Board members, business owners, employees, and even customers should all be interested in a company’s compliance policies and adherence to them. Why? Because there is much at stake.
Join us for this episode when we ask two compliance experts about the greatest challenges in creating a strong compliance program and establishing a corporate culture that supports it. We welcome Ivan Fong, Senior Vice President of Legal Affairs and General Counsel at 3M. In 2018, 3M was named to Forbes’ list of Most Reputable Companies, Ethisphere’s list of World’s Most Ethical Companies, and Glassdoor’s list of Best Places to Work, among other honors. We are also pleased to have Lori Martin, Partner at WilmerHale, join us. Lori has an extensive compliance practice, where she helps numerous clients audit and strengthen their current compliance programs.
Ivan Fong
Ivan Fong is Executive Vice President, General Counsel and Secretary of Medtronic and a member of the Medtronic Executive Committee. He leads the global legal, compliance and government affairs teams and serves as corporate secretary to the Medtronic Board of Directors.
Ivan brings extensive experience as a corporate general counsel and trusted advisor, partnering to provide strategic and practical solutions to support business growth and help mitigate enterprise risks. Recognized as one of “America’s 50 Outstanding General Counsel” and one of the “Twenty Most Influential General Counsel” by the National Law Journal, he has a track record of guiding CEOs, business leaders and boards through complex legal and policy issues; building and leading high-performing, high-trust teams; and driving inclusion, diversity, equity and accessibility.
Prior to joining Medtronic in February 2022, Ivan was Executive Vice President, Chief Legal and Policy Officer and Secretary of 3M. Under Ivan’s leadership, 3M’s legal department was named Best Legal Department / Legal Department of the Year by the American Lawyer. Prior to joining 3M in 2012, Ivan served as General Counsel of the U.S. Department of Homeland Security; Chief Legal Officer and Secretary of Cardinal Health; Senior Vice President and General Counsel of GE Vendor Financial Services; and Senior Counsel, E-Commerce and IT of General Electric. Ivan was also previously Deputy Associate Attorney General at the U.S. Department of Justice and a partner with the law firm of Covington & Burling LLP. He began his legal career as a law clerk to Judge Abner J. Mikva of the U.S. Court of Appeals for the D.C. Circuit and Justice Sandra Day O'Connor of the U.S. Supreme Court.
Ivan is a member of the board of directors of Cboe Global Markets, a leading provider of global market infrastructure and trading solutions and products. He also serves on the Council of the American Law Institute and on the boards of Equal Justice Works, a national nonprofit that launches recent law school graduates in public interest careers, and Minnesota Public Radio | American Public Media Group.
Ivan received his bachelor’s and master’s degrees in chemical engineering and chemical engineering practice from the Massachusetts Institute of Technology; his J.D. with distinction from Stanford Law School, where he was president of the Stanford Law Review; and a Bachelor of Civil Law degree from the University of Oxford, where he was a Fulbright Scholar.
Lori Martin
Lori Martin is a partner in the New York office of WilmerHale. Lori is an experienced litigation and enforcement attorney whose practice focuses on litigation and regulatory proceedings involving investment advisers, open and closed-end investment companies, hedge funds, and broker dealers offering investment advisory services.
She was selected as the “Mutual Funds Law Lawyer of the Year” in the New York area by the Best Lawyers in America® 2014. In various editions of Chambers USA, clients praise her as a “very smart and knowledgeable” and “incredibly hard-working and smart” practitioner, “an excellent negotiator” and “a practical and intelligent adviser,” and she is “held in high regard for her expertise in handling complex securities litigation related to mutual funds.” The Legal 500 United States describes her as “an unparalleled star, being very smart, conscientious and experienced with both commercial and regulatory litigation.” Lori is a frequent participant in industry conferences regarding the investment advisory industry and complex litigation. She has authored numerous publications on securities litigation. She is a member of the following committees and bar associations, The American Law Institute Council; Investment Management Regulation Committee, Association of the Bar of the City of New York; Investment Companies and Investment Advisers Subcommittee of the Committee on Federal Regulation of Securities, Business Law Section, American Bar Association; and Hedge Funds Subcommittee of the Committee on Federal Regulation of Securities, Business Law Section, American Bar Association.
Ivan mentioned the following book in this podcast episode:
He recommends the following additional books on the general topic of building a compliance culture:
For a transcript of the full episode, please contact communications@ali.org.
