Cleary Gottlieb Steen & Hamilton has elected Michael Gerstenzang as its new managing partner, with the private funds partner set to take up the post on 1 January 2017.
In his new leadership role, Gerstenzang replaces Mark Leddy, who was named Cleary’s managing partner back in late 2010. Leddy, a Washington DC antitrust partner, will remain with the firm. He maintained his practice throughout his two terms as managing partner and will continue to help lead Cleary’s global antitrust practice.
Gerstenzang likened his new role to that of a “listener in chief”, whose job it is to speak with partners across the firm’s 16 offices to hear their concerns and “constantly reinforce the institutional glue and culture”.
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