For many compliance professionals, working with the board is a relatively new and stress-filled endeavor.
To learn how to make the most out of this very important relationship we turned to veteran compliance professional Marjorie Doyle, who has worked extensively with several companies and their boards on compliance issues.
Marjorie is an expert practitioner and leader in the field of ethics and compliance. She works with all organizational levels including Chief Ethics & Compliance Officers, CEOs, Boards of Directors, and any others responsible for the implementation of effective ethics and compliance programs. A member of the board of the Society of Corporate Compliance and Ethics and Health Care Compliance Association, Marjorie was EVP, Chief Ethics & Compliance Officer at Vetco International where she was responsible for a newly formed organization of compliance officers, directors, and specialists. She reported directly to the Compliance Committee of Vetco’s Board of Directors.
Before Vetco, Marjorie was the first Chief Ethics & Compliance Officer at Dupont, where she founded and led the Ethics & Compliance Central organization, the first dedicated team of compliance officers chartered with furthering the company’s global ethics and compliance objectives.
In this podcast, Marjorie addresses:
- The importance of demonstrating to the board that its responsibility for compliance oversight has changed and expanded
- The new DOJ evaluation questions and the importance of compliance expertise on the board
- Recording when the board discusses and reviews ethics and compliance issues
- What you need to tell the board and how to help them know what to ask
- Tying into the risk assessment
- The value of metrics and demonstrating effectiveness
- Showing the board how it can affect culture
- Pitfalls to avoid when working with the board