Navigating Corporate Scandals: Insights on Governance, Compliance, and Recovery with Steve Vincze

04/08/2025 37 min Episodio 769
Navigating Corporate Scandals: Insights on Governance, Compliance, and Recovery with Steve Vincze

Listen "Navigating Corporate Scandals: Insights on Governance, Compliance, and Recovery with Steve Vincze"

Episode Synopsis

Welcome to the award-winning FCPA Compliance Report, the longest-running podcast in compliance. In this episode, Tom welcomes Steve Vincze back to discuss the recent corporate scandal involving executives from Astronomer.

Tom and Steve take a deep dive into governance, compliance, and internal controls, drawing parallels with historical cases like Boeing’s 2003 CEO scandal. Vincze shares five critical success factors and three essential elements for establishing an effective ethics and compliance program, emphasizing the importance of transparency, strong leadership, and re-establishing trust. He also discusses how military leadership and open communication can help rebuild a company’s culture post-scandal. The episode closes with practical advice for companies facing similar challenges and how they can recover and thrive.

Key highlights:


The Viral Incident and Its Implications

Corporate Recovery Strategies

Five Critical Success Factors

Establishing Trust and Credibility

Military Insights on Leadership

Addressing Scandals and Rebranding


Resources:

Steve Vincze on LinkedIn

Trestle Compliance

Tom Fox

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For more information on the use of AI in Compliance programs, Tom Fox’s new book is Upping Your Game. You can purchase a copy of the book on Amazon.com
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