All Energy & Utilities articles – Page 3
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PremiumMoney, size, industry: Multiple factors at play in setting compliance reporting lines
Compliance teams most often report to their firm’s legal department, our “Inside the Mind of the CCO” survey found. However, heavily regulated companies and those with fewer employees saw different trends emerge.
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Tellurian promotes chief compliance officer to president
Natural gas company Tellurian announced the promotion of General Counsel and Chief Compliance Officer Daniel Belhumeur to president.
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CNX announces general counsel
Natural gas company CNX Resources Corp. announced Timothy Bedard will join as executive vice president, general counsel and corporate secretary.
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Southern Company names chief compliance officer
Energy services provider Southern Company announced Meredith Lackey will be its chief compliance officer.
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Sempra announces new risk and compliance head
Energy infrastructure firm Sempra appointed its Chief Financial Officer Trevor Mihalik as group president, a role in which he’ll have responsibility for risk and compliance.
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Solar Integrated Roofing hires general counsel
Solar Integrated Roofing Corp. announced the hiring of Jason Ostendorf as its new general counsel.
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News BriefAxpo Italia fined $10.5M in GDPR case over data processing
Axpo Italia, a producer and trader of renewable energy products, was penalized under the General Data Protection Regulation by the Italian data protection authority for processing inaccurate and outdated personal data of customers.
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PremiumRisk models show finance, real estate most likely to face costly cyber events
The finance and real estate industries are at higher risk of experiencing a high-cost material cybersecurity incident, compared to other sectors, according to new research from risk modeling firm Kovrr based off data from U.S. Fortune 1,000 companies.
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Xcel Energy promotes compliance head to chief customer officer
Xcel Energy announced Amanda Rome as executive vice president, group president of utilities and chief customer officer. Rome served as chief legal and compliance officer since 2021.
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Dominion Energy promotes chief legal officer
Dominion Energy announced Carlos Brown as president of Dominion Energy Services and executive vice president, chief legal officer and corporate secretary of Dominion Energy.
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News BriefExelon, ComEd fined $46M by SEC over bribery scandal
Exelon and its subsidiary Commonwealth Edison agreed to pay $46.2 million as part of a settlement with the Securities and Exchange Commission related to their Illinois bribery and lobbying scandal that previously earned ComEd a deferred prosecution agreement.
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News BriefSpruce Power fined $11M for misleading electric vehicle projections
Solar energy services provider Spruce Power Holding Corp. was assessed an $11 million penalty by the Securities and Exchange Commission as part of a settlement addressing its predecessor’s alleged misleading of investors regarding its electric vehicle sales pipeline.
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Spearmint Energy names general counsel
Spearmint Energy announced the appointment of Tara Young as general counsel.
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News BriefSEC fines Monolith $225K over violating whistleblower protections
Monolith Resources, a privately held energy and tech company, agreed to pay $225,000 to settle charges by the Securities and Exchange Commission it used employee separation agreements that violated whistleblower protection rules.
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News Brief
Plug Power settles with SEC over accounting woes; warned of added $5M fine
Plug Power was fined $1.25 million as part of a settlement with the Securities and Exchange Commission over alleged accounting failures that the company agreed to fully remediate within one year or face an additional penalty.
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CleanSky Energy promotes chief compliance officer
CleanSky Energy announced the promotion of Andy Beauchamp to the newly created position of chief regulatory and compliance officer.
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Canadian Solar chief compliance officer retires
Renewable energy company Canadian Solar announced Jianyi Zhang’s retirement as chief legal officer, chief compliance officer, and corporate secretary.
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CF Industries promotes CCO to general counsel
CF Industries Holdings announced the promotion of Vice President, Chief Compliance Officer and Assistant Secretary Michael McGrane to vice president, general counsel and secretary.
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Centrus Energy promotes director of compliance to acting GC, CCO
Nuclear power company Centrus Energy Corp. announced the promotion of Senior Assistant General Counsel and Director of Legal Affairs and Corporate Compliance Shahram Ghasemian to acting general counsel, chief compliance officer, and corporate secretary.
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PremiumCCO compensation survey: Big gains for energy, healthcare
Annual total compensation for chief compliance officers rose 10 percent in 2022, according to the latest compensation survey by executive search firm BarkerGilmore.