All Energy & Utilities articles – Page 8
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ArticlePG&E names new CECO amid leadership shuffle
PG&E Corp. is shaking up its management team, including the impending appointment of John Simon as executive vice president, general counsel and chief ethics & compliance officer.
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ArticleFacing potential takeover, PG&E pins hopes on reorganization
Found to be at fault for yet another wildfire last week, PG&E’s return from bankruptcy is off to a rocky start. A new reorganization plan at the company built around risk management and safety is key to avoiding a takeover by the state of California.
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Weatherford names chief compliance officer, general counsel
Multinational oil and gas company Weatherford International announced the appointment of Scott Weatherholt as executive vice president, general counsel and chief compliance officer.
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ArticleExelon subsidiary ComEd to pay $200M in lobbying, bribery case
Commonwealth Edison will pay a $200 million fine as part of a deferred prosecution agreement with the Department of Justice to resolve a criminal investigation into a years-long bribery scheme concerning lobbying practices in Illinois.
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ArticlePG&E makes organizational changes to risk, audit, and safety
A month after admitting guilt in the wildfire deaths of 84 Californians, PG&E announced organizational changes to its risk, audit, and safety leadership teams.
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ArticleWhat are expectations of compliance at a negligent company like PG&E?
Financial crime expert Martin Woods wonders about the compliance priorities of a company found to be as reckless as Pacific Gas and Electric.
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Georgia Power names new chief compliance officer
Georgia Power recently announced several executive leadership moves, including the appointment of Sterling Spainhour as senior vice president, general counsel, corporate secretary, and chief compliance officer.
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ArticleAuditor change: GE dumps KPMG for Deloitte
General Electric announced the appointment of Deloitte as its new independent auditor for fiscal year 2021, ending a relationship with KPMG that dates back to 1909.
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Weatherford parts with compliance chief
Multinational oil and gas company Weatherford International announced the departure of Christina Ibrahim as executive vice president, general counsel, chief compliance officer and corporate secretary.
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ON Semiconductor brings back former chief accounting officer
ON Semiconductor announced the appointment of Bernard Colpitts Jr. as chief accounting officer. Colpitts returns to the manufacturer after departing in late 2019 to serve as chief accounting officer at GameStop.
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FirstEnergy announces general counsel succession
Electric services company FirstEnergy Corp. recently announced a series of management changes, including the appointment of Ebony Yeboah-Amankwah to serve as vice president, general counsel and chief ethics officer.
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ArticleSanctions guidance: Best practices for maritime, energy, metals sectors
A global advisory to alert the maritime, energy, and metals sectors about common deceptive shipping practices used to evade sanctions includes seven sanctions compliance best practices to mitigate risk.
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ArticleHow some companies are hedging supply chain risk during pandemic
As financial hardships caused by the coronavirus pandemic take their toll, some forward-thinking companies have made changes to the benefit of suppliers, serving as leaders for others in their industry.
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ArticleTwo former Penn West execs settle accounting fraud charges with SEC
The former CFO and former VP of accounting and reporting at Penn West Petroleum have settled SEC charges for their role in an accounting fraud scheme that spanned several years.
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Old Ironsides to pay $1M for compliance failures
Old Ironsides Energy will pay a $1 million penalty to settle SEC charges for failing to implement its own compliance policies and procedures regarding the distribution of misleading marketing materials.
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Delek US names new general counsel amid shakeup
Delek US Holdings, a diversified downstream energy company, announced the appointment of Abby Yates as EVP, general counsel and corporate secretary among a handful of recent leadership changes.
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Sempra Energy compliance chief resigns
Sempra Energy announced the resignation of President and Chief Legal Officer George Bilicic with “good reason.” Bilicic was also the company’s chief compliance officer.
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Exelon appoints compliance and audit EVP
Electric power company Exelon announced it has named David Glockner as its new executive vice president of compliance and audit.
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ArticleJohn Wood Group reserves $46M to resolve bribery investigations
John Wood Group said in a regulatory filing it has reserved $46 million in a potential settlement with authorities in the United States, Brazil, and Scotland related to a bribery investigation concerning ties to Monaco-based oil services firm Unaoil.
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Xcel Energy names new compliance, risk chief amid shuffle
Electric services firm Xcel Energy named Karen Hyde senior vice president, chief risk, audit and compliance officer amid a series of recent changes in leadership.