Udow General Counsel of RELX Group (Reed Elsevier)
Total Page:16
File Type:pdf, Size:1020Kb
WORLD RECOGNITION of DISTINGUISHED GENERAL COUNSEL GUEST OF HONOR: Henry Udow General Counsel of RELX Group (Reed Elsevier) Copyright © 2016 Directors Roundtable WORLD RECOGNITION of DISTINGUISHED GENERAL COUNSEL THE SPEAKERS Henry “Hank” Udow Lodewijk Hijmans Chief Legal Officer & van den Bergh Company Secretary, RELX Group Partner, De Brauw Blackstone Westbroek Julian Long Erik Belenky Creighton Condon Managing Partner (London), Partner, Senior Partner, Freshfields Bruckhaus Deringer LLP Jones Day Shearman & Sterling LLP (The biographies of the speakers are presented at the end of this transcript. Further information about the Directors Roundtable can be found at our website, www.directorsroundtable.com.) TO THE READER General Counsel are more important than ever in history. Boards of Directors look increasingly to them to enhance financial and business strategy, compliance, and integrity of corporate operations. In recognition of our distinguished Guest of Honor’s personal accomplishments and of his company’s leadership as a corporate citizen, we are honoring Henry Udow, General Counsel of RELX Group, with the leading global honor for General Counsel. RELX Group (formerly Reed Elsevier) is a global provider of information and analytics for professional and business customers across industries. Its activities include scientific publications and LexisNexis. His address focuses on key issues facing the General Counsel of an international corporation. The panelists’ additional topics include governance; media; and diverse corporate transactions, including mergers and acquisitions. The Directors Roundtable is a civic group which organizes the preeminent worldwide programming for Directors and their advisors, including General Counsel. Jack Friedman Directors Roundtable Chairman & Moderator Spring 2016 2 Copyright © 2016 Directors Roundtable WORLD RECOGNITION of DISTINGUISHED GENERAL COUNSEL Mr. Henry Adam Udow, also known as At Cadbury, he served as General Counsel Hank, has been the Chief Legal Offi cer and and Secretary, from September 1991 to Janu- Company Secretary of Reed Elsevier Plc (now ary 1994, Assistant Secretary from September RELX PLC) and Reed Elsevier Group Plc 1990 to September 1991, Division Counsel (now RELX Group plc) since March 2011. from September 1987 to September 1991 and Vice President from September 1990 to Mr. Udow has acquired substantial experience January 1994. managing global legal and M&A depart- ments at Cadbury Limited (formerly, Cadbury He started his legal career as a Securities and Schweppes Public Ltd. Co.). He served as M&A Lawyer at Shearman & Sterling in the Chief Legal Offi cer of Cadbury Limited New York and London. Henry “Hank” Udow (formerly Cadbury plc) from July 1, 2005 to Chief Legal Offi cer 2010 and served as its Group Secretary from Mr. Udow served as a Director of Dr Pepper/ & Company Secretary September 28, 2007 to 2010. He worked Seven Up, Inc. since March 2, 1995 and 23 years with Cadbury. He served as Group Relx (Investments) PLC since 2011. M&A Director of Cadbury since 2000 head- ing up all merger and acquisition activity. In 2009, the National Law Journal named him as one of the 20 most infl uential general Mr. Udow served as Vice President, Secretary counsels in America. and General Counsel of DP/SU Acquisition Inc. He joined Cadbury in 1987 as Legal He holds a Juris Doctor degree from the Counsel for the U.S. beverages business and University of Michigan Law School and a bach- served as its Senior Vice President, Legal elor’s degree from the University of Rochester. Director and General Counsel of Global Beverages Business since 1994. RELX Group Through its Elsevier scientifi c, technical and It provides comprehensive data and analytics medical information business, it provides sci- to the insurance industry, which allows them to entists, researchers and health professionals more accurately price policies. It provides fi nan- world-class content, analytics, and decision cial institutions with risk management, identity With over $10 billion in revenues and a tools that enable them to make critical deci- management, fraud detection and prevention, market capitalization of about £37 billion, sions, enhance productivity, and improve credit risk decisioning and compliance solu- RELX Group is a world-leading provider of outcomes. It owns ScienceDirect, the world’s tions, including Know Your Customer and information and analytics for professional largest electronic database of peer-reviewed pri- Anti-Money laundering products. It also pro- and business customers across industries. mary scientifi c and medical research, as well vides data and analytics to U.S. federal, state, as publishing fl agship scientifi c and medical