A flurry of antitrust enforcement actions in the last month has corporations suddenly paying more heed to whether their merger deals will pass muster with federal regulators. Since early December, the Federal Trade Commission and the Justice Department have filed complaints three times to undo completed acquisitions—even though the deals were exempt from notification requirements […]
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
Shinsei Bank Hires New Chief Risk Officer
$2.6 billion Japan-based Shinsei Bank has appointed Michael Cook as its new senior managing executive officer, heading up the risk management group, and as chief risk officer, effective immediately. Cook will report directly to President and CEO Masamoto Yashiro and will work closely with CFO Rahul Gupta and the bank’s senior management team. He joins […]
Posted inRegulatory Enforcement
In-house Compliance Attorneys—Yea or Nay?
Corporate executives are all too aware that regulators expect them to have competent, effective compliance functions these days. That’s leading some to wonder whether dedicated legal staffers should be part of an “effective” compliance department. Most companies still have a chief compliance officer and perhaps a few deputies, but they rely on the regular corporate […]
Posted inBoards & Shareholders
New Board Member at E.W. Scripps
The E.W. Scripps Company has elected former Ashland CFO J. Marvin Quin to its board of directors. He replaces David Moffett, who resigned to become CEO of Freddie Mac in November. Quin retired from Ashland in May 2008 after 36 years with the Covington-based company. Originally appointed as treasurer in 1983, Quin was promoted to […]
Posted inFrom the Archive
Lowe’s Creates New Chief Risk Officer Position
Lowe’s Companies has named Marshall Croom to the newly created position of senior vice president and chief risk officer, effective Jan. 31. In this capacity, Croom will provide oversight and direction for the management of enterprise risk, workers’ compensation, loss prevention, safety, internal audit, and quality assurance for the $48.2 billion home improvement chain. He […]
Posted inFrom the Archive
Unicredit Appoints New Chief Risk Officer
$41.1 billion UniCredit has appointed Karl Guha as its new chief risk officer. In addition, Guha will become a member of UniCredit’s Group management committee. Guha has worked for almost twenty years at ABN AMRO in various capacities in Structured Finance, Treasury, Finance, and Risk Management in North America, Europe, and Australia. He replaces Henning […]
Posted inFrom the Archive
Assurant Creates New International Compliance Post
$8.4 billion specialist insurance provider Assurant has appointed Andy Mills to the newly created role of international compliance officer. Prior to Assurant, Mills worked as the European compliance director at Assurant Solutions, a subsidiary of the Assurant group. His former experience also includes two years with Grant Thornton UK as director of the financial markets […]
Posted inFrom the Archive
FTC General Counsel to Join Clifford Chance
William Blumenthal, who served almost four years as general counsel for the Federal Trade Commission, plans to leave the agency to return to private law practice. Blumenthal, who joined the Commission in February 2005, will join Clifford Chance as a partner in the firm’s mergers and acquisitions practice and chairman of its U.S. antitrust group. […]
Posted inFrom the Archive
SEC Names New Corporation Finance Director
The Securities and Exchange Commission has appointed Shelley Parratt to serve as acting director of the Division of Corporation Finance. Parratt replaces John White, who left the Commission last week to return to private practice. Parratt has served as Deputy Director of the Division since 2003 and has been responsible for overseeing the disclosure review […]
Posted inFrom the Archive
World Bank Taps New General Counsel
The World Bank, which provides financial and technical assistance to developing countries around the world and is made up of two institutions owned by over 185 member countries, has appointed Anne-Marie Leroy as senior vice president and general counsel. Leroy, who has been a partner in charge of the department of public law in the […]