Grapevine

Tesla has named a new chairman of the board, Robyn Denholm, to replace founder and CEO Elon Musk. She takes on the post after serving as CFO for Telstra, Australia’s largest telecommunications company.

The Securities and Exchange Commission has named Charles Cain chief of the Enforcement Division's national specialized Foreign Corrupt Practices Act Unit that focuses on violations of the anti-bribery provisions of the federal securities laws.

Richard Walker, former Director of Enforcement at the Securities and Exchange Commission, has joined international law firm King & Spalding as a partner in the Special Matters & Government Investigations group, resident in the New York office.

The Securities and Exchange Commission has named Jeffrey Harris as director of the agency's Division of Economic and Risk Analysis (DERA).  He replaces former director Mark Flannery, who left the agency to return to teaching.

The Securities and Exchange Commission has named seven individuals to the executive staff of Chairman Jay Clayton. 

David Grim, director of the Division of Investment Management at the Securities and Exchange Commission, will leave the agency in September after more than 20 years of public service. 

Kara Brockmeyer, Chief of the Enforcement Division’s Foreign Corrupt Practices Act Unit, is planning to leave the agency later this month, the Securities and Exchange Commission announced.

Andrew Ceresney, who served from April 2013 to December 2016 as the Director of Enforcement at the Securities and Exchange Commission, will return to the law firm Debevoise as co-chair of the litigation department, where he will practice primarily in the White Collar & Regulatory Defense Group.

Lorraine Echavarria, the former head of enforcement in the Securities and Exchange Commission's Los Angeles office, has joined WilmerHale's securities litigation and enforcement practice as a partner based in WilmerHale's Los Angeles office.

Mary Schapiro, former chairman of the U.S. Securities and Exchange Commission, has joined the Center for Audit Quality's Governing Board. Schapiro will serve as one of three independent Governing Board members who come from outside the public company auditing profession. Details inside.