and local law enforcement and government RELX helps scientists make new discover- journals such as The Lancet and Cell. agencies to help solve criminal and intelligence ies, lawyers win cases, doctors save lives, and cases and to identity fraud, waste and abuse in insurance companies offer customers lower Through its LexisNexis business it is a leading government programs. prices. It helps save taxpayers and consum- global provider of information and analytical ers money by preventing fraud, assists law tools to the legal profession. It is well-known Reed Exhibitions is the world’s largest exhi- enforcement and government agencies with for its Lexis.com and LexisAdvance electronic bitions business. It hosts over 500 events a data and analytics, and helps executives forge legal research databases. Other offerings year around the world, including the real commercial relationships with their clients. include Shephard’s Citation Service, Matthew estate industry’s leading event, Mipim; The Bender, Halsbury’s, Tolleys, Butterworths, London Book Fair; World Travel Market; RELX operates in four major market seg- JurisClasseur and Law360. Paris Photo; and New York Comic Con. ments: Scientifi c, Technical & Medical under the Elsevier brand, Risk & Business Analytics Its Risk & Business Analytics business is a lead- The Group is headquartered in London, under the LexisNexis Risk Solutions and Reed ing provider of solutions that combine public serves customers in more than 180 coun- Business Information brands; Legal under the and industry-specifi c information with analyt- tries, and has offi ces in about 40 countries. LexisNexis brand; and Exhibitions under ics and decision tools to assist customers in It employs approximately 30,000 people, of the Reed Exhibitions brand. more accurately evaluating and predicting risk. whom half are in North America. Spring 2016 3 Copyright © 2016 Directors Roundtable WORLD RECOGNITION of DISTINGUISHED GENERAL COUNSEL JACK FRIEDMAN: It is a pleasure to welcome everybody this morning. I am Jack Friedman, Chairman of the Directors Roundtable. We are privileged to present the world’s leading honor for General Counsel to Henry “Hank” Udow of the RELX Group this morning and thank him very much for giving his time and sharing his wisdom. We are a civic group whose mission is to organize the finest programming for Boards of Directors and their advisors globally, which includes in-house lawyers and law firms. We have never charged anyone to attend more than 800 events over 25 years. Directors have told us that corporations are rarely credited for the good they do. They encouraged us to create an opportunity for executives and General Counsel to speak about the activities of their corporations and law departments. The format for this morning will start Here is the text of the letter: While Hank leads by example, he also has with Hank’s presentation, followed by the shown a great interest in helping students Distinguished Panelists each introducing a On behalf of all of us at the University of pursue career paths that are very different special topic for discussion. Finally, there Michigan Law School, I extend heartiest con- from his. He has been very supportive of will be a Roundtable with all the Speakers gratulations to Hank Udow on receiving the the Law School’s mission to train lawyers to and interaction with the audience. After World Recognition of Distinguished General serve the public good, and he has stressed this event, the transcript will be made into Counsel from the Directors Roundtable. the importance of helping young lawyers a full-color document which will be made find careers about which they are truly pas- In his current role with RELX Group, Hank is available electronically to about 150,000 sionate — whether it be in a publicly traded leaders globally, including three-quarters of managing incredibly complex problems in a company or a public defender’s office. all the in-house counsel in the world. time of unprecedented change. His success in doing so is, of course, impressive. But what Hank exemplifies the high standards to which Our Distinguished Panelists today are also is admirable about Hank is the manner the University of Michigan Law School holds Lodewijk van den Bergh, with De Brauw in which he does it. Hank demonstrates its graduates. He is incredibly talented, well- regarded, and committed to giving back to Blackstone Westbroek in Amsterdam; sincere passion for his work, and he exudes his community. He is the embodiment of a Julian Long, the Managing Partner for calm confidence despite the enormous lawyer who does things the right way. London of Freshfields Bruckhaus Deringer; pressures that he faces. At the same time, Erik Belenky, of Jones Day in Atlanta; and despite his busy schedule, he has been a Congratulations,