$60.4 billion Microsoft has appointed Maria Klawe to its board of directors. Klawe brings extensive academic experience in mathematics, engineering, and computer science to Microsoft’s board. Since 2006, Klawe has been president of Claremont, Calif.-based Harvey Mudd College. Prior to that, she spent three years as dean of engineering and professor of computer science at […]
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
Swiss Re Appoints New Chair
$13.1 billion Swiss Re has elected Walter Kielholz, former Swiss Re CEO and current vice chairman, to serve as its new chairman. Kielholz will succeed Peter Forstmoser, who is resigning one year earlier than planned, on May 1. Mathis Cabiallavetta, a member of Swiss Re’s board of directors, will assume Kielholz’s role as vice chairman […]
Posted inFrom the Archive
FSA Adds to Its Enforcement Team
The Financial Services Authority has announced the appointment of David Kirk as chief criminal counsel, effective in June. Kirk is currently the director of the Fraud Prosecution Service, a specialist unit of the Crown Prosecution Service. As part of its strategy of credible deterrence, the FSA has placed great emphasis on bringing criminal actions for […]
Posted inFrom the Archive
Mark Cahn Named Deputy General Counsel at SEC
The Securities and Exchange Commission has named Mark Cahn deputy general counsel for litigation and adjudication in the SEC’s Office of the General Counsel. In this new role effective next week, Cahn will help oversee enforcement matters, appellate cases, and adjudications. Cahn fills a position previously held by Andrew Vollmer, who announced last month that […]
Posted inBoards & Shareholders
Cott Corporation Appoints CEO to Board of Directors
$1.7 billion Cott Corporation, a worldwide producer of store-brand carbonated beverages, has appointed CEO Jerry Fowden to serve on its board of directors. Fowden is not expected to be named to any board committee. In order to accommodate Fowden’s appointment, Philip Livingston stepped down from the board. Livingston has played a significant leadership role since […]
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NYSE Selects Interim CEO
The board of directors of the New York Stock Exchange Regulation has selected Executive Vice President and General Counsel James Duffy to serve as its interim CEO, effective March 16. Duffy was appointed executive vice president and general counsel of NYSE Regulation on Jan. 6, 2006. He joined the NYSE in May 1999, and served […]
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Genworth Financial Taps CRO and Chief Actuary
$11.1 billion Genworth Financial has appointed Michel Perreault as its new chief risk officer. In this role, Perreault will be responsible for enterprise-wide risk management, as well as risk oversight for the Retirement and Protection business unit. He will oversee a global risk organization of more than 150 employees and will report directly to Genworth […]
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Ambac Appoints Chief Risk Officer
$1.8 billion Ambac Financial Group appointed Gregory Raab as chief risk officer. He will succeed David Wallis, who was promoted to president and chief executive of the company in October. In his new role, Raab will manage Ambac’s $430 billion of net insured par outstanding and make key decisions involving risk management and loss mitigation. […]
Posted inRegulatory Enforcement
Whistleblower Reprisal Ruling Puts Employers on Alert
A recent U.S. Supreme Court ruling has again widened the scope of when an employee can sue for whistleblower retaliation, and companies would do well to reconsider how they conduct investigations as a result of it. The case, Crawford v. Metropolitan Government of Nashville, involved three women interviewed as part of an internal investigation of […]
Posted inTechnology
eDiscovery Rules for Document Preservation
Technology is often key to helping any business endure a government investigation or lawsuit—and can just as often be the company’s undoing if it navigates the perils of e-discovery poorly. Lackey “The work you’ve done prior to that day is going to determine in large measure how effective you’re going to be in your response,” […]