He was most recently the General Counsel at Drilling Controls, Inc., a worldwide oilfield manufacturing and service company. He was previously Division Counsel with Halliburton Energy Services, Inc. where he supported Halliburton’s software division and its downhole division, which included the logging, directional drilling and drill bit business units.
Tom attended undergraduate school at the University of Texas, graduate school at Michigan State University and law school at the University of Michigan.
Tom writes and speaks nationally and internationally on a wide variety of topics, ranging from FCPA compliance, indemnities and other forms of risk management for a worldwide energy practice, tax issues faced by multi-national US companies, insurance coverage issues and protection of trade secrets.
Thomas Fox can be contacted via email at firstname.lastname@example.org or through his website www.tfoxlaw.com.
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One of the latest scandals to hit the world of sports is performance enhancement in cyclocross. The medium in this case isn’t pharmaceutical in nature, but technological – a miniature motor designed to give the cyclist an artificial push. This instance of fraud is like any other: it didn’t happen in a vacuum, and there’s little chance of the deception being the work of a lone wolf.Read more →
Without a data analytics solution (or, harder to find, an invoice authority with an eidetic memory), your process for approving T&E expenses and other p-card charges could provide ample opportunity for improper payments to slip through the cracks. With one, however, compliance practitioners can easily detect and prevent this sort of corporate malfeasance.Read more →
There are myriad benefits for the compliance leader to getting out from behind the desk and into the field. It’s far simpler, for instance, to cultivate relationships across the company in person. Just as important is establishing trust throughout the organization in the compliance function. Good luck doing that by email or the occasional phone call.Read more →
2015 was a banner year for the compliance field -- or at least for the regulatory authorities. Major scandals brought FIFA much unwanted attention and sullied the previously bright and shiny Volkswagen brand. The DOJ announced with the Yates Memo a focus on investigating and prosecuting individuals, not just companies. And that's just the tip of the iceberg.Read more →
This week has been momentous for Star Wars fans. With the release of “The Force Awakens,” we remember everything we’ve loved about the timeless franchise. Tom Fox reminisces about the original trilogy (don’t worry, no spoilers from the new film here!) and its applications to compliance. So what can a compliance practitioner learn from Han Solo and Lando Calrissian?Read more →
John Jay, one of the lesser known founding fathers, served as the America’s first Chief Justice of the Supreme Court. He might have some excellent guidance to offer leaders in compliance. Few would argue the importance of ethical leadership, but what’s not as widely lauded is the idea that tone at the top is just as key as tone at the middle and at the bottom. Here are some other tips to keep in mind.Read more →
The DOJ has recently hired compliance counsel who will help the department determine which companies and individuals to prosecute, distinguishing between entities that are serious about compliance from those whose commitment exists only on paper. Assistant AG Caldwell has since remarked on the expectations of companies’ compliance programs. Take note!Read more →
Chief Compliance Officers need to be both leaders and managers. Long-term planning must be in the CCO’s wheelhouse, but a CCO is at his most effective when he’s an inspirational leader who’s also able to effectively manage the compliance process. Where do you stand? Do your staff look to your leadership and echo back what they see, acting with integrity and conviction?Read more →
For a CCO or compliance practitioner to do his job well, he’s got to have a clear picture of the risks at hand. This is especially critical when it comes to third party transactions. Armed with all the pertinent information at once, he can much more easily spot corruption risks, unusual payments, control violations and other red flags and exercise his expert judgment accordingly.Read more →
A wider network is valuable to compliance practitioners for a number of reasons. Broadening one's exposure to alternate viewpoints can be critical in improving the collective intelligence of your leaders. Preventing compliance from being viewed as "the land of no" necessarily means remaining open to different ideas. Compliance leaders, check your ego at the door.Read more →