- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Kyle Brasseur2023-12-14T18:23:00
The board of British oil and gas giant BP announced its remuneration determinations after finding the company’s former chief executive officer committed “serious misconduct” in his disclosure of personal relationships with company colleagues.
Bernard Looney resigned in September upon informing the company he had not been fully transparent regarding its investigation into his relationships. The board’s initial review into the matter, first raised in May 2022, found no breaches of the company’s code of conduct.
But after further allegations were raised, and Looney admitted he hadn’t been fully honest, the board concluded it was misled.
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2024-03-06T18:09:00Z By Ruth Prickett
The U.K.’s Department for Business and Trade named 524 businesses found to have failed to pay the national minimum wage, ahead of wage hikes for certain workers that will take effect April 1.
2023-06-21T14:06:00Z By Kyle Brasseur
Tool manufacturer Stanley Black & Decker avoided a civil penalty in settling with the Securities and Exchange Commission regarding alleged violations of executive perk disclosure rules.
2023-03-02T20:00:00Z By Aaron Nicodemus
Greenbrier Companies and its former chief executive officer will pay a total of $1.1 million to settle charges from the Securities and Exchange Commission the firm failed to disclose perks related to the use of a private jet owned by the CEO.
2025-03-20T13:24:00Z By Aaron Nicodemus
Compliance has long been viewed by some as the “Department of No.” What typically happens is a new product or service is being launched, and compliance is brought in at the end of the process. Inevitably, the compliance team finds aspects of the new product or service that violates a ...
2025-03-11T19:27:00Z By Aaron Nicodemus
A panel at Compliance Week’s Ethics and Compliance Summit will use interactive exercises, real-world case studies, and DOJ guidance to “equip participants with actionable tools to navigate high-pressure environments and build stronger, more human-centered compliance cultures.”
2024-11-19T17:28:00Z By Neil Hodge
Companies spend huge sums on audit, risk management, and compliance to alert them about potential legal issues before they escalate into serious corporate governance failings. There’s only one problem, however–they often misread their own early warning signs or ignore them altogether.
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