$66.3 billion Boeing has announced a series of personnel moves within its corporate and business unit Finance organizations. The changes are effective immediately. Commercial Airplanes CFO Rob Pasterick has been named vice president of finance and corporate controller, reporting to Boeing Corporate President and CFO James Bell. Pasterick has held a variety of key finance […]
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
Insider-Trading Activity Keeps Marching Upward
The New York Stock Exchange is reporting a record number of insider-trading cases from 2008, but who is committing the alleged infractions is what’s raising eyebrows. New York Stock Exchange Regulation referred 146 cases of suspected insider trading to the Securities and Exchange Commission in 2008, surpassing 2007’s numbers (another record year) by five cases. […]
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SEC Chooses New General Counsel
The Securities and Exchange Commission has tapped David Becker, a partner at Cleary Gottlieb Steen & Hamilton, to be the SEC’s general counsel and senior policy director. The appointment is Chairman Mary Schapiro’s first since she took office. As general counsel, Becker will coordinate legal cases and advise on enforcement actions, and will have an […]
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Protiviti Announces Management Change
The New York office of Protiviti, a global business consulting and internal audit firm, has promoted Charles Soranno from director to managing director. Through his leadership role with Protiviti’s Finance Remediation and Reporting Compliance solution and Internal Audit practice, Soranno serves a broad array of clients in the financial services, real estate, communications, and retail […]
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AMERIGROUP Names Chief Compliance Officer
$3.9 billion AMERIGROUP Corp. has named John Finley chief compliance officer and senior vice president of business ethics. In this new role, Finley will oversee a team of compliance officers that monitor operations throughout the company and its affiliated state health plans. Prior to joining the managed healthcare company, Finley served as associate vice chancellor […]
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ACC Chair Elected as Homeland Security General Counsel
President Obama has nominated Ivan Fong, chief legal officer & secretary for Cardinal Health, as general counsel for the U.S. Department of Homeland Security. Fong, Association of Corporate Counsel Chair, has been a member of the ACC Central Ohio Chapter since 2005, and was previously a member of the Westchester/Southern Connecticut Chapter. He has served […]
Posted inRegulatory Enforcement
Tough Times for Corp. Legal Departments
A new study of corporate legal departments confirms what most general counsels already know: 2009 is going to be a rough year. Forty percent of legal departments expect a decrease in their overall operating budget for 2009, compared to only 8 percent last year. At the same time, however, litigation activity is rising—particularly for the […]
Posted inRegulatory Enforcement
New HHS Settlement Deals Spook Boards, Execs
Corporate compliance officers in the healthcare and pharmaceutical industries are feeling a little uneasy these days over a wave of settlements with the Department of Health and Human Services that raise the specter of holding senior executives criminally liable for the compliance failures of others. At issue is new language contained in many of the […]
Posted inFrom the Archive
New Chief Compliance Officer at UnionBanCal Corp.
$3.8 billion UnionBanCal Corporation and its primary subsidiary, Union Bank, N.A., has promoted Lynn Sullivan to executive vice president and chief compliance officer. She will report to Vice Chairman and Chief Risk Officer John Erickson. Sullivan succeeds David Wittman, who joins the Bank Technology Services group’s newly formed Integrated Banking Platform team. Sullivan joined Union […]
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Former Fannie Mae General Counsel Joins Paul Weiss
Beth Wilkinson, formerly general counsel for Fannie Mae, has joined the Washington office of Paul, Weiss, Rifkind, Wharton & Garrison as a partner in the litigation department. Wilkinson left the beleaguered Fannie Mae last September following the government takeover of mortgage giants Fannie and Freddie Mac. Before joining Fannie in 2006, Wilkinson was co-chair of […]
