Clifford Chance new leadership sees both finance and capital markets heads replaced

Clifford Chance managing partner Matthew Layton has appointed a new-look executive leadership group to replace its management committee following a dramatic overhaul earlier this month.

The firm rewrote its constitution after a vote last week to replace its practice group and regional heads by appointment rather than via elections. Clifford Chance also voted to establish a new slimmed-down leadership committee with global business units instead of practice areas (25 July 2014).

All of the leadership roles on the committee were potentially up for renewal as part of the process regardless of the stage of their term (24 July 2014).

Current finance head Mark Campbell will now step down five months early to be replaced by finance partner Robert Lee. Lee takes up the new role as head of a global financial markets unit. He will also be the first-ever appointed finance head.

Lee has spent the past four years as co-head of Clifford Chance’s London finance practice along with banking partner Michael Bates following a 2010 election (26 March 2010). 

Capital markets head David Dunnigan, who previously sat on the committee is also stepping down five months early and will be replaced by new capital markets head Adrian Cartwright.

As a practice group leader, Cartwright will not have a seat on the committee. Global real estate head Alfonso Benavides and tax, pensions and employment head Chris Davies will also step down from the group.

Germany head Andreas Dietzel will end his term one month early and will be replaced by new appointed Germany managing partner Peter Dieners.

The firm has also created a new Continental Europe role for the group, with Paris head and one-time firm-wide managing partner contender Yves Wehrli in that role (18 March 2013).

It leaves the new group with 11 roles split among the three new global business units (GBUs), four regional managing partner spots and five executive positions as well as the managing partner.

The other two GBUs consist of a global M&A and corporate transactions/advisory group and a risk management and disputes group. New global corporate head Guy Norman will sit at the top of the M&A group.

Current head of litigation Jeremy Sandelson will take up the reins as head of the new global risk management, litigation and dispute resolution team. He was re-elected to his role in October 2013 and sat on the management

Current Asia Pacific head Peter Charlton will continue in his role on the group as well as Americas head Evan Cohen. Wehrli also sat on the committee previously having been elected in 2010.

Layton took up his role on 1 May 2014 (27 November 2013).

Executive leadership group

Managing partner

Matthew Layton

Global business unit leaders:

Global financial markets 

Robert Lee 

Global M&A and corporate transactions/advisory

Guy Norman

Global risk management, litigation and dispute resolution

Jeremy Sandelson

Regional Managing Partners:

Americas

Evan Cohen

Asia Pacific 

Peter Charlton

Continental Europe 

Yves Wehrli 

Germany  

Peter Dieners

Executive positions:

Executive partner and general counsel

Chris Perrin

Global head of people and talent

Laura King

Chief financial officer

Stephen Purse

Chief operating officer

Amanda Burton

 

Former management committee

Matthew Layton – Managing partner 

Alfonso Benavides – Global head of real estate

David Bickerton – London and Middle East regional managing partner

Mark Campbell – Global head of banking and finance

Peter Charlton – Regional managing partner, Asia Pacific

Evan Cohen – Regional managing partner, the Americas

Andreas Dietzel – Regional managing partner, Germany

David Dunnigan – Global head of capital markets

Chris Davies – Global head of tax, pensions and employment

Guy Norman – Global head of corporate

Jeremy Sandelson – Global head of dispute resolution

Yves Wehrli – Representative for continental Europe

Stephen Purse – Chief finance officer 

Amanda Burton – Chief operating officer

Chris Perrin – Executive partner/ general counsel