News
Google Promises Compliance Overhaul
Google has agreed to spend $500 million over the next decade to overhaul its compliance operations, including a new board-level committee dedicated to regulatory compliance and multiple new compliance teams embedded across the 184,000-person enterprise. Google made that sweeping promise to settle a lawsuit from unhappy shareholders, who had sued the company for its numerous…
Read MoreCompliance Jobs Report: May 30
This week the Compliance Jobs Report has new hires at Takeda, Trupanion, IQVIA, University of Notre Dame, and lots more. We also have promotions at RTX, Shoprite, and elsewhere; a few compliance officer exits to note; and job leads in higher education, banking, and investment management. Plus our Meme of the Week. Always remember that…
Read MoreUh-Oh: AI’s New Whistleblower Impulses
Here’s a tough one for all you compliance professionals who like to think about artificial intelligence: how would you handle an AI agent in your enterprise that, all on its own, decides to report suspected misconduct directly to regulators? This is no longer a theoretical question; it’s a possibility embedded within Claude Opus 4, the…
Read MoreBanks Ask SEC to Scale Back Cyber Rule
The banking industry is asking the Securities and Exchange Commission to rescind its 2023 rules requiring companies to disclose more details about the cybersecurity incidents they suffer, presumably figuring that the Trump-tilted leaders of today’s SEC will be predisposed to agree. A collection of banking trade groups sent a letter to the SEC late last…
Read MoreBoeing Settlement Prepares for Landing
Last week we learned that federal prosecutors have reached an agreement not to prosecute Boeing for its many safety failures and corporate compliance missteps over the years — missteps that led to two plane crashes, 346 deaths, one airplane door blown out in mid-flight, and billions spent on legal fees, victim compensation, and compliance program…
Read MoreCompliance Jobs Report: May 23
Our Compliance Jobs Report for the Memorial Day Weekend includes a compliance officer driving off from Ferrari and another departure at Northern Trust; new hires at Jazz Pharmaceuticals, OSI Group, and RTÉ; a changing of the compliance guard at Toyota Motor North America, and lots more. Job leads are in elevators, water, and oil! Always…
Read MoreStrikes on PCAOB, State AI Laws Move Ahead
Update from Washington: those bills to abolish the Public Company Accounting Oversight Board and to bar states from adopting their own rules for artificial intelligence for 10 years both made it into the tax-and-spending legislation that House Republicans adopted Thursday night, bringing both measures another step closer to becoming law. The “big, beautiful bill,” which…
Read MoreAnother Refresher on Conflicts of Interest
Managing conflicts of interest is a big part of any corporate compliance officer’s job. Today we have a fascinating glimpse of how complicated that work can be, courtesy of the Wall Street Journal and its detailed account of how the now-former Kohl’s CEO Ashley Buchanan sent company business to his girlfriend. You probably remember the…
Read MoreWhen Trump Tells You to Eat It
Here’s a conundrum of corporate governance for you: What should you do when the president of the United States starts hectoring your company to keep its prices low, even at the expense of profit margins? This is not a hypothetical. It is yet another outburst from President Trump, who opened fire on Walmart this weekend…
Read MoreCompliance Jobs Report: May 16
Another big Compliance Jobs Report! We have a departure from CEVA Logistics, new hires at Eli Lilly, JLL, Avnet, Xylem, Rabobank, and many more; plus promotions to note at Alaska Air, Julius Baer, Macquarie, CNOOC, and elsewhere. Job leads are in pharmaceuticals, manufacturing, and more manufacturing; and Meme of the Week goes out to Justice…
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