John Hancock Financial, a subsidiary of $27 billion Manulife Financial Corporation, has appointed Craig Raymond as the chief risk officer and chief actuary. He will report to Jim Boyle, president of John Hancock Financial. In this newly created role, Raymond will be supervising all risks including strategic, insurance, market and liquidity, credit, and operational risks. […]
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 inFrom the Archive
BDO Seidman Mourns Passing of Ben Neuhausen
BDO Seidman has announced that Ben Neuhausen, the firm’s national director of accounting, has passed away after a prolonged illness. Neuhausen, who was a leading voice in the accounting industry’s standard setting process, died July 31 in Chicago at the age of 59. “All of us at BDO Seidman are deeply saddened by the loss […]
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Former Aon Executive Joins Medtronic as General Counsel
$14.5 billion Medtronic has hired D. Cameron Findlay to serve as its senior vice president, general counsel, and corporate secretary, effective Aug. 24. The new hire follows criticism against the medical device company for certain of its relationships with physicians in recent months. Specifically, U.S. Sen. Charles Grassley is investigating the company’s relationship with a […]
Posted inFrom the Archive
Huron Consulting Execs Resign Amid Investigation
Huron Consulting Group has announced the resignation of three of its executives, following notice by the Chicago-based consultancy firm that it is restating three fiscal years of financial statements on the heels of a financial scandal. Chairman and CEO Gary Holdren, whose resignation became effective Aug. 3, will leave Huron at the end of August. […]
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Marathon General Counsel, Secretary to Retire
$73.5 billion Marathon Oil Corp. has announced the retirement of William Schwind as vice president, general counsel, and secretary, effective Nov. 1. Schwind will continue in his current role until Sept. 1, when he will assume the position of senior vice president of law and secretary. At that time, Sylvia Kerrigan will become vice president […]
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Delaware Chancery Court Vice Chancellor Joins Paul Weiss
Stephen Lamb, who served as a vice chancellor of the Delaware Court of Chancery since 1997, has joined law firm Paul, Weiss, Rifkind, Wharton & Garrison as a partner in both the corporate and litigation departments. Vice Chancellor Lamb left the court at the expiration of his 12-year term on July 28. Before his appointment […]
Posted inEthics & Culture
Caterpillar Ethics, Compliance Leader Joins Lennox
Eric Hinton, currently ethics and compliance manager at Caterpillar, has announced that he will be leaving his position to pursue another opportunity, effective Aug. 3. After 10 years at Caterpillar, Hinton will join Lennox International, based in Richardson, Texas, as director of ethics and compliance and legal counsel. Prior to his current position at Caterpillar, […]
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Alcoa Names Chief Legal and Compliance Officer
$27 billion Alcoa has appointed Nicholas DeRoma as executive vice president and chief legal and compliance officer, effective Aug. 3. In addition to leading Alcoa’s legal and compliance operations worldwide, DeRoma will also serve on the executive council. He succeeds Michael Schell, who will continue to serve as executive vice president of business development and […]
Posted inBoards & Shareholders
PCAOB Names Daniel Goelzer Acting Chairman
Public Company Accounting Oversight Board Member Daniel Goelzer has been named acting chairman of the PCAOB by the Securities and Exchange Commission, effective Aug. 1. His appointment follows the announcement of the resignation of PCAOB Chairman Mark Olson, effective July 31. Goelzer has been a board member of the PCAOB for six years and is […]
Posted inInternal Controls
Amid Anxiety, Red Flag Rules Take Effect
The Federal Trade Commission’s compliance deadline for its so-called Red Flag Rules has finally arrived, requiring banks and other creditors to have written programs in place to find, stop, and mitigate theft of consumers’ personal data. The rules formally go into effect Aug. 1, after a three-month extension to give companies more time to find […]
