Joseph Shenker Featured in Articles Announcing His Role as S&C ChairmanFebruary 18, 2010
Sullivan & Cromwell Chairman Joseph Shenker was featured in several articles which reported on his new role as chairman of the firm, effective January 1, 2010. The New York Times recognized Mr. Shenker's “sterling reputation,” highlighting his career in the M&A, real estate and securitization practice areas. Some of Mr. Shenker's goals as chairman, including a focus on the firm's growth trajectory and training programs for associates, were noted in an article published on Bloomberg.com. “We try to train people to be generalists and to be nimble in their transactions and their deals,” he said. “We are very attuned to shifts in the financial markets and we move with them.” In the New York Law Journal, Rodge Cohen, who assumed the role of senior chairman, commented, “Joe's proven to be an outstanding leader,” referring to the fact that Mr. Shenker had been named vice chairman in February 2006 and this transition was part of S&C's succession plan. The American Lawyer stated that Mr. Shenker became the youngest partner in S&C history at the age of 29 and was an early 1980s pioneer in real estate securitization, working for Goldman Sachs on the financing of its headquarters in 1983 and the securitization and sale of Rockefeller Center.