Setting a proper tone at the top has not been easy for corporate boards since the Sarbanes-Oxley era began—and it’s only grown harder as the tone everywhere else has turned decidedly sour. The difficult economy, uncertain political climate, and unhappy shareholders all pose additional challenges to boards struggling to fulfill their fiduciary duties. Many boards […]
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 inRegulatory Enforcement
Two Years On, Tellabs Reshapes Class-Action Suits
When the U.S. Supreme Court issued its landmark Tellabs v. Makor decision in 2007, setting a high standard for what plaintiffs must prove in a class-action securities lawsuit, Corporate America celebrated. Three more recent court rulings have proven that the Tellabs standard is here to stay. Specifically, Tellabs spelled out how much “scienter,” or knowing […]
Posted inFrom the Archive
Harley-Davidson Names New Chief Accounting Officer
$6 billion Milwaukee, Wis.-based Harley-Davidson has named Mark Kornetzke, a 13-year veteran of the company, as chief accounting officer. Kornetzke most recently was senior director of financial reporting. In other news, the company also appointed John Olin to serve as chief financial officer on an interim basis. Olin, who joined Harley-Davidson in 2003, most recently […]
Posted inFrom the Archive
Sunrise Senior Living Promotes Chief Accounting Officer
Sunrise Senior Living has promoted Julie Pangelinan, currently chief accounting officer, to chief financial officer. Pangelinan will assume the role from current CFO Richard Nadeau, who will be terminated effective on or before June 15. Sunrise announced that the move is part of its efforts to reduce overhead spending and become a leaner organization. Pangelinan […]
Posted inAccounting & Auditing
Former Homeland Security Chief Privacy Officer Joins PwC
Hugo Teufel, former chief privacy officer for the U.S. Department of Homeland Security, has joined PricewaterhouseCoopers as a director in the firm’s U.S. advisory practice. Teufel will focus on helping organizations with issues involving the privacy and security of data, cyber crime, and corruption. From 2004 to 2006, Teufel served as the associate general counsel […]
Posted inFrom the Archive
New Chief Risk Officer at U.K.-Based Prudential
$65.6 billion U.K.-based financial services group Prudential PLC has named Thibaut Le Maire as group chief risk officer, effective in July. Le Maire is presently managing director and head of European insurance for the Financial Institutions Group at Societe Generale. In his new role at Prudential, he will report to Tidjane Thiam, who is moving […]
Posted inFrom the Archive
Sagent Advisors Hires New Compliance Officer
Sagent Advisors, a privately owned investment bank, has hired Osamu Watanabe, a veteran investment banking attorney, as general counsel and chief compliance officer. Watanabe brings more than 25 years of legal and transactional experience, having provided legal counsel to several major investment banks throughout his career. Watanabe joins Sagent after eight years as executive director […]
Posted inFrom the Archive
Asbury Automotive Group Taps New General Counsel
$4.6 billion Asbury Automotive Group has named Elizabeth Brannen Chandler vice president and general counsel, effective May 13. Chandler will replace Lynne Burgess, who resigned effective March 31, but has continued to serve the company in a consulting capacity. Chandler, who brings over 20 years of transactional and governance experience to Asbury, has been the […]
Posted inFrom the Archive
Roche Holdings Appoints New Chief Compliance Officer
Switzerland-based Roche Holdings AG has appointed Rick Kentz as senior vice president, secretary, and chief compliance officer, effective May 1. Kentz is currently vice president and secretary of legal affairs of Roche Pharma North America. In his new role, Kentz will have some responsibilities for legal and corporate services. As Compliance Week previously reported, Roche […]
Posted inFrom the Archive
Honeywell International General Counsel Retires
$36.5 billion Honeywell International has announced the retirement of Peter Kreindler as senior vice president and general counsel, after more than 17 years of service with the company. He will be replaced by Katherine Adams, effective immediately. Adams joined Honeywell in 2003 as vice president and deputy general counsel of litigation, and most recently served […]
