Another good hire - General Counsel
Note that he has solid experience as a federal prosecutor. That will come in handy, in protecting the company from the Koz slime.
(PR) Tyco Appoints William B. Lytton Executive Vice President And General Counsel
9/12/02 9:05am
Former SVP and General Counsel at International Paper Brings to Tyco Wide
Range of Corporate and Government Experience
PEMBROKE, Bermuda, Sept. 12 /PRNewswire-FirstCall/ -- Tyco International Ltd. (NYSE: TYC; BSX: TYC; LSE: TYI) today announced that William B. Lytton has been appointed Executive Vice President and General Counsel for the company. Mr. Lytton has a wide range of experience as a corporate counsel at major industrial companies and most recently served as Senior Vice President and General Counsel for International Paper Company. Mr. Lytton is also a former federal prosecutor who served eight and a half years in Chicago and Philadelphia.
Tyco's Chairman and Chief Executive Officer, Edward D. Breen, said, "To fulfill its potential as a great company, Tyco must have the best possible management team. In choosing a General Counsel for Tyco, I wanted a person with outstanding credentials as a corporate counsel and an impeccable reputation for personal integrity. Bill clearly fulfills both criteria. He is a man who can be trusted to make the right decisions on the challenges and opportunities facing the company, and he will play a vital role in helping us to establish and maintain the best practices of corporate governance. I'm very pleased that he is now part of the team we are building for the future."
Mr. Lytton said, "I'm very excited to be joining Ed Breen and his new team at this critical juncture in Tyco's history. I share Ed's commitment to establishing the highest standards of corporate governance and integrity at Tyco. This is a company with many strengths and opportunities. I look forward to working with the people throughout the organization to help Tyco realize its full potential."
Mr. Lytton succeeds Irving Gutin, who had been asked to assume the role of General Counsel in June on a temporary basis. Mr. Gutin is retiring after more than 28 years of service to Tyco.
Mr. Lytton has served as Senior Vice President and General Counsel for International Paper, the world's largest forest-products company, since 1999. Mr. Lytton began his tenure with the company in 1996, as vice president and general counsel.
Previously, Mr. Lytton held general counsel positions at operating divisions of Lockheed Martin and Martin Marietta, as well as at GE Aerospace. He has worked throughout federal government, including an assignment as deputy special counselor to President Ronald Reagan in 1987.
Mr. Lytton received his undergraduate degree from Georgetown University in 1970 and a law degree from American University in 1973. He is chair of the American Corporate Counsel Association's board of directors and a member of the Washington, DC, and Pennsylvania Bars. |
