Walkers chairman to retire after one year in role

Grant Stein, the chairman of offshore firm Walkers, has announced his retirement, just six months after taking up the role.

Stein was elected as Walkers’ chairman in May (9 May 2011). He replaced Wayne Panton, who retired in July.

Elections for a new chairman will be held in the first half of 2012.

Global managing partner Diarmad Murray thanked Stein for “his enormous contribution” to Walkers’ success.

Before becoming chairman Stein was Walkers’ first-ever global managing partner, holding the job from 2006 until this year. He joined the firm’s management team in 1999, becoming senior partner on the retirement of firm founder Bill Walker.

Stein led Walkers through an overhaul of its management structure in 2009, reorganising the firm into five practice-led divisions.

Other partners on the current management team include Murray, Ian Ashman, managing partner for practices, Jonathan Tonge, managing partner for regions and Mark Lewis, managing partner for clients.