International law firm Slaughter and May has elected Paul Stacey as executive partner and re-elected David Wittmann as practice partner. Both will serve five-year terms, effective 1 May 2017.
Wittmann has worked at the firm for 28 years and was made partner in 1997. He advises corporate and private equity clients on acquisitions, disposals, investments, joint ventures and flotations.
Stacey will succeed dispute resolution partner Richard Clark. who is retiring in April 2017 when his four-year term as executive partner ends.
Stacey joined the firm as a trainee solicitor 35 years ago and has served as partner for 16 years. He advises on financing and projects in the power sector, both in the UK and internationally. He was head of the firm’s finance practice, and a partnership board member from 2011 to 2014.
He will be responsible for the firm’s overall management strategy including people, finance, technology and compliance. He will work closely with Wittman and senior partner Steve Cooke.
Slaughter and May has 112 partners and more than 1,183 employees in offices located in London, Brussels, Hong Kong and Beijing. The firm has an established corporate and private equity practice, counting Palamon Capital Partners, SVG Capital and First Reserve among its recent clients.