CHICAGO, Dec. 20, 2016 /PRNewswire/ -- Citadel today announced the retirement of Chief Legal Officer Adam C. Cooper effective the end of February 2017. Senior Deputy General Counsel Shawn Fagan has been named General Counsel of its hedge fund business.
Cooper was Citadel's first Chief Legal Officer and has played a pivotal role in realizing the firm's ambitions as a global financial institution over the past 18 years.
"Adam has made many valuable contributions in helping build Citadel into one of the world's leading financial institutions. I am grateful to Adam for his leadership on so many fronts and wish him the best over the years to come," said Ken Griffin.
"I am grateful to Ken and the entire Citadel team for the opportunity to help build this incredible business," said Adam Cooper. "Day in and day out for nearly two decades, I have been privileged to work with incredibly bright and passionate colleagues. There is no doubt that Citadel will continue to lead and transform the industry."
Shawn Fagan, who joined the firm as Deputy General Counsel in 2005, has been named General Counsel of Citadel's hedge fund business effective immediately. Prior to joining Citadel, Fagan served as a Partner at Bartlit Beck Herman Palenchar & Scott, and previously served as a clerk for Chief Justice William Rehnquist of the U.S. Supreme Court and Judge Douglas H. Ginsburg of the U.S. Court of Appeals for the District of Columbia. Shawn graduated magna cum laude from Harvard Law School in 1994 and was a recipient of the Sears Prize.
"Shawn is an outstanding legal mind and a proven leader. He has played a critical role in helping the firm address a wide range of legal issues, from handling corporate matters to working with our regulators. I am excited to work with him in this expanded role," said Griffin.
Citadel is a global investment firm built around world-class talent, sound risk management and powerful and innovative technology. For over a quarter of a century, Citadel has served top-tier investors around the world, including sovereign wealth funds, public institutions, corporate pensions, endowments, and foundations. Citadel's team of more than 750 investment professionals deploys capital across all major asset classes and in all major financial markets, from offices around the world including Chicago, New York, London, San Francisco, Hong Kong, Boston, Dallas, Denver, Greenwich, Houston, Toronto, Shenzhen, and Shanghai.
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