May 28 (Reuters) - Michael Holston, the former general
counsel at General Electric ( GE ), will join U.S. law firm Paul,
Weiss, Rifkind, Wharton & Garrison as a partner, the firm said
on Tuesday.
General Electric ( GE ) had disclosed in a March regulatory filing
that Holston, who served as its top lawyer since 2018, would
depart amid the company's completion of its breakup into three
separate energy, healthcare and aerospace companies in early
April.
Prior to GE, Holston was general counsel at Merck and
Hewlett-Packard. He also worked as a federal prosecutor and as a
partner at other law firms.
Holston said that while he has known some Paul Weiss lawyers
for years, he got to know the firm better through Paul Weiss'
work advising GE on the spinoff.
GE completed its breakup last month, marking the end of the
132-year-old conglomerate that was once the most valuable U.S.
corporation and a global symbol of American business power.
Holston led the legal separation of the GE businesses, the
company said in its March U.S. Securities and Exchange
Commission filing.
It listed his total 2023 compensation at over $8.2
million, including base salary, annual bonus and stock-related
awards.
Holston said he will be based in New York and Washington,
D.C., when he starts at Paul Weiss in October. He said he
anticipates working on "complicated and messy matters that have
multiple prongs," such as big transactions, crisis litigation
and government investigations.
Paul Weiss, a top New York-founded law firm, has been on a
hiring spree of high-profile partners in New York, London and
elsewhere.