Ben Maiden and Ben Ashwell

  • Regulatory & Compliance

    The week in GRC: Judge blocks FTC non-compete rule and Democrats to continue push for AI legislation

    This week’s governance, compliance and risk-management stories from around the web – CNBC reported that activist investor Carl Icahn and his company agreed to pay $2 mn to settle SEC allegations that he failed to disclose billions of dollars’ worth of personal margin loans pledged against the value of his Icahn Enterprises stock. Icahn and the publicly traded company that bears his name settled without admitting or denying wrongdoing, agreeing to pay $500,000 and $1.5 mn, respectively, in fines. The SEC said Icahn pledged between 51 percent and 82 percent of Icahn Enterprises’ shares outstanding to secure billions of dollars…

  • People

    Vanguard hires KPMG general counsel

    Tonya Robinson was previously acting general counsel of the US Department of Housing and Urban Development Vanguard has hired Tonya Robinson as general counsel and managing director of its legal division. Robinson, who will join Vanguard in October, will be responsible for all legal and compliance activities, public policy and investment stewardship. She will also be secretary of the Vanguard board and Vanguard funds. Robinson is joining the firm from KPMG, where she has been vice chair and general counsel for legal, regulatory and compliance since 2017. Before moving to KPMG, Robinson was acting general counsel of the US Department…

  • People

    Rolls-Royce names general counsel for North America

    Kimberly Hicks to also lead company’s worldwide defense general counsel team Rolls-Royce has promoted Kimberly Hicks to become general counsel for defense and Rolls-Royce North America (RRNA). Hicks, who is based in Washington, DC, now leads the company’s global defense general counsel team and oversees other general counsel team members located in the US. She also joins the RRNA board, which is accountable for oversight of Rolls-Royce’s special security agreement with the US Department of Defense. Hicks has been interim general counsel for defense and RRNA since January 2024. Before joining Rolls-Royce in 2022 as assistant general counsel, she led…

  • Boardroom

    The week in GRC: NBIM says boards need more AI competence and Elliott plans proxy fight at Southwest Airlines

    This week’s governance, compliance and risk-management stories from around the web – The Wall Street Journal (paywall) reported that Starbucks appointed Chipotle Mexican Grill CEO Brian Niccol as its next leader. The company said Niccol would start as CEO and executive chair of its board on September 9. Current Starbucks chief Laxman Narasimhan has stepped down as CEO and board director after roughly 16 months on the job. Mellody Hobson, Starbucks’s executive chair since 2021, said the company started discussing a leadership change roughly two months ago and contacted Niccol. Hobson, who will become lead independent director, said the decision…

  • People

    Target hires new legal chief

    Amy Tu was most recently chief administrative officer at Tyson Foods Target Corporation has recruited Amy Tu as chief legal and compliance officer and corporate secretary, effective August 25. She succeeds Don Liu, who had announced his upcoming retirement and will move into a strategic advisory role. Tu is joining Target having most recently been group president for international markets and chief administrative officer at Tyson Foods. She began work at Tyson in 2017 as executive vice president, general counsel and corporate secretary before becoming chief legal officer, secretary and head of global governance and corporate affairs. According to her…

  • People

    AMC Networks’ veteran general counsel to retire

    Jamie Gallagher has spent 16 years with the company behind shows such as The Walking Dead Jamie Gallagher, veteran general counsel and executive vice president at AMC Networks, will retire at the end of the year. The company has launched a search for a successor. Gallagher joined AMC Networks in 2008 having previously been executive vice president and general counsel for Tommy Hilfiger Corporation. Before that he spent six years at HSN, formerly known as Home Shopping Network, as executive vice president and general counsel. Earlier in his career he was group counsel at American Express Travel Related Services. Before…

  • Shareholders & Activism

    The week in GRC: Starboard Value engages with Autodesk board and companies try to keep politics out of the workplace

    This week’s governance, compliance and risk-management stories from around the web – Reuters (paywall) reported that Logitech International co-founder Daniel Borel called for shareholders at the Swiss-American company to find a new board chair this year to replace Wendy Becker, who recently announced she would not stand for re-election in 2025. In an open letter, Borel said shareholders should not wait until next year to install a new chair on the board. He has proposed board member Guy Gecht be chosen at the firm’s AGM, tentatively scheduled for September 4. Logitech did not immediately reply to a Reuters request for…

  • People

    Kraft Heinz legal chief to join Estée Lauder

    Rashida La Lande had been with the food company since 2018 Rashida La Lande will join The Estée Lauder Companies as executive vice president and general counsel, effective August 19. She will report to William Lauder, executive chair, and Fabrizio Freda, president and CEO. La Lande was previously chief legal and corporate affairs officer at The Kraft Heinz Company. Her decision to step down from the company was announced on Monday in an SEC filing. She joined Kraft Heinz as senior vice president, global general counsel and corporate secretary in January 2018. She was senior vice president, global general counsel…

  • Regulatory & Compliance

    The week in GRC: DoJ launches whistleblower pilot program and shareholders sue CrowdStrike after outage

    This week’s governance, compliance and risk-management stories from around the web – Reuters (paywall) reported that President Joe Biden proposed sweeping changes to the US Supreme Court, including term limits and a binding code of conduct, but a divided Congress means the proposals have little chance of becoming law. Biden called on Congress to pass binding, enforceable rules that require the justices to disclose gifts, refrain from public political activity and recuse themselves from cases in which they or their spouses have financial or other conflicts of interest. He also urged the adoption of an 18-year term limit for the…

  • People

    Fox News Media hires new general counsel

    Katherine Moran Meeks was previously a partner at Gibson Dunn & Crutcher Fox News Media, which is owned by Fox Corporation, has hired Katherine Moran Meeks as general counsel, effective August 19. She will report to CEO Suzanne Scott. Meeks is joining the company from Gibson Dunn & Crutcher, where she has been a partner in the law firm’s Washington, DC office practicing in the litigation department in addition to the appellate and constitutional law and labor & employment groups. Meeks has represented journalists and media companies in libel and other speech-based tort cases. She has litigated appeals in state…

WordPress website theme by whoisAndyWhite