$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 […]
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
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,” […]
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Chief Auditor Thomas Ray to Leave PCAOB
The PCAOB announced today that Thomas Ray, PCAOB chief auditor and director of professional standards, will leave the PCAOB March 6 to return to the private sector. Deputy Director Jennifer Rand will serve as acting chief auditor until a permanent appointment is made. Ray was one of the PCAOB’s first professional staff, having joined the […]
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SEC Names New Deputy Solicitor
The Securities and Exchange Commission has named Michael Conley as the new deputy solicitor in the Commission’s Office of the General Counsel. In his new role, Conley will help oversee the SEC’s appellate and amicus curiae litigation. The appellate group is largely responsible for arguing SEC enforcement cases that get appealed from the trial level. […]
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Management Changes at NYSE
The New York Stock Exchange has announced several management promotions. They are as follows: James Draddy, chief regulatory officer of NYSE Arca, has been promoted to executive vice president. Draddy has overall responsibility for overseeing and directing the regulation of equities and options trading on NYSE Arca, including exchange traded funds, exchange traded notes, and […]
Posted inAccounting & Auditing
A Discussion With IIA President Richard Chambers
In the latest of our conversations with compliance and governance executives, we catch up with Richard Chambers, newly elected president of the Institute of Internal Auditors. In January 2009, the IIA elected Chambers to assume the position of the global professional association’s president. He succeeds David Richards, who retired after serving as president since 2004. […]
