Eversheds overhauls sector focus as firm revamps management line-up
Eversheds has revamped its sector line-up with the introduction of four new key industry groups, as the firm continues to shake up its structure in response to major changes in the markets in which it operates. The overhaul, which comes after chief executive Bryan Hughes last summer set out the firm's new three-year strategy, has seen the creation of four new sectors – propcos; public sector; consumer; and diversified industrials – and has involved several management changes. City corporate partner Robin Johnson will lead the diversified industrial group, which has been formed by the combination of the former industrial engineering; aerospace, defence and security; chemicals; and automotive sectors. The group covers a list of major clients including BAE Systems, Rolls-Royce, Tyco and Volvo.
May 30, 2013 at 07:03 PM
3 minute read
Firm shakes up sector line-up and management in response to major market changes
Eversheds has revamped its sector line-up with the introduction of four new key industry groups, as the firm continues to shake up its structure in response to major changes in the markets in which it operates.
The overhaul, which comes after chief executive Bryan Hughes last summer set out the firm's new three-year strategy, has seen the creation of four new sectors – propcos; public sector; consumer; and diversified industrials – and has involved several management changes.
City corporate partner Robin Johnson will lead the diversified industrial group, which has been formed by the combination of the former industrial engineering; aerospace, defence and security; chemicals; and automotive sectors. The group covers a list of major clients including BAE Systems, Rolls-Royce, Tyco and Volvo.
Meanwhile, Birmingham food and drink partner Parmjit Singh will lead the new consumer sector, which brings together the food and drink; retail and leisure; and consumer goods sectors, with clients including Marks & Spencer, Selfridges and Next.
Propcos, which covers property investment, development and trade, will be headed by Birmingham real estate partner Gurjit Atwal, and has key clients including Land Securities, SEGRO and Taylor Wimpey. The public sector group will be led by London regeneration partner Stephen Manson.
The four new sectors join the firm's existing core sectors of health and life sciences; energy and natural resources; education; financial institutions; transport and TMT.
Managerial changes include David Watkins taking over as real estate head from Julie Stobart, who has succeeded Peter Halpin as client services director. The promotion means Stobart now sits on the firm's executive board and has primary responsibility for the delivery of client strategy.
Elsewhere, Paul Worth has taken the reins of the financial institutions sector from Pamela Thompson and Jonathan Guest. Worth was previously head of the financial services disputes team, a role which will be split on an international and UK basis between Matthew Allen and Anthony Davies respectively.
Other changes include Francois Barker taking over from London senior partner Anthony Arter as pensions head, while James Batham has succeeded Antony Gold as head of retail following Gold's recent departure. Real estate litigation head Paul Moorcroft will now head up the firm Edinburgh office, succeeding Colin McKay, while Helen Thomas has become the new sector head of transport.
The shake-up comes in the wake of a major restructuring that has seen Eversheds cut 116 jobs since January, with Hughes describing the firm's structure as "unsustainable" in the wake of "fundamental" changes in the market when announcing the cuts.
Hughes commented: "As a business, we continue to grow and evolve and these changes reflect both our sharpened market focus and the development of a new cadre of leaders."
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View AllLeigh Day Cleared of Wrongdoing in £55M Shell Settlement with Nigeria
2 minute readLondon Trial Against BHP for Role in Brazil Mining Disaster Begins
Trending Stories
Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250