Sample Merger Announcement: What is Changing in Human Resources, Finance and Procurement, Information Technology, and Legal
Human Resources
Code of Conduct
- The Acquirer US Code of Conduct describes expectations for legal and ethical business behavior for all Acquirer employees
- Acquirer Code of Conduct will be in place Day 1 for all Acquired Co. employees
- All employees should read, sign and return to manager within 30 days
- Direct questions to HR or IntegrationFAQ@Acquirer.com
Confidentiality & Inventions Letter (C&I)
- Allows an employee to acknowledge his/her understanding of obligations related to confidential information and inventions while working for Acquirer
- All employees should read, sign and return to manager within 30 days
- Direct questions to HR or IntegrationFAQ@Acquirer.com
Ethics Compliance Line
- Secure and confidential reporting of ethics violations or Code of Conduct breaches
- In place for all employees beginning Day 1
Hiring & Staffing
- No salaried hiring until Organizational Structure is complete (~90 days) without approval from VP of HR and business line vice president
Finance and Procurement
Financial Reporting
- Acquirer system will be implemented for month-end reporting
- New timelines for close reporting and operations reviews ...