Tag

Undisclosed Relationship

All articles tagged with #undisclosed relationship

business1 year ago•3 min saved

"RBC CFO Fired Over Undisclosed Relationship with Employee"

Royal Bank of Canada fired CFO Nadine Ahn and treasury executive Ken Mason after discovering their undisclosed relationship led to preferential treatment, including promotions and compensation increases. The bank is now searching for a permanent CFO while its senior vice president of finance and controller, Katherine Gibson, serves as interim CFO. Ahn, who had been seen as a potential successor to RBC CEO Dave McKay, may not receive severance due to being terminated for cause.

via Banking Dive|

#business #cfo #preferential-treatment

legal2 years ago•4 min saved

"Prominent US Bankruptcy Judge Under Investigation for Undisclosed Romantic Relationship"

Prominent bankruptcy judge David Jones has been recused from his cases and is now under investigation after it was revealed that he was in a romantic relationship with a bankruptcy attorney. The Fifth Circuit has opened an investigation, and the Office of the US Trustee has filed objections in a bankruptcy case involving Corizon, citing Jones' "admissions." Jones has voluntarily agreed to be removed from his cases pending the outcome of the investigation. The trustee's office has also raised concerns about Jones' role as a mediator and objections to the proposed settlement plan in the bankruptcy case.

via Business Insider|

#bankruptcy #corizon #investigation