As Pfizer CEO and former general counsel Jeffrey Kindler steps aside after four years, other lawyers-turned-CEOs are moving up. Last week alone saw two new attorneys join the ranks of the corporate elite in Merck & Co.’s Kenneth Frazier and IAC/InterActive’s Gregory Blatt. Like Kindler, both previously served as general counsel of their respective companies.
As noted by The Wall Street Journal‘s Law Blog, the two join a group that includes Home Depot’s Frank Blake, Citigroup’s Richard Parsons (the former managing partner of New York’s Patterson Belknap Webb & Tyler), and Michael Cherkasky of Altegrity, which bought the risk consulting firm founded by lawyer and former CEO Jules Kroll earlier this year.
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