Compliance Week regularly tracks various personnel moves, board appointments, product releases, customer wins, and industry gossip in the corporate governance realm. Submit announcements to Compliance Week’s Jaclyn Jaeger.

Executives Gone Wild

Nicholas

Federal prosecutors indicted Henry Nicholas last week on a shocking range of drug and corporate fraud charges. The founder and now ex-CEO of Broadcom was originally suspected of backdating stock option grants, but the criminal indictment included allegations that Nicholas also spiked the drinks of business associates, hired strippers and provided drugs at parties, and smoked marijuana on his private planes. Nicholas stepped down as CEO of Broadcom in 2003, ostensibly to repair strained relations with his wife. His attorneys insist he is innocent.

From the Regulators

Ricciardi

The Securities and Exchange Commission has announced the retirement of Walter Ricciardi as deputy director of the Division of Enforcement. He will join the law firm of Paul, Weiss, Rifkind, Wharton & Garrison as a partner in the firm’s New York office. In other news, Nancy Morris, secretary of the SEC, has left the agency to become an executive vice president at Allianz Global Investors of America. No word yet on her replacement.

Steven Harris has been appointed to the Public Company Accounting Oversight Board. Harris is currently senior vice president and special counsel for APCO Worldwide. Previously, he spent more than 15 years as staff director and chief counsel of the Senate Banking Committee, playing a key role in the legislation that created the PCAOB.

The Financial Accounting Standards Board has announced leadership changes following the resignation of Linda MacDonald as director of planning development and support activities. Effective in July, Russ Golden, director of technical application and implementation activities, will become technical director; Ron Lott, a senior technical advisor, will assume the newly created position of research director; and Sue Bielstein, director of major projects and technical activities, will become director of planning and support.

Chief Risk, Compliance Officers

Raymond Keane has been named vice president, general counsel, and chief compliance officer at ARIAD Pharmaceuticals. Keane had previously been senior counsel of worldwide medicines at Bristol-Myers Squibb.

Bank of New York Mellon Corp. has named Brian Rogan as chief risk officer, effective July 1. Rogan was formerly chief executive for issuer treasury and broker-dealer services. He will replace Thomas Gibbson, who will become chief financial officer.

Maas

PrimeVest Financial Services has hired Michael Burns as chief compliance officer. Burns succeeds Kevin Maas, who was appointed PrimeVest’s director of strategic initiatives. Prior to joining PrimeVest, Burns founded Minneapolis-based MB Regulatory Solutions, a company specializing in regulatory consultation for business partners in the financial services industry.

Nasdaq OMX has hired Steve Matthews as chief legal and compliance officer. Matthews joins NASDAQ OMX from Credit Suisse in London, where he was a senior compliance officer. Prior to that, Matthews was a compliance officer at Citigroup where he was co-head of the core control group team in London.

Accounting Officers, Controllers

Molloy

PetSmart has announced the resignation of Raymond Storck as chief accounting officer due to the pet retailer’s decision to eliminate that position. Chief Financial Officer Chip Molloy will take on the duties of CAO.

UGI Corp., based in King of Prussia, Penn., has appointed Peter Kelly as interim chief accounting officer. Kelly is currently the company’s vice president of finance and chief financial officer. He replaces Michael Cuzzolina, who has retired.

General Counsels, Corporate Secretaries

$1.1 billion Glatfelter, based in York, Penn., has appointed Thomas Jackson vice president, general counsel, and corporate secretary. Jackson was most recently the deputy general counsel, director of compliance, and assistant corporate secretary for the specialty paper maker company.

DuPont has announced the retirement of Stacey Mobley as senior vice president, general counsel, and chief administrative officer. Succeeding him as senior vice president and general counsel, effective July 1, will be Thomas Sager, currently vice president and assistant general counsel.

Michael Solender has been named chief legal officer at Washington Mutual, replacing Stewart Landefeld. Solender previously worked at Bear Stearns Companies, which was recently acquired by JPMorgan Chase. Landefeld is returning to private practice at Perkins Coie in Seattle.

On the Board

McDonald

Powell Industries has elected Christopher Cragg and Patrick McDonald to its board of directors. Cragg is currently senior vice president of operations of Oil States International. McDonald is currently president and chief operating officer of Powell, a position he has held since February 2007. These additions bring the total number of directors to nine.

From the Vendors

The law firm Alston & Bird has hired Carol McGee as a partner in its Washington, D.C., securities practice. McGee is a former deputy chief counsel for the SEC’s corporate finance division.

Tufin Technologies has announced the launch of its latest PCI compliance product, SecureTrack’s Payment Card Industry Data Security Standard Audit Report. PCI-DSS helps IT security teams meet PCI-DSS requirements in various control areas and serves as a comprehensive, automated tool to strengthen security controls while reducing overall compliance costs.