STANLEY KOMAROFF ELECTED AS CHAIRMAN OF PROSKAUER ROSE GOETZ & MENDELSOHN
STANLEY KOMAROFF ELECTED AS CHAIRMAN
OF PROSKAUER ROSE GOETZ & MENDELSOHN
NEW YORK, Nov. 1 /PRNewswire/ -- Stanley Komaroff has been elected by the partnership of the 400-lawyer international law firm Proskauer Rose Goetz & Mendelsohn to serve as its new chairman, effective today. He succeeds Edward Silver, known as one of the country's leading labor lawyers, who represents the City of New York as its special labor counsel, as well as several of the largest companies in the nation.
Komaroff, whose practice is concentrated in mergers and acquisitions, is co-chairman of the firm's corporate department and has been a partner at Proskauer for over 20 years. He has built a substantial domestic and foreign corporate practice, including long- standing representation of a number of leading French companies. Under Komaroff's direction, Proskauer was the lead legal counsel handling a global transaction for Total, an international oil company which just completed a worldwide public offering including a more than $200 million U.S. public offering of American Depositary Shares, and a listing on the NYSE.
As chairman, Komaroff will preside over the Proskauer firm, as well as its six-member executive committee (of which he is a member). He will function as the firm's chief executive officer playing a key role in formulating and executing firm policy, and will continue to be active in the day-to-day practice of law.
In the past ten years, the number of attorneys at Proskauer has more than doubled to its current size of approximately 400. During the same period, gross revenues multiplied fivefold. Also in this period, the firm opened new offices in San Francisco, New Jersey and Paris, and expanded its offices in Florida, Los Angeles and Washington, D.C.
Komaroff stated, "I am honored to have been selected by my partners to try to continue the inspired and visionary leadership provided by Ed Silver. Whatever success I am able to achieve will be in large part the result of the talent and efforts of the partners, associates and staff at Proskauer, a group of people second to none in our profession."
Silver stated, "Through my ten years as chairman, I have been most fortunate to head the Proskauer firm through a period of dramatic growth and diversification. Our firm has welcomed many extraordinary attorneys, opened new offices in the U.S. and abroad, and moved into our new Manhattan headquarters. As I leave my role in firm management, to return full-time to my first love, being a lawyer, I am pleased that Stanley Komaroff will lead Proskauer toward the next century."
A graduate of Cornell University and Cornell Law School, Komaroff was editor-in-chief of the Cornell Law Review, and now serves as national chairman of the Cornell Law School Annual Fund. He is a member of the New York State Hospital Review and Planning Council, a 31-member board appointed by the governor that passes on hospital construction, expansion and programmatic changes. He is also a trustee and member of the executive committee of Beth Israel Medical Center.
Komaroff, who is 56-years-old, resides in Scarsdale, N.Y., with his wife and two grown sons both of whom now attend law school.
/CONTACT: Andrew Plesser or Marcia Horowitz of Howard J. Rubenstein Associates, 212-489-6900, for Proskauer Rose Goetz & Mendelsohn/ CO: Proskauer Rose Goetz & Mendelsohn ST: New York IN: SU: PER KD-JT -- NY034 -- 0188 11/01/91 11:43 EST