Eric Young on the Evolution of the CCO

February 13, 2023 - Eric Young joins Tom Fox of the FCPA Compliance Report podcast to talk about the highlights of the Monaco Memo, updates on the Corporate Enforcement Policy, a case study from ABB to showcase the role of the CCO, and how firms should interpret Department of Justice speeches. He further dives into the corporate culture, accountability, and role of the CCO. Finally, Eric sheds light on a case from McDonald’s involving the former CEO and their decision to claw back compensation. The discussion concluded with the acknowledgment of the Delaware court’s holding that elevates the CCO’s corporate duties.