JPMorgan hires WilmerHale ace as new GC

JPMorgan Chase & Co has hired WilmerHale’s highly-rated co-chair of securities Stephen Cutler as worldwide general counsel.

Cutler, 45, joined the Washington DC office of WilmerHale in 2005. He was previously director of the US Securities and Exchange Commission’s enforcement division from 1999.

Cutler will become executive vice president, general counsel and head of the company’s worldwide legal and compliance activities.

Cutler succeeds Joan Guggenheimer, who died earlier this year. He will take up his post in February.

JPMorgan chief executive officer Jamie Dimon said in a statement: “[Cutler is] a strong leader, noted for his integrity, distinguished service in the public and private sectors, and outstanding reputation in the legal and regulatory communities.”