Talia Samuelson
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New chief legal officer joins Aura
The company also appointed a new chief people officer Aura has named William Lundregan as its new chief legal officer, alongside appointing Jeff Belanger as the new chief people officer. Lundregan joins Aura from Finalsite, a SaaS provider in education, where he was general counsel and chief legal officer. He takes over the role from Damien Atkins, who departed in October. Aura founder and chief executive Hari Ravichandran says in a press release: ‘Bill’s track record in managing large, complex transactions and navigating global regulatory matters, combined with Jeff’s proven ability to scale high-performing teams and organizational effectiveness, will be…
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This week in GRC: The industry pays its respects to Bob Monks
This week’s governance, compliance and risk-management stories from around the web –Tributes have been made across the industry to Bob Monks, a pioneer in shareholder activism, who passed away April 29 in his Cape Elizabeth home. In 1985 he founded proxy advisory and governance consulting firm Institutional Shareholder Services (ISS), a name that is familiar to all of our readers. He also helped create Lens, an activist investment fund, and GMI Ratings, a scrutineer of corporate behavior. In a statement, ISS said: ‘While his contributions to the field are indelible and lasting, his vibrant personality and discerning intellect will be…
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Bristol Myers Squibb appoints new general counsel
Sandy Leung is retiring from the position after 33 years Daniel J Eastman has been named as the new general counsel of Mike Lindell Media Corporation (MLMC). Mike Lindell is more commonly known as the ‘My Pillow Guy’ and as an avid supporter of Donald Trump. He reportedly helped to finance Trump’s efforts to overturn the results of the 2020 US election. Lindell unsuccessfully ran for chair of the republican national committee in 2023 and was banned from X (formerly known as Twitter) in 2021 for spreading election misinformation. MLMC, which is listed on the OTC Markets exchange, is a…
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Trump’s Lindell appoints new general counsel
His media corporation has turned to an old ally Cari Almo Gallman will take up the reins at Bristol Myers Squibb (BMS) as its new general counsel, chief policy officer and executive vice president. Gallman has been promoted from within, after serving with BMS for ten years first as senior counsel, and then as assistant general counsel, vice president, senior vice president, chief compliance and ethics officer and most recently as executive vice president of corporate affairs. She began her legal career as a litigation associate at Debevoise and Plimpton. She holds a law degree from Harvard university. Gallman succeeds…
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The week in GRC: US House holds off from stripping FTC of antitrust mandate
This week’s governance, compliance and risk-management stories from around the web – The listing of Brazilian meat packing company JBS on the New York Stock Exchange has put it in the firing line of animal rights groups, Reuters reported (paywall). Various groups condemned the move publicly and criticized the SEC, citing JBS’ deforestation in the Amazon and several criminal investigations into the firm’s activities. In recent years JBS has been implicated in a corruption scandal in Brazil and was fined heavily over charges bribery relating to its 2009 acquisition of US meat company Pilgrim’s Pride. – Shein is considering ways…
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ISS reports decrease in executive pay rises
Market turbulence could be beginning to show up at the top Chief executives of large-cap companies saw a median pay increase of 7.5 percent between 2024 and 2025 despite ‘market turbulence’, according to the latest data from ISS-Corporate. The firm, which provides data and analytics to corporations, scrutinized the salaries of CEOs at 320 S&P 500 companies. Salary growth is down slightly from the year before, when it grew 9.2 percent. Like years prior, the increase in compensation was largely due to increases in stocks and options. The median base salary increase was 2.7 percent (or $1.3 mn), but the…
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RGA appoints new corporate secretary
The global life and health reinsurer has tapped My Chi To for the role My Chi To will join the Reinsurance Group of America (RGA) as its executive vice president, chief legal officer and corporate secretary, the company announced. To will begin her tenure on May 19 and replaces the outgoing Bill Hutton, who is retiring. She will depart Voya Financial, where she has been the executive vice president and chief legal officer since September 2022. To also spent two years at the New York State Department of Financial Services as the executive deputy superintendent of insurance. Prior to that,…
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iHeartMedia appoints new chief legal officer
David Hillman will join the company from defunct Venu Sports David Hillman has been named executive vice president, chief legal officer and secretary of iHeartMedia. Hillman will now look after the radio and podcast conglomerate’s business and government affairs and privacy teams. He will also head up regulatory and corporate governance matters. Most recently Hillman was chief legal officer of Venu Sports, a joint venture between Disney, Fox and Warner Brothers that never made it to air after a court injunction from rival Fubo. He also served as general counsel of CBS News and CBS Sports for Paramount Global for…
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The week in GRC: SEC loses more staff and HSBC may take AGM online
-Anonymous sources with the SEC have told Reuters (paywall) that the organization haslost 16 percent of its employees in the past 12 months. Some of those in the count include the 600 employees who accepted US President Donald Trump’s offer toretire early back in February. Kenneth Johnson, SEC chief operating officer, allegedly cited the 16 percent figure in aninternal email to staff this week. An additional 150 contractors have also been cut, leaving the organization withoutexpertise in certain areas. -HSBC is considering throwing in the towel on in-person AGMs, according to FinancialTimes’sources (paywall). The bank has asked those involved to…
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Fund managers lose faith in US market
Bank of American survey revealed uncertainty in wake of Trump’s decisions Bank of America’s April survey of fund managers painted a bleak picture for the US and world markets, with a record high of 82 percent of respondentsexpecting the global economy to weaken. The bank surveyed 164 people with $386 bn in managed assets the week of April 4, just after Trump announced his so-called ‘Liberation Day’ tariffs on April 2. Those surveyed were a net 17 percent overweight on US stocks in February, but fast forward two months to April and they are36 percent underweight – the biggest drop…