The Justice Department ended its FCPA enforcement drought by announcing its first corporate settlement in 2022. In a parallel action, the SEC announced its settlement with Stericycle for $28 million for FCPA violations. The SEC’s settlement was second with a company for 2022 (the first was KT Corp.).Under the settlement, Stericycle resolved investigations being conducted by the Department of Justice, the Securities and Exchange Commission, and Brazil. Stericycle agreed to enter into a three-year deferred prosecution agreement and pay more than $84 million. Stericycle will pay $52.5 million in criminal penalties, $28 million to the SEC in civil penalties and disgorgement, and approximately $9.3 million to Brazilian authorities. DOJ agreed to credit up to one-third of the criminal penalty against the company’s fines to Brazilian authorities. Significantly, the DPA requires Stericycle to obtain an independent compliance monitor for a two-year period and then submit a self-report for the rest of the DPA term. Stericycle is a global waste management company which is headquartered in Illinois. In its factual admission, Stericycle admitted a wide-ranging scheme involving the payment of bribes to foreign officials in Brazil, Mexico, and Argentina. In total, Stericycle paid approximately $10.5 million in bribes to foreign officials in Brazil, Mexico, and Argentina to secure business contracts from which Stericycle profited by at least $21.5 million.
In this episode, Michael Volkov reviews the Stericycle FCPA enforcement action.
Day: May 13, 2022
In this episode of the Compliance Week 2022 Preview Podcasts series, Charles will discuss some of his presentation at Compliance Week 2022 “The Current State of Compliance and What’s in Store for the Future”. Some of the issues he will discuss in this podcast and his presentation are:
- The current state of the industry, impacts of COVID-19, and examine the road ahead;
- Steps compliance professionals can take collectively to protect and advance the profession moving forward; and
- Reflections on emerging topics that are top of mind for compliance officers and how leaders are forging ahead.
In this first full compliance conference in over 2 years, I hope you can join me at Compliance Week 2022. This year’s event will be May 16-18 at the JW Marriott in Washington DC. The line-up of this year’s event is simply first rate with some of the top ethics and compliance practitioners around.
Gain insights and make connections at the industry’s premier cross-industry national compliance event offering knowledge-packed, accredited sessions and take-home advice from the most influential leaders in the compliance community. Back for its 17th year, compliance, ethics, legal, and audit professionals will gather safely face-to-face to benchmark best practices and gain the latest tactics and strategies to enhance their compliance programs. and many others to:
- Network with your peers, including C-suite executives, legal professionals, HR leaders and ethics and compliance visionaries.
- Hear from 75+ respected cross-industry practitioners who are CEOs, CCOs, regulators, federal officials, and practitioners to help inform and shape the strategic direction of your enterprise risk management program.
- Hear directly from the two SEC Commissioners and gain insights into the agency’s areas of enforcement and walk away with guidance on how to remain compliant within emerging areas such as ESG disclosure, third-party risk management, cybersecurity, cryptocurrency and more.
- Bring actionable takeaways back to your program from various session types including ESG, Human Trafficking, Board obligations and many others for you to listen, learn and share.
- The goal of Compliance Week is to arm you with information, strategy and tactics to transform your organization and your career by connecting ethics to business performance through process augmentation and data visualization.
I hope you can join me at the event. For information on the event, click here. As an extra benefit to listeners of this podcast, Compliance Week is offering a $200 discount off the registration price. Enter discount code discount code TFLAW $200 OFF.
Richard Lummis and Tom Fox begin a series on leadership lessons from Theodore Roosevelt. We will look at lessons from Roosevelt’s early years in New York up to his cowboying days in Montana; the second phase of his public career, from NYC Police Commission to Assistant Secretary of the Navy, San Juan Hill and the Vice Presidency; his leadership from his Presidency; his life in the post-Presidency and the election of 1912 and we will end with leadership lessons from his post Bull Moose Party life, World War I and event surrounding his death. In this first episode, we consider the leadership lessons learned by Roosevelt from his parents, his sickly childhood, initial forays into public life, widowhood and cowboying in Montana.
Highlights of this podcast include:
Roosevelt’s parents, his upbringing, education and early book publishing. Roosevelt’s widowhood in his early 20s and his election to the New York State Assembly. From the Presidential election of 1884, up to his cowboying in Dakota. We conclude with three key leadership lessons, including 1. The beginning of his lifelong learning; 2. How he came to view merit, not privilege as the key to advancement, and 3. How hard work is required to be a great leader.
Resources
Doris Kearns Goodwin’s 10 Leadership Lessons from the White House
6 Leadership Hacks From The Rise of Theodore Roosevelt
10 top Leadership Principles of Teddy Roosevelt
The Roosevelts: Eight presidential lessons in leadership
Lessons in Leadership from 100 years ago
Theodore Roosevelt on Leadership
10 Theodore Roosevelt Leadership Lessons
Do you manage or supervise employees who work remotely, or does your supervisor work remotely? If you answer ‘yes’ to either of those questions — this episode is for you!
In this episode, you’ll hear a clip of a virtual keynote I gave recently in which I am quickly teaching four practical strategies for authentically connecting with remote employees. After all, for some people, connecting with other humans through a computer screen can be difficult. These four steps offer you great ways to move forward to accomplish team success! Enjoy!
Have a leadership question? Send your questions to hello@vanhooser.com and I’ll be sure to answer them on future podcast episodes.
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If you’re looking for tangible action steps and refreshing insights to help ignite the power of your own leadership journey, sign up for my weekly leadership blog HERE.
If your business would benefit from higher-performing leaders, check out more information about the comprehensive leadership development training I do HERE.
