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Editors

Harry Cassin
Publisher and Editor

Andy Spalding
Senior Editor

Jessica Tillipman
Senior Editor

Bill Steinman
Senior Editor

Richard L. Cassin
Editor at Large

Elizabeth K. Spahn
Editor Emeritus

Cody Worthington
Contributing Editor

Julie DiMauro
Contributing Editor

Thomas Fox
Contributing Editor

Marc Alain Bohn
Contributing Editor

Bill Waite
Contributing Editor

Russell A. Stamets
Contributing Editor

Richard Bistrong
Contributing Editor

Eric Carlson
Contributing Editor

Posts Tagged: Embraer

Embraer pays $205 million to settle FCPA charges

Brazilian aircraft manufacturer Embraer SA is paying more than $205 million to the DOJ and SEC to resolve violations of the Foreign Corrupt Practices Act.

Embraer bribed officials in the Dominican Republic, Saudi Arabia, and Mozambique.… Continue Reading

Embraer reserves $200 million for possible FCPA settlement

Brazilian aircraft manufacturer Embraer SA said Friday it booked a $200 million loss contingency in connection with “allegations of non-compliance with the U.S. Foreign Corrupt Practices Act.”

The reserve for a possible settlement of an FCPA enforcement action caused the world’s third largest commercial aircraft manufacturer to report a surprise quarterly net loss of about $102 million.… Continue Reading

Embraer CEO departs amid graft probe

Brazilian aircraft maker Embraer SA said in an SEC filing Friday that Frederico Curado will step down as chief executive officer after leading the company for nine years.

Paulo Cesar de Souza e Silva, currently chief of Embraer’s commercial aviation business, will take over next month from the 55-year-old Curado, the company said.… Continue Reading

Embraer updates FCPA disclosure

Brazilian aircraft maker Embraer SA said last week its four-year FCPA investigation is still ongoing and the company can’t predict the outcome.

The investigation first focused on three unnamed countries but later expanded.… Continue Reading

Embraer expands investigation

he world’s third largest commercial aircraft manufacturer said its FCPA investigation has expanded to two more countries.

In 2010, Brazil-based Embraer S.A. disclosed an investigation focused on three countries.

Last week, Embraer said the investigation is still in its early stages and it’s too early for the company to know or talk about what might happen.… Continue Reading