The Federal Trade Commission is issuing a strong warning to advertisers: Learn how to self-regulate, or we’ll establish regulations for you. The FTC is working to update its “Guide Concerning the Use of Endorsements and Testimonials in Advertising,” which hasn’t been revised in nearly 30 years and lags far behind marketing in the Internet age. […]
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.
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DPL Taps New Chief Accounting Officer
$1.6 billion energy company DPL, based in Dayton, Ohio, has appointed Joseph Mulpas as vice president, controller, and chief accounting officer. DPL owns Dayton Power and Light Co., among other subsidiaries. Mulpas was previously a partner with Deloitte & Touche in its energy utility practice. He has more than 15 years of accounting experience, including […]
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FTC Chairman Appoints New General Counsel
Federal Trade Commission Chairman Jon Leibowitz has appointed Willard Tom as general counsel for the agency. In addition, several other appointments have been made to senior positions in the agency’s Competition and Economics Bureaus and the Office of Congressional Relations. Tom, who has been practicing antitrust law as a partner in Morgan Lewis’s Washington, D.C. […]
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Sensata Technologies Hires Chief Accounting Officer
$1.4 billion Sensata Technologies, a privately owned company based in Attleboro, Mass., has appointed Robert Hureau as chief accounting officer, responsible for worldwide accounting, external financial reporting, internal controls, and treasury-related activities. Hureau joined Sensata Technologies in February 2007 as vice president and corporate controller and continues to serve as a vice president. Former positions […]
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Metals USA General Counsel Retires Following IPO
$1.8 billion Metals USA Holdings Corp., one of the largest metal service center businesses in the country, announced today that Senior Vice President and General Counsel John Hageman has retired as of May 14. He has been with the company for over twelve years. The company has not announced a successor at this time. The […]
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New Chief Accounting Officer at MetLife
$51 billion MetLife has appointed Peter Carlson as chief accounting officer. In this position, Carlson will oversee corporate accounting functions and financial reporting. Carlson replaces Joseph Prochaska, Jr., who will be retiring from MetLife during 2009. Before joining MetLife, Carlson held various leadership positions in finance at Wachovia Corporation, most recently serving as executive vice […]
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A Q&A With the EPA on Climate Disclosure
Since the Environmental Protection Agency unveiled in March its first proposal to force companies to monitor and report their greenhouse gas emissions, the move has raised an abundance of questions from Corporate America. As previously reported by Compliance Week, the EPA’s 818-page proposed rule would require that businesses and utilities file reports if their annual […]
Posted inRegulatory Enforcement
SEC’s New & Improved Enforcement Division
Corporate compliance and legal officers take note: You will not be dealing with the same Securities and Exchange Commission any longer. So says Robert Khuzami, the SEC’s newly named director of enforcement. After six weeks on the job, Khuzami has outlined a range of reforms that the Enforcement Division will implement to improve its performance. […]
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Fuel Systems Relocates to New York
Fuel Systems Solutions has moved its corporate headquarters to New York City, creating a central base for managing operations in Europe, Latin America, and the United States. Following the move, New York-based Michael Helfand has joined the company as senior vice president of finance and chief accounting officer. Since 2003, Helfand has been a finance […]
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New Chief Insurance Risk Officer of U.S. Annuity at ING
$92 billion ING Group has hired Michael Smith as the chief financial officer and chief insurance risk officer for the U.S. Annuity business. In this role, he will be responsible for all financial and actuarial functions in ING U.S. Annuity. ING recently announced a transition of its current Retail Annuity business. Later this year, it […]