If you want to reach out to me directly, email alyson@vanhooser.com.
If you enjoyed this episode, will you please subscribe and leave a review? Your reviews help this show get discovered by more incredible leaders just like you. I’m obsessed with helping leaders ignite their performance results and I’d love to have you help me make an impact! Thank you so much!
P.S. Share and tag me on social — @AlysonVanHooser — and I’ll share your comments and big takeaways on my feed!
Recently multiple podcasts on the Compliance Podcast Network have been selected by the Academy of Interactive and Visual Arts to be recognized as a Communicator Award winners for podcast excellence.
Hidden Traffic, hosted by Gwen Hassan was awarded a 2022 Communicator Awards Excellence for Individual Episodes, in the podcast category of Business. Gwen Hassan has developed a passion for exposing human trafficking within supply chains. Her podcast, Hidden Traffic educates, enlightens, and equips the compliance professional to understand what human trafficking is, the risks your organization will face, where it happens, and what you can do to combat it. For a taste of this podcast, check out Episode 1, where Gwen talks about her passion for this topic.
Classroom Insider, hosted by Karen Woody was honored with a 2022 Communicator Awards Distinction for Individual Episodes, in the Crime & Justice for Podcasts category. In this podcast series, Washington & Lee Professor Karen Woody and her Insider Trading Seminar students from Washington and Lee University explored the arc and evolution of insider trading over the last century. Each episode will feature a discussion between Karen Woody and a student about insider trading. For a taste of the podcast, check out this episode “How Justice Powell Weakened the SEC’s Control” where Karen hosted Lidia Kurganova.
Presidential Leadership Lessons for the Business Executive, a podcast co-hosted by myself and Richard Lummis, was awarded the 2022 Communicator Awards Excellence for Individual Episodes, in the podcast category for Business. In this podcast, Tom and Richard look at what lessons can the modern-day business leader learn from our 46 Chiefs of State. We delve into the great and not so great Presidents to mine their successes and failure for today’s business executive. For a taste of the podcast, check out their 4-part serieson leadership lessons from George Washington.
Understanding Lyme Disease was honored in two categories. In this first, the podcast, hosted by Tom Fox and featuring as guests Dr. Ben Locwin and Scott Endicott, was honored with the 2022 Communicator Awards Distinction for Individual Episodes, in this category of Science & Medicine for Podcasts. The second award was in the category of Features for Storytelling. This 5-part special podcast series dealt with those who have been, had a loved one or friend afflicted with Lyme Disease. Endicott is a Lyme Disease sufferer. There are many different ways to go about diagnosing and treating Lyme incorrectly, and very few ways to do it right. In this special podcast series, we uncovered the shortcomings in the current standards and practices and opened up a dialog about how we can better help patients with this disease. You can check out the entire 5-part series here. If you or a loved one have suffered from this disease, you should check out this award-winning podcast series.
My signature podcast, the FCPA Compliance Report was honored with the 2022 Communicator Awards Distinction for Individual Episodes-Professional Services for Podcasts. The FCPA Compliance Report is the longest running podcast in the in compliance and business ethics arena. Hosted by myself, the Voice of Compliance I visit with top compliance practitioners, key figures from business, the government and law firms in the top podcast dedicated to all things compliance. For a great taste of this podcast check out my two-part series with Dan Kahn and Matt Galvan on dealing with the DOJ. Part 1 and Part 2.
The Compliance Life was honored with the 2022 Communicator Awards Distinction for Individual Episodes for Business. The Compliance Life details the journey to and in the role of a Chief Compliance Officer. How does one come to sit in the CCO chair? What are some of the skills a CCO needs to success navigate the compliance waters in any company? What are some of the top challenges CCOs have faced and how did they meet them? These questions and many others will be explored in this podcast series. Each month I host one person how has traveled to and sometimes from the CCO chair through four episodes. Check out this month’s guest Mark Beyer who has one of the most non-traditional journeys around.
I had two passion projects honored as well.
The first was a 5-part podcast series on the Enron Trial of Ken Lay and Jeff Skilling. It was awarded a 2022 Communicator Awards Distinction, for Individual Episodes, in the podcast category of Business. 2021 was the 15th anniversary of the business Trial of the Century. In this series, with my co-host Loren Steffy, who covered the trial gavel to gavel, we explored this portion of the Enron Saga. The Enron trial had everything; massive egos, bigger than life lawyers and a massive fraud. Loren and myself provided our reflections and insights on the first Trial of the Century for the 21st Century and how it still resonates today. Check out the full 5-part Trial of the Century, the Enron Trial here.
The second award was for a passion podcast, The Hill Country Podcast which also received two awards. The first was a 2022 Communicator Awards Distinction for Individual Episodes, in the category of Society & Culture. The second was a 2022 Communicator Awards Distinction in the category of Individual Episodes for Lifestyle. I moved to the Texas Hill Country last year as I have always thought it is one of the most beautiful places on earth. In this podcast, I visit with the people and organizations that make this the most unique areas of Texas. Join me as I explore the people, places and their activities of the Texas Hill Country. For a great introductory episode into the Hill Country Podcast, check out Episode 22 with the Cookie Lady, Julia Cardioshinsky about her journey from baking cookies to get through the grief of losing her father to opening her own bakery during the pandemic, all underlaid with her faith.
I would love to host you and your podcast on the Compliance Podcast Network. It is the only podcast network dedicated to compliance but as you can see by many of these award-winning podcasts we are not limited strictly to compliance. In fact the only thing we are limited by is our collective imaginations. So do you have an idea for a podcast? (Like Karen Woody) Do you have a passion you want to discuss? (Like Gwen Hassan) Then give me a call or shoot me an email.
