LAWFUEL – The Law News Network – On March 20, Cravath partner John W. White will join the Securities and Exchange Commission as its next Director of the Division of Corporation Finance. John joined Cravath in 1975 and has been a partner since 1980, focusing primarily on securities and corporate governance matters.
In his new role, John will initially focus on the Commission’s consideration of proposed rules to improve disclosure of executive compensation, to rationalize the rules by which foreign companies may exit U.S. markets and to enhance the corporate proxy process for shareholders through the Internet.
As one of the premier law firms in the world, Cravath’s corporate lawyers handle major transactions, such as domestic and cross border mergers and acquisitions, U.S. and international securities offerings, and commercial lending, for the world’s leading business and financial institutions. Mr. White has been one of approximately 20 corporate partners responsible for Cravath’s U.S. and international securities practice. During the past two years, the Firm has completed more than $300 billion of securities offerings for its clients, including approximately $100 billion in financings by non-U.S. issuers. In 2005, Cravath was ranked number one as underwriters’ counsel for IPOs by Thomson Financial.