- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Jeff Dale2023-09-13T17:32:00
Medical device company Orthofix Medical announced a shake-up of its C-suite after an investigation uncovered “repeated inappropriate and offensive conduct” by top executives that forced the company to fire them for cause.
Chief Executive Keith Valentine, Chief Financial Officer John Bostjancic, and Chief Legal Officer Patrick Keran were each dismissed after a unanimous decision by the board’s independent directors. The board also requested Valentine resign from the board.
Catherine Burzik, chair of the board, has taken over as interim CEO; Geoffrey Gillespie, vice president, corporate controller, as interim CFO; and Puja Leekha, senior vice president, chief ethics and compliance officer, as interim CLO, the company said in a press release Tuesday. The appointments are effective immediately.
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2022-03-17T16:09:00Z By Aaron Nicodemus
Ericsson named Scott Dresser to lead its compliance division. The appointment comes the same month the Swedish telecom was notified by the Department of Justice of a second breach of its 2019 deferred prosecution agreement with the agency.
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Hiltrud Werner, board member responsible for integrity and legal affairs at Volkswagen and a key figure in the Dieselgate monitorship, will leave the German automaker on Feb. 1, 2022, as part of a series of managerial changes.
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Two former Democratic members of the Federal Trade Commission–Alvaro Bedoya and Rebecca Kelly Slaughter–filed a lawsuit against President Donald Trump and the remaining commissioners, claiming their recent termination was without cause and that the courts should rule their dismissals as “unlawful and ineffective.”
2025-03-19T19:15:00Z By Oscar Gonzalez
President Donald Trump fired two Democratic commissioners serving on the Federal Trade Commission, the regulatory agency overseeing antitrust and consumer protection laws and which has been traditionally independent and staffed by members of both political parties.
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Scintilla, a cryptocurrency solutions provider based in the United Arab Emirates, announced the appointment of Janey Schueller as its new chief compliance officer.
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