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Morrison & Foerster (MoFo) has appointed longstanding bankruptcy partner Larren Nashelsky as its elected chair
He will succeed incumbent Keith Wetmore, who has been in the role since 2000, when Wetmore completes his fourth three-year term in October.
Wetmore was inaugurated as chair on 1 November 2000 (6 November 2000). Throughout his 12-year tenure, Wetmore has steered MoFo through a period of strong growth that saw the firm double its revenue and triple its net income (21 June 2010).
As the first openly gay head of a law firm, Wetmore has been a champion of gay rights and a strong advocate for law firms carrying out pro-bono work for gay issues. Under his leadership the firm was named one of the most gay-friendly places to work by US magazine The Advocate (13 October 2003).
Wetmore joined MoFo’s San Francisco office as a corporate finance associate in 1982 and was made up to partner in 1986. He was subsequently appointed head of the firm’s finance and infrastructure practice and managing partner of the San Francisco office. He served as chair for six years in the San Francisco office before relocating to New York in 2006. After he steps down in October he will take on a new role of chair emeritus.
“It’s been the greatest privilege of my life to serve the firm as chair for the past 12 years,” commented Wetmore. “The firm has never been stronger and will continue to thrive under Larren’s leadership. I’ll do everything I can to assure a smooth transition and to contribute to the ongoing success of MoFo.”
Nashelsky, who joined MoFo in 1999 from Weil Gotshal & Manges, is currently co-chair of the firm’s bankruptcy and restructuring practice group and a member of the firm’s executive committee. He previously served as the firm’s US managing partner, succeeding technology partner Laurie Hane in that role in January 2005.
“I’m grateful to the chair selection committee, the board of directors, and my partners for the confidence they’ve exhibited in me,” said Nashelsky. “I’m incredibly fortunate to assume my new role at a time when Morrison & Foerster is strong in all respects, thanks to the exemplary leadership and extraordinary contributions of Keith Wetmore, our executive leadership team, and many others.”