$8.5 billion DTE Energy has named Anthony Tocco as chief compliance officer. Tocco is responsible for developing and implementing programs and processes to ensure compliance by DTE Energy and its subsidiaries with applicable laws and regulations. Prior to his new assignment, Tocco was director of enterprise compliance, responsible for the daily activities of the company’s […]
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
KPMG Names New Corporate Recovery Practice Leader
Audit, tax, and advisory firm KPMG has named Howard Steinberg national leader of its Tax Restructuring and Corporate Recovery practice. In this role, Steinberg will lead the firm’s efforts to provide tax-related assistance to clients and prospective clients who are considering restructuring their businesses or other alternatives in the current economic environment. “The recent turmoil […]
Posted inRegulatory Enforcement
Sudden Wave of Antitrust Enforcement
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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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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. […]
