Are you in compliance?

Don't miss out! Sign up today for our weekly newsletters and stay abreast of important GRC-related information and news.


Status message

Start your free, no obligation 5-day trial to continue exploring with full access.

Flying the Unfriendly Skies of Investigations and Resignations

Tom Fox | September 9, 2015

Almost never in the FCPA world do you see an announcement as stark as the one delivered this week by United-Continental Airlines around the immediate resignation of the now-former Chief Executive Officer Jeff Smisek. A company release stated: “The departures announced today are in connection with the company’s previously disclosed internal investigation related to the federal investigation associated with the Port Authority of New York and New Jersey. The investigations are ongoing and the company continues to cooperate with the government.”

This resignation came out of the Bridgegate scandal from New Jersey, although it was not related to the original claim that the New Jersey Governor’s office ordered the closing of certain traffic lanes around Fort Lee, N.J. to punish the mayor for not supporting Gov. Chris Christie as he ran for re-election. Smisek resigned over an airline flight from Newark to Columbia, South Carolina. The flight was reported to be a money-losing route...

Read this single article for $49, or click the subscribe button below to review subscription options.

Enjoy unlimited access to thousands of articles, browse five years of digital magazines, qualify for reduced admission to events, and more.