The Lubrizol Corporation, which makes additives for lubricants and fuels, has promoted Greg Lewis to the roles of corporate vice president, global risk management, and chief ethics officer. In this new role, Lewis will oversee loss prevention activities; the health, safety, environment, and security function; and corporate ethics for the company. Since June 2004, Lewis […]
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
New Chief Accounting Officer at Dresser-Rand
$1.6 billion Dresser-Rand Group has elected Ray Carney to serve as vice president, controller, and chief accounting officer. He assumes the roles from Lonnie Arnett, who is retiring. Carney joined Dresser-Rand in August 2008 as corporate controller and has been working with Arnett to transition responsibilities. Carney most recently was with Alcoa, where he was […]
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UBS Taps New Chief Risk Officer
UBS Investment Bank, a subsidiary of $31 billion UBS AG, has appointed Philip Lofts as the new group chief risk officer, effective immediately. Lofts also will serve on the Group Executive Board, replacing Joseph Scoby who returns to his prior post as global head of Alternative and Quantitative Investments. Lofts, who has been with UBS […]
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Former Bear Stearns’ CRO Joins Federal Reserve Bank of NY
The former chief risk officer of Bear Stearns Cos., Michael Alix, has joined the Federal Reserve Bank of New York to serve as a senior adviser to William Rutledge in the Bank Supervision Group. Before the investment bank’s collapse in March, Alix served as chief risk officer at Bear Stearns from 2006 to 2008 and […]
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RAE Systems Appoints Chief Compliance Officer
RAE Systems has promoted Michael Ownby to vice president of finance and chief compliance officer of its China operations, based in Beijing. His new role went into effect Nov. 1. Ownby, who will continue to report directly to CFO Randy Gausman, joined RAE Systems in 2005 and most recently served as treasurer and corporate secretary. […]
Posted inRegulatory Enforcement
Case Studies: When the SEC Comes Knocking
It’s a narrative compliance executives hear all too often: A company becomes the center of a Securities and Exchange Commission probe. The stock price then tanks, the press goes on a feeding frenzy, and senior management is left to pick up the pieces. And that can be the outcome when the probe just ends without […]
Posted inAccounting & Auditing
New Managing Director at PwC’s Advisory People Practice
PricewaterhouseCoopers LLP has appointed John Verderese as managing director in the firm’s U.S. Advisory People and Change practice in its Boston office. In this new role, Verderese will join a team focused on providing people and cultural transformation services to help clients create and manage a diverse and distinctive culture within their organizations. Verderese, who […]
Posted inAccounting & Auditing
New Director of Internal Audit at Jefferson Wells
Jefferson Wells, a global provider of internal audit and controls, technology risk management, tax, and finance and accounting-related services, has appointed Robert Eason as director of internal audit and controls in the firm’s New York office. Eason brings more than 30 years of audit expertise to his new role. Prior to joining Jefferson Wells, Eason […]
Posted inBoards & Shareholders
Moody’s Taps New Board Member
$2.2 billion Moody’s Corporation has elected Darrell Duffie to its board of directors. Duffie is the Dean Witter Distinguished Professor of Finance at the Stanford Graduate School of Business, where he has served on the faculty since receiving his Ph.D. from the school in 1984. He also holds academic appointments at the Mathematical Sciences Research […]
Posted inBoards & Shareholders
Marathon Oil Elects New Board Member
$65.2 billion Marathon Oil Corp. has elected Michael E.J. Phelps to its board of directors, effective Jan. 1. Phelps is chairman and founder of Dornoch Capital, Inc., a private investment company based in Vancouver, British Columbia. Prior to forming Dornoch in 2002, Phelps worked for Westcoast Energy, a natural gas company. Phelps joined Westcoast, also […]