Sep. 23, 2009 (Business Wire) -- The Corporate Executive Board (NASDAQ: EXBD) today announced a strategic alliance with Corpedia, a global leader in compliance and ethics solutions and e-learning. The new alliance will bring the latest compliance and ethics tools and resources to members of the Compliance and Ethics Leadership Council (CELC) and the General Counsel Roundtable (GCR), programs of the Corporate Executive Board.
“Getting compliance and corporate ethics right has never been more important,” said Paul McNulty, former U.S. Deputy Attorney General, and partner at Baker & McKenzie. “By offering valuable insights and practical services, this innovative collaboration between the Corporate Executive Board and Corpedia will provide companies with an extraordinary resource for tackling the challenges of corporate compliance.”
“Now more than ever, companies are asking us for cost-effective resources to help them build and sustain effective compliance and ethics programs. Success is helping our member companies mitigate key risks and protect their reputations in a measurable way,” said Ronnie Kann, Managing Director, CELC. “CELC Advisory Services deepens the support we currently provide and will help general counsels and compliance and ethics officers succeed in this challenging environment.”
CELC Advisory Services will initially focus on three critical areas regularly scrutinized by regulatory and enforcement officials -- Federal Acquisition Regulation Compliance for U.S. Government Contractors, Code of Conduct and Foreign Corrupt Practices Act Compliance. The offerings include diagnostic benchmarking tools to help organizations identify where they are succeeding in these areas and where further improvements are needed. CELC Advisory Services also provides companies with actionable and measurable recommendations to help them allocate resources as effectively as possible.
“Creating, reviewing or completely overhauling any component of a corporate compliance program can be an arduous -- and daunting -- task,” said Stephen Martin, General Counsel of Corpedia and former US Federal Prosecutor and Chief Compliance Officer. “Our expert solutions identify what improvements are needed and provide recommendations on how to implement those improvements in a cost-effective way.”
Tim Erblich, Executive Vice President, Corpedia, added, “The Compliance and Ethics Leadership Council is an ideal partner for us. They are recognized thought leaders and serve the premier global network of compliance and ethics officers. This alliance brings the compliance and ethics profession an unmatched array of insight, practical tools and experience.”
As part of the alliance, CELC Advisory Services will include both free and premium services.
