Multiple general counsel (GCs) have stepped down from their posts this week, including the legal heads of FTSE 100 mining company Rio Tinto, fintech company Transferwise and online retailer ASOS.
Rio Tinto said on Monday (1 July) Philip Richards will retire as group GC of the global mining giant at the end of December after two years in the role. He will be replaced by Barbara Levi, who is group legal head of M&A and strategic transactions at Swiss pharmaceutical company Novartis, from 1 January 2020. Continue reading “In-house: Rio Tinto GC to retire as Transferwise and ASOS legal heads depart”
The long-serving EMEA general counsel (GC) at the Bank of America Merrill Lynch (BAML) has stepped down after 14 years to join Big Four accounting firm EY.
Sajid Hussein, a GC Powerlist regular, will join EY as a partner and GC for Europe, the Middle East, India, Africa (EMEIA) from 1 July. Continue reading “Time for a change: well-regarded BAML European legal chief departs for EY”
‘People are so scared to talk about race in the UK,’ Linklaters senior partner Charlie Jacobs says. ‘They think it’s a landmine they’re going to walk straight into, so they’d rather avoid it entirely.’
A landmine – easy to lay but hard to get rid of – which has seen Big Law for years avoid a substantive discussion around ethnic diversity. Gender is already an uncomfortable topic for the industry, yet not so uncomfortable that it has obscured increasingly intense scrutiny of the profession’s poor record promoting female partners. In contrast, ethnic diversity at the upper reaches of commercial law is rarely addressed head-on, being submerged in the wider ‘D&I’ discussion. Continue reading “Ticking boxes – Is City law going beyond the platitudes on ethnic diversity?”
Social media giant Facebook has recruited Jennifer Newstead (pictured), a legal adviser to the US State Department, as its new general counsel (GC) after incumbent GC Colin Stretch announced his intention to leave last July.
Newstead was appointed a legal adviser to the State Department by President Donald Trump, with her new role likely to be just as challenging as Facebook faces increasing criticism for how it handles its data across its vast social network. Continue reading “In-house: Facebook appoints US State Department adviser as new GC”