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- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Jeff Dale2024-04-12T14:57:00
Mike Koenig explained how he helped rebuild JBS Foods’ compliance department following Foreign Corrupt Practices Act (FCPA) settlements with the Department of Justice (DOJ) and Securities and Exchange Commission (SEC) as part of a fireside chat at Compliance Week’s National Conference in Washington, D.C.
Koenig, chief ethics and compliance officer at the Brazil-based food processing giant, joined the company in August 2021 in the midst of its self-disclosure obligations. Koenig brought a wealth of experience to the business, having served as a trial attorney and federal prosecutor with the DOJ for more than two decades.
Despite his background, Koenig said the first six weeks on the job were filled with “fear, anxiety, and chaos.” He confided in the compliance community, including fireside chat moderator Billy Jacobson, partner at law firm Jacobson Lopez and a former assistant chief for FCPA enforcement at the DOJ. Koenig said he called Jacobson “three times a day” when he first started.
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News and analysis for the well-informed compliance or audit exec.
Annual Membership best value
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Our lowest price ($1 per day) for one year.
2024-04-02T13:33:00Z By Adrianne Appel
The value the Department of Justice places on cooperation can be measured by studying penalties and agreements resulting from the agency’s long-running investigation into bribery and corruption by oil traders operating in Latin America and Africa.
2024-03-08T18:33:00Z By Kyle Brasseur
The Department of Justice anticipates its upcoming whistleblower reward program will help the agency increase its pipeline of cases involving apparent violations of the Foreign Corrupt Practices Act, said Acting Assistant Attorney General Nicole Argentieri.
2020-10-15T17:00:00Z By Jaclyn Jaeger
Brazilian company JBS, the largest meat producer in the world, and its holding company agreed to pay nearly $300 million for systemic and widespread corruption in settlements with two U.S. enforcement agencies.
2024-06-27T13:39:00Z By Adrianne Appel
Keeping track of regulations and understanding how they affect your business can be a hot mess without proper organization and collaboration, experts said at Compliance Week’s Women in Compliance Summit, held June 3-4, in Atlanta.
2024-06-14T12:08:00Z By Adrianne Appel
Attendees at Compliance Week’s Women in Compliance Summit discussed strategies for confronting bias against Black, indigenous, and people of color professional women working in compliance and risk.
2024-05-21T18:04:00Z By Aaron Nicodemus
Martin Gruenberg announced he will step down as chairman of the Federal Deposit Insurance Corporation following the release of an independent review that criticized the agency’s lack of response to employee claims of sexual harassment and discrimination.
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