For the 100th episode of The Ethics Experts, Nick and Gio Gallo had the honor of speaking with the exceptional Sherron Watkins. Ms. Watkins is the former Vice President of Enron Corporation who alerted then-CEO Ken Lay in August 2001 to accounting irregularities within the company, warning him that Enron “might implode in a wave of accounting scandals.” She has testified before Congressional Committees from the US House and Senate investigating Enron’s demise. From the scandals of 2001 came the Sarbanes-Oxley Act, perhaps one of the most pivotal pieces of legislation in the world of ethics and compliance.
Sherron and the Brothers Gallo speak about the role of whistleblowers and how the sort of retaliation and blackballing she faced after the Enron scandal is still happening to today’s whistleblowers. She talks about how internal audit needs to function and how whistleblowers are company loyalists.