TSL Express Daily News
The Secured Lender
SFNet's The 81st Annual Convention Issue
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Top 5 Apps for Organizing
Mar 7, 2019If you’re like most of us, we try to stay organized in business and life, but it gets increasingly complicated…
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The Importance of Stretching
Mar 7, 2019Every personal trainer and athletic coach I have ever worked with has stressed the importance of stretching. When working out…
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SFNet's 40 Under 40 Award Winners Panel Recap
Mar 6, 2019Moderator: Samantha Alexander, regional underwriting manager, Wells Fargo Capital Finance’s Corporate Asset Based Lending group and 2016 CFA 40 Under…
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SFNet's Inaugural YoPro Leadership Summit
Mar 6, 2019The Secured Finance Network brought together the next generation of commercial finance leaders for a full day of learning and…
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It’s a Marathon, Not a Sprint
Aug 22, 2018I was recently invited to participate in an executive panel to answer questions from a credit training class comprised of...
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It’s Not Too Late – Five Member Benefits to Cash In On Now
Aug 1, 2018As we hit the half way mark on calendar year 2018, it is a good time to take stock and…
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It’s Time To Break Up With Your Phone
Jul 18, 2018Do I have your attention? Let’s be honest here: do you have the attention span to read this article? Compared…
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Lien Management – What You Need to Know
Jun 6, 2018UCC filing is the cornerstone of all loans and every lien portfolio...
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Potential Impacts of Blockchain on Commercial Lending
Jan 15, 2018By Raja Sengupta, Executive Vice President and General Manager, Wolters Kluwer’s Lien Solutions When it comes to the rising importance…
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How to be a Good Leader
Dec 5, 2017I know what you’re thinking…another article about how to be a good leader? The short answer is yes…but this time,…
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Fintech and Due Diligence – Disruptors and Established Firms Evolve
Oct 30, 2017The fintech sector has gone through a number of manifestations in the past two decades.
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A Commercial Banker’s Tickler Transition Plan
Oct 18, 2017Just do a keyword search for “bank tickler,” and you’ll quickly realize that banks are still heavily reliant on manual…
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Understanding and Developing Your Personal Brand: Four Steps to a More Intentional Career Progression
Sep 5, 2017It is imperative for individuals to have a general idea about their future career aspirations, just as companies should have clearly defined strategies.
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Selecting a Technology Vendor: 3 Questions to Ask
Jul 5, 2017As with anything else at your bank, selecting a technology vendor can be a challenging decision. Users from across different…
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Why Back-Office Lending Automation Enhances Customer Satisfaction
Apr 25, 2017Every bank strives to keep its customers happy. Of course, some institutions are better at achieving this goal than…
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The Lost Art of the Loan Purchase
Mar 2, 2017Purchasing a loan directly from a bank whether at par or discount is a not-often-used technique that is easily…
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Audit Prep: Why a Paperless Approach Makes Sense
Feb 15, 2017How much time does your financial institution spend preparing for audits? We recently surveyed 187 community banks, and the results…
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Back Office Support Services: Helping you approve more clients
Feb 7, 2017How many times have you come across a potential client who’s financials are either not up to date, not accurate,…
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“All Assets” is the Key When Drafting UCC-1 Financing Statement Collateral Descriptions
Jan 30, 2017Even when prepared by outside or in-house counsel, many lenders pay close attention to draft UCC financing statements before they…
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Paper Loan Files: Does Your Bank Know the True Cost?
Jan 12, 2017Sure, there’s a tangible cost associated with deploying an electronic loan imaging system. Software, support, and scanning hardware are just…
April 19, 2021
Source: Katten
Katten announced today that Kimberly Smith has been named the firm’s new global chair of its Corporate department effective immediately. Smith will lead more than 125 attorneys housed in the department and succeeds Mark R. Grossmann, who served as global chair of the group for more than a decade.
“Kim has vast experience, and her industry-leading skills are widely known across a range of industries,” said Katten Chairman Roger P. Furey. “Her leadership and experience will enhance our already formidable Corporate group, which Mark’s longtime leadership contributed to building.”
Smith, who also serves as the co-chair of Katten’s Mergers & Acquisitions and Private Equity practice with Christopher S. Atkinson, has extensive experience leading complex transactions, including leveraged buyouts and other mergers and acquisitions and investment transactions. She advises Private Equity clients in a wide range of industries, including distribution and manufacturing, health care, business services, consumer, technology and financial services.
“It has been my honor to carry out the many responsibilities in the role of global chair, but it is time for me to hand over the leadership reins, and Kim is the perfect choice,” said Grossmann. “I have known Kim since she began her legal career at Katten, and I am confident in her abilities to lead our department as we continue to grow and meet our fullest potential. I look forward to supporting her along the way.”
Smith first joined Katten in 1998 and was promoted to partner in 2006. She rejoined the firm in 2015 after five years at another global law firm to serve as the co-head of the nationwide Private Equity practice.
Smith, who also sits on Katten’s Board of Directors, was recently named a Top 25 Most Influential Women in Mid-Market M&A by Mergers & Acquisitions, which recognized her leadership and innovation in the dealmaking community and her advocacy for equity, diversity and inclusion. She has been recognized as a Mergers & Acquisitions and Antitrust Trailblazer by the National Law Journal, and is consistently included in the Crain’s Chicago Business annual list of Chicago’s Notable Women Lawyers and named to the Legal 500 United States guide. Smith also is a member of the corporate board of directors of the Boys & Girls Clubs of Chicago and founding member of the organization’s guild board, which drives fundraising.
“As a member of the board and practice leader, I take seriously this new role in representing the firm’s Corporate partners and their clients and want to thank Mark for his leadership and dedication,” Smith said. “Our Corporate group has the highest skilled attorneys working on some of the most strategic and complex transactions in the industry, and I look forward to helping the firm continue to capitalize on our momentum.”
During Grossmann’s tenure as global chair, he oversaw hundreds of transactions in the United States and around the world. He recently led the legal team that advised on the historic transaction that made Curaleaf the biggest cannabis company in the world. In addition to growing his practice, Grossmann will serve as Head of Business Transactions for the firm where he will spearhead the development of client relationships, enhance client service and carry on with first chairing transactions for our clients. He will also continue to pursue numerous civic and charitable endeavors both personally and on behalf of Katten.
Katten is a full-service law firm with nearly 650 attorneys in locations across the United States and in London and Shanghai. Clients seeking sophisticated, high-value legal services turn to Katten for counsel locally, nationally and internationally. The firm’s core areas of practice include corporate, financial markets and funds, insolvency and restructuring, intellectual property, litigation, real estate, structured finance and securitization, transactional tax planning, private credit and private wealth. Katten represents public and private companies in numerous industries, as well as a number of government and nonprofit organizations and individuals. For more information, visit katten.com.
Kate Shenk
Communications and Public Relations Senior Manager
Katten
Katten Muchin Rosenman LLP
525 W. Monroe Street | Chicago, IL 60661-3693
direct +1.312.577.8415
kate.shenk@katten.com | katten.com

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