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. […]
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
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 […]
Posted inFrom the Archive
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, […]
Posted inFrom the Archive
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 inData Privacy
Mass. Data Privacy Law Still in Flux
Compliance executives across the nation are increasingly worried that Massachusetts’ troublesome new data privacy law, scheduled to go into effect at the start of 2010, is still a cauldron of unanswered compliance questions. The law—now embodied as state regulation 201 CMR 17.00—is far more rigorous than any other data privacy rule in the country. It […]
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 […]
Posted inBoards & Shareholders
Citigroup Board Names Three New Outside Directors
Citigroup has named three new directors to its board, following increased pressure from banking regulators that more banking experience among its executives was needed. The new directors are Diana Taylor, managing director of Wolfensohn Capital Partners and a former superintendent of banks for the New York State Banking Department; Timothy Collins, chief executive of Ripplewood […]
Posted inBoards & Shareholders
GM Names New Board Members, Corporate Secretary
Following its emergence from bankruptcy, General Motors on July 23 appointed five new members to its board of directors, as well as a new corporate secretary. The new members include Daniel Akerson, a managing director at The Carlyle Group; David Bonderman, co-founding partner at TPG; Robert Krebs, former chairman and CEO of Burlington Northern Santa […]
