Baker McKenzie has appointed Kate Stonestreet to become its new global chief operating officer, the firm announced on Monday.
Stonestreet has been global director of operations overseeing the firm’s operations in Manila, Belfast, Buenos Aires and Tampa since 2017. Since joining the firm in 1995, she has had stints as regional operating officer for Europe, the Middle East and Africa, and as COO for Hong Kong, mainland China and Vietnam.
Stonestreet replaces Jason Marty, the firm’s global COO since 2017, who is heading to Bryan Cave Leighton Paisner in March to serve in the same role. In her new position, beginning on February 1, Stonestreet will remain based in London and report to the firm’s global chair Milton Cheng. She is also a member of the firm’s global race and ethnicity task force launched in July last year.
“Throughout her career with the [f]irm Kate has been an inspiring leader and a highly effective professional,” Cheng said in a statement. “Having known her for more than 20 years I can say with assurance that I know she represents the very best of Baker McKenzie.”
The firm is in a strong position despite the impact of the pandemic, Stonestreet said in a statement. “This is an exciting time, and we face both opportunities and challenges as we emerge from the crisis,” she said.
The firm reported $2.92 billion in gross revenue for the last financial year, unchanged from the previous year. According to the recent Global 200, Baker McKenzie is the fourth biggest firm in the world by revenue.
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