brightpoint has appointed Cynthia Lucchese to its board of directors. She will serve on the audit committee. Lucchese has been the senior vice president and chief financial officer of Hillenbrand, since January 2008. Previously, she had served as senior vice president and chief financial officer for Thoratec Corporation. Prior to that, she worked […]
Posted inBoards & Shareholders
Two Hershey Board Members Resign
$5.1 billion Hershey Co. has announced the resignation of two of its directors following a disagreement based on the company’s decision to establish a finance and risk-management committee. The committee would be in charge of reviewing the company’s annual plan and strategic matters such as acquisitions and dispositions. Board members Charles Strauss and Arnold Langbo […]
Posted inBoards & Shareholders
New Board Member at Meritage Homes
$1.5 billion Meritage Homes Corporation, based in Scottsdale, Ariz., has appointed Dana Bradford to the company’s board of directors. He will serve as a member of the board’s audit, executive compensation, and nominating and corporate governance committees. Bradford is the president and managing partner of McCarthy Capital Corporation, a private equity firm based in Omaha, […]
