Hogan Lovells chief executive Steve Immelt and deputy chief executive David Hudd will continue their roles into June 2020, the firm has confirmed.
Hogan Lovells agreed to extend the terms of both members of management by two years each. Immelt and Hudd took up their posts in July 2014 from outgoing joint CEOs Warren Gorrell and David Harris, who stood down December 2013 when the firm abolished its dual-headed management structure.
Gorrell and Harris became joint leaders of Hogan Lovells after the firm’s merger on 1 May 2010.
Immelt was the former US co-head of litigation while Hudd was global head of finance. On handing over the new position Gorrell returned to practice and Harris chose to retire.
Immelt said: “My role over the past three years has concentrated on making sure we achieved the benefits that were promised by the combination we carried out in 2010. That work continues but with a shift of emphasis. Over the next three years my goal is to ensure that we are fit for the future and the best we can be as a modern, client-centric, world-class firm which demonstrates leadership and innovation in a challenging and competitive market.”
Hogan Lovells chair Nicholas Cheffings added: “This was not a difficult decision. Our clients face challenging regulatory, political, and business change and rely on our experience more than ever.
“The board and partnership felt that Steve, with the support of David, would continue to provide the strength and consistency of leadership needed to help us deliver a world-class business through a confident strategy.”