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- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Jaclyn Jaeger2022-12-01T14:49:00
Senior executive shakeups, mass employee layoffs and resignations, major advertisers halting their ads—it is safe to say nothing about Elon Musk’s acquisition of Twitter has gone smoothly from the start.
Just days after finalizing his purchase of the platform for $44 billion on Oct. 27, Musk began his tenure as the social media giant’s new chief executive by immediately axing top management, including his predecessor CEO Parag Agrawal; Chief Financial Officer Ned Segal; Vijaya Gadde, head of legal, policy, trust, and safety; and General Counsel Sean Edgett. Additionally, in a securities filing, Musk announced the dismantling of Twitter’s nine-member board and that he “became the sole director.”
Musk did not stop with the senior executive team. He also gutted half of Twitter’s 7,500 employees globally. In the days following the firings and mass layoffs, Twitter Chief Compliance Officer Marianne Fogarty, Chief Privacy Officer Damien Kieran, and Chief Information Security Officer Lea Kissner each resigned.
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Membership $599
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2023-04-14T13:09:00Z By Neil Hodge
The BBC’s widely criticized suspension of soccer commentator Gary Lineker for remarks he made on Twitter should prompt employers to reconsider whether they have the right to discipline employees or contractors for what they do outside of the work environment.
2022-12-05T14:52:00Z By Aly McDevitt
Former and current Twitter employees share insights into the state of the social media company’s “toxic” culture and “morose, fearful” atmosphere since Elon Musk stepped on the scene.
2022-11-07T20:10:00Z By Aaron Nicodemus
OneTrust has hired Jisha Dymond, who most recently led Twitter’s regulatory compliance and risk team, to be its new chief ethics and compliance officer.
2024-11-14T20:36:00Z By Adrianne Appel
The U.S. Department of the Treasury’s Financial Crimes Enforcement Network issued an alert to financial institutions about their obligations to report deepfakes, warning artificial intelligence has given bad actors additional tools in their arsenal.
2024-07-31T15:31:00Z By Adrianne Appel
A nationwide rental outlet affiliated with Rent-a-Center and its chief executive have been sued by the Consumer Financial Protection Bureau for allegedly deceiving five million consumers about the terms of credit agreements.
2024-07-24T17:54:00Z By Neil Hodge
A lack of risk visibility is causing companies to reject customers–and potentially lose money–over fears they might be in danger of violating rules around anti-money laundering and sanctions regulations.
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