Linklaters' Charlie Jacobs joins FTSE 100 company Fresnillo as non-exec
Linklaters senior corporate partner Charlie Jacobs has joined FTSE 100 mining company Fresnillo as an independent non-executive director.
April 14, 2014 at 08:43 AM
3 minute read
Linklaters senior corporate partner Charlie Jacobs has joined FTSE 100 mining company Fresnillo as an independent non-executive director.
In a rare move for a full-time private practice lawyer, Jacobs (pictured) will join the company following its annual general meeting in May, replacing current senior independent non-executive Lord Cairns.
He will remain a full-time partner at Linklaters.
Fresnillo said Jacobs will also replace Cairns as chairman of the company's remuneration committee. Cairns held both roles for six years.
The time commitment of the non-exec role at Fresnillo is relatively light, with the dual Mexico and London-headquartered firm holding just four scheduled board meetings a year.
However, Jacobs – formerly Linklaters' lead partner for Fresnillo – will no longer act as a legal adviser to the company.
London corporate partner Iain Wagstaff, who worked with Jacobs on Fresnillo's London listing in 2008, will continue to lead the magic circle firm's relationship with the company.
In a statement, Fresnillo called Jacobs "one of the UK's lead corporate lawyers", and singled out his "extensive experience and knowledge in the mining sector" alongside his experience of advising companies on boardroom matters, corporate governance and other legal and regulatory requirements.
Jacobs told Legal Week: "I have spent a lot of my career advising boards, so when I was approached I thought it would be a valuable opportunity to get some experience from the other side, ie as a board member, and my legal background will hopefully be useful to the board I am joining."
"Typically, lawyers have not been as welcome on UK plc boards as they have been in the North American market, and it has probably been a disappointment to our profession that there have not been more lawyers, whether practising or retired, sitting as directors on major corporates."
He added: "I wouldn't be surprised if over the next five years we do not see more commercial lawyers appearing on the boards of FTSE companies."
Fresnillo chairman Alberto Bailleres said: "I should like to take this opportunity to thank Lord Cairns for his significant contribution to the board over the past six years.
"As much as I will miss the advice and support of the departing directors, I am pleased to have three new high calibre independent non-executive directors joining the company's board, namely Ms Barbara Garza Laguera, Mr Jaime Serra Puche and Mr Charles Jacobs."
For more, see All aboard – lawyers are still facing an uphill struggle to gain board positions.
- Related briefing: Back office to boardroom -lawyers as strategic advisors?
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 AllPogust Goodhead Set to Axe Roles as Accounts Remain Overdue
DLA Piper Takes Greenberg Traurig’s Corporate Partner for Seoul
Cuatrecasas Elevates Seven to Partner in Spain and Latin America
McCarthy Tétrault Welcomes Former CPP Investments Leader to Its Business Law Group
2 minute readTrending Stories
- 1Judicial Ethics Opinion 24-68
- 2Friday Newspaper
- 3Judge Denies Sean Combs Third Bail Bid, Citing Community Safety
- 4Republican FTC Commissioner: 'The Time for Rulemaking by the Biden-Harris FTC Is Over'
- 5NY Appellate Panel Cites Student's Disciplinary History While Sending Negligence Claim Against School District to Trial
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