$72.7 billion Bank of America Corporation has renamed Neil Cotty as chief accounting officer, effective July 27. Cotty will succeed Craig Rosato, who has been named consumer credit risk executive. Previous to his appointment last fall as CFO of the company’s Global Banking and Global Wealth and Investment Management businesses, Cotty served as chief accounting […]
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
Former GM General Counsel Rejoins Jenner & Block
Former General Motors’ General Counsel Robert Osborne will be rejoining law firm Jenner & Block in September. He will practice in the firm’s corporate law department. In 2006, Osborne became general counsel at GM, where he oversaw more than 200 lawyers at the auto manufacturer and assisted in the company’s pre-packaged Chapter 11 bankruptcy filing […]
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PPG Industries Appoints Chief Compliance Officer
$15.8 billion PPG Industries has appointed Regis Becker as chief compliance officer, adding responsibility for PPG’s worldwide export control compliance program to his global security and compliance responsibilities. Becker is currently global director of security and compliance. He joined PPG in 1992 as director of corporate security and workers compensation in the environment, health, and […]
Posted inBoards & Shareholders
National Semiconductor Elects New Board Member
BearingPoint Chairman Roderick McGeary has been elected to serve on the board of directors of National Semiconductor, based in Santa Clara, Calif. In addition to his role as Chairman of the $3.2 billion management and technology consulting services company, McGeary served as interim CEO of BearingPoint from 2004 to 2005. He also was CEO of […]
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Discover Financial Services Names New CAO
$5.6 billion Discover Financial Services has named Mark Zaeske senior vice president of finance, and chief accounting officer. Zaeske will oversee Discover’s accounting, external reporting, management reporting, corporate tax, and corporate procurement and payment services. He will report directly to Chief Financial Officer Roy Guthrie. Prior to joining Discover, Zaeske was with JPMorgan Chase, where […]
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Clear Channel Appoints New General Counsel, Americas
$3.2 billion Clear Channel Outdoor Holdings has appointed David Clark as executive vice president and general counsel for the Americas. Clark will report to Andrew Levin, executive vice president and chief legal officer for parent company Clear Channel Communications. Clark has been a member of Clear Channel Outdoor’s legal team for the past five years […]
Posted inRegulatory Enforcement
Multi-state Attorneys General Investigations Gain Steam
Federal regulators are not the only ones flexing their muscles against Corporate America these days. State attorneys general are increasingly joining forces to go after corporate wrongdoers, too. “Obviously, as we have seen over the last several years, attorneys general have become much more aggressive in the way they pursue investigations,” Hector Gonzalez, a lawyer […]
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SEC Names First Chief Counsel for Diversity Initiatives
The Securities and Exchange Commission today announced that Ronald Crawford will become the agency’s first chief counsel for Diversity and Policy Initiatives, effective in August. The new position in the agency’s Office of Human Resources reflects the SEC’s ongoing commitment to recruiting and retaining a highly qualified and broadly diverse workforce with different backgrounds, experiences, […]
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Citigroup Reshuffles Its Senior Management
John Gerspach, the chief accounting officer for Citigroup, will step in to become the bank’s new chief financial officer, marking the third time in less than one year that the embattled bank has reshuffled its top management. Gerspach’s appointment makes him the fifth CFO in five years. Meanwhile, Edward Kelly, who has been CFO only […]
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SEC OCIE Director Lori Richards to Step Down
The Securities and Exchange Commission announced that Lori Richards, director of the SEC’s Office of Compliance Inspections and Examinations plans to leave the agency after more than two decades of government service. Richards has been the director of OCIE since it was created by Chairman Arthur Levitt in May 1995. As its director, Richards managed […]
