Apple loses top corporate lawyer as M&A expansion team falls into place
Apple’s intention to develop a more-focused team to handle mergers and acquisitions (as revealed last night ) has seen a casualty – the company’s top corporate lawyer, Charles Charnas, has quit the company. Charnas was hired away from HP in April 2008 to lead Apple’s corporate department. The first hire by the company’s then new and now departed senior counsel, Daniel Cooperman, Charnas oversaw Apple’s recent acquisitions, including the recent Lala.com takeover. Charnas was described as “known as one of the high-profile heavy-hitter corporate lawyers in Silicon Valley,” at the time Apple hired him, according to Anna Marie Armstrong, a legal recruiter for Mlegal. “He was also in charge of Apple’s new preferred provider program, which whittled down the number of law firms the company uses,” reports Law.com . “More than that, Charnas was part of an effort by Cooperman to rebuild the corporate side of Apple’s department, which had been rocked by the stock option backdating scandal, which led to SEC civil charges against former Apple GC Nancy Heinen,” the report observes. Apple’s legal department seems somewhat unsettled.
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Apple loses top corporate lawyer as M&A expansion team falls into place