Posts by Matt Kelly

More Thoughts on the Misconduct Penalty

My previous post about the salary penalty for people who have “tainted” companies on their resume has generated quite a bit of attention, and rightly so. That penalty — a haircut of 4 to 10 percent off the salary of your next job — says a lot about how people instinctively respond to perceptions of…

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The Salary Penalty for Misconduct

Here’s yet another way to convince senior executives and other colleagues that a strong compliance program matters: misconduct at the company can trim the salary offer those people might get at their next job — by 4.6 percent or more, apparently. So says a fascinating paper from Harvard Business School, where two professors examined a…

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NJ Transit ex-CCO Files Whistleblower Case

NJ Transit

The former chief compliance officer at New Jersey Transit filed a federal whistleblower complaint against the agency last week, the latest twist in a drama that has irritated New Jersey commuters for months. The ex-compliance officer, Todd Barretta, filed his complaint with OSHA on Jan. 10, claiming whistleblower status under the Federal Rail Safety Act.…

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Compliance Jobs Report: Jan. 12

Compliance jobs

The Compliance Jobs Report this week has news of compliance personnel moves at Capital One, Cooper Standard, Black & Decker, and Veolia; we also have gossip from the Securities and Exchange Commission and Capitol Hill, a bunch of work anniversaries to note — and compliance professionals are trying to party in Boston and Philadelphia. Read…

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Podcast: Compliance and Overseas Expansion

Compliance

Today we have another Radical Compliance podcast, this time talking about the more mundane compliance challenges that companies face when expanding overseas. This is on my mind for a few reasons. First, the economy is going strong in both the United States and Europe, as well as many other regions of the world. So international…

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Microchip Meltdowns and Vendor Risk

cybersecurity

Last week I cited the rising importance of vendor risk management as one of the big compliance events to watch in 2018. One week into the year, we have a great example of just how slippery this challenge can be. The example comes from Meltdown and Spectre, security flaws announced last week that exist in…

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Party Alert! Boston Compliance Meetup

Boston

Calling all compliance, audit, and risk professionals around Boston: we’ll be hosting another after-work cocktail party on Tuesday, Feb. 6. All are welcome to attend, meet colleagues, and talk shop. A few compliance enthusiasts in town (me included) have been trying to hold these networking events every other month. Boston doesn’t have nearly as much…

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Compliance Jobs Report: Jan. 5

Compliance jobs

Lots of news in the Compliance Jobs Report this week, since so many people make personnel moves at the start of the year. We have a new CCO at the Port Authority of New York, other moves at Radius Health, Kingfisher, Dividend Finance and elsewhere; some new hires in advisory world; and three cool compliance…

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New PCAOB Leadership Comes Aboard

PCAOB

The leadership transition at the Public Company Accounting Oversight Board has begun. Its new chairman and one new board member were sworn in yesterday, and one of the new chairman’s first acts was to name a new chief of staff. William Duhnke was sworn in as chairman, Kathleen Hamm as board member. Duhnke then named…

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Eight Compliance Events to Watch in 2018

compliance

Welcome to 2018, everyone! Now that we’re done returning Christmas presents, watching college football, and prepaying this year’s property taxes, our thoughts turn to how the corporate compliance landscape might evolve in the coming year. Without further delay, then, my annual list of compliance issues that should be worth watching in 2018. In no particular…

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