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 […]
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
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 […]
Posted inFrom the Archive
Former BoA Chief Accounting Officer Returns to Role
$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 […]
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 […]
Posted inFrom the Archive
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 […]
Posted inFrom the Archive
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 […]
Posted inFrom the Archive
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 […]
