Debevoise's White to Lead Firm's Newly Branded 'Crisis Teams'
Familiar with crises involving President Donald Trump, former U.S. Securities and Exchange Commission chair Mary Jo White is being tapped by Debevoise & Plimpton to be the first person to ring when a Tweet or viral video causes corporate chaos.
April 27, 2017 at 06:03 PM
4 minute read
When Mary Jo White was the leader of the U.S. Securities and Exchange Commission less than a year ago, her phone calls had the power to start a corporate crisis. Now White is being branded as the first person for a CEO to ring when chaos strikes.
Debevoise & Plimpton, the firm White returned to in February after her nearly four-year term as SEC chair ended, announced Thursday a new “Strategic Crisis Response and Solutions Group” led by White. The group is comprised of six “crisis teams” with partners across the globe that can respond to financial and securities problems, corporate investigations and cybersecurity incidents, among other issues.
While the crisis team was formed in the wake of one of the more significant corporate crises in recent times—the passenger removal fiasco at United Airlines Inc.—White said it was not developed as a response to any particular public issue. Rather, it is meant to be an easy way for clients to find the expertise that Debevoise has to offer in an environment where White said crises happen more frequently and can balloon at a faster pace.
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