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Michael Klausner
Nancy and Charles Munger Professor of Business
and Professor of Law
Stanford Law School
Michael Klausner is the Nancy and Charles
Munger Professor of Business and Professor
of Law at Stanford Law School, where he
teaches and writes on corporate law and
corporate governance. His writing includes
theoretical and empirical articles on takeover
defenses and other aspects of corporate
governance. He is currently engaged in a
study of outside director liability in the
U.S. and abroad (with Bernard Black of Stanford
and Brian Cheffins of Cambridge University).
Professor Klausner graduated in 1981 from
Yale University with a J.D. and an M.A.
in economics, and clerked for Judge David
Bazelon and Justice William Brennan. He
was in private practice in Washington D.C.
and Hong Kong from 1985 to 1989 and then
served as a White House Fellow in the Office
of Policy Development at the White House.
Professor Klausner was on the faculty of
New York University School of Law from 1990
until 1997, when he joined the Stanford
Law School faculty.
Dan Siciliano
Executive Director
Program in Law, Economics, and Business,
Stanford Law School
Dan Siciliano is the Executive Director
of the Program in Law, Economics, and Business
at Stanford Law School. Mr. Siciliano teaches
Corporate Finance, Corporate Governance
and Practice, and is the senior Teaching
Fellow for the international LL.M. degree
program in Corporate Governance & Practice
at Stanford Law School. He also serves on
the Academic Council of Corporate Board
Member magazine as an expert on these topics.
He received his BA from the University of
Arizona and completed both his graduate
fellowship in Economics and his JD at Stanford
University.
Prior to his position at the law school,
he served as the Chief Executive Officer
of LawLogix Group, Inc. ˇV an Arizona based
technology company, practiced immigration
law with the law firm Bacon and Dear, PLC
ˇV exclusively servicing Fortune 500 companies,
and served as an executive compensation
consultant to the venture capital industry.
Mr. Siciliano, a Truman Scholar, has worked
with both public and private organizations
including Stanfordˇ¦s Hoover Institute and
the Congressional Budget Office in Washington,
D.C. As President of the Hestia Corporation,
a California based strategy and management
consulting firm, he led a successful team
of consultants specialized in executive
compensation analysis and high-growth small
businesses. Mr. Siciliano currently lives
with his wife and two children in Palo Alto,
California.
Simon M. Lorne
Vice Chairman and Chief Legal Officer, Millennium
Partners, L.
Simon M. Lorne is the Vice Chairman and
Chief Legal Officer, Millennium Partners,
L.P., a multi-strategy New York-based hedge
fund, with primary responsibility for the
development, enhancement and oversight of
the internal control environment as well
as preparation for and attention to the
evolving regulatory environment for hedge
funds.
Prior to joining Millennium, he was at Munger,
Tolles & Olson LLP, Los Angeles, from
1970 to 1993 and again from 1999 to 2004,
serving as partner from 1972. Mr. Lorneˇ¦s
practice focused on corporate transactions
(mergers & acquisitions, corporate finance,
etc.) and corporate governance issues, particularly
special committee and audit committee reviews
and examinations.
From 1993 to 1996 he was general counsel
for the United States Securities & Exchange
Commission (SEC). The general counsel is
the SECˇ¦s principal legal officer. The office
advises the Chairman and Commissioners on
all aspects of the Commissionˇ¦s activities,
including adoption of corporate finance,
mutual fund, securities exchange and broker-dealer
rules and regulations; prosecution of enforcement
cases; relations with the Congress; etc.
Between 1993 and 1996 Mr. Lorne was managing
director, Salomon Brothers and Salomon Smith
Barney, New York (now Citigroup Global Markets,
Inc.) and held a series of positions within
the Salomon entities, beginning with Salomon
Brothers, then with Travelers Group after
its acquisition of Salomon, then with Citigroup
after the Travelers-Citicorp merger to form
what is now Citigroup. Activities included
serving as head of global internal audit
(with reporting to the Audit Committee of
the Board); member of the Investment Banking
screening committee; and organization of
the global Citigroup compliance function.
Mr. Lorne received a J.D. (magna cum laude)
from the University of Michigan Law School
at Ann Arbor and an A.B. (cum laude) from
Occidental College, Los Angeles, California.
He is the author of one multi-volume treatise
(ACQUISITIONS AND MERGERS: NEGOTIATED AND
CONTESTED TRANSACTIONS in the West Securities
Law Series), one handbook for corporate
directors (A DIRECTORˇ¦S HANDBOOK OF CASES,
published by CCH Incorporated) and a number
of articles in the popular and legal press.
He is also a frequent speaker and lecturer,
and has taught at the University of Pennsylvania
and University of Southern California law
schools. Since 1999 he has been co-director
of Stanford Law Schoolˇ¦s Directorsˇ¦ College,
the nations premiere program for the education
of corporate directors.
Ronald J. Gilson
Meyers Professor of Law and Business at
Stanford Law School
Stern Professor of Law and Business at Columbia
Law School
Ronald J. Gilson is the Meyers Professor of
Law and Business at Stanford Law School and
the Stern Professor of Law and Business at
Columbia Law School. Professor Gilson is a
fellow of the American Academy of Arts and
Sciences and of the European Corporate Governance
Institute, and was a Reporter of the American
Law Institute Corporate Governance Project.
Prior to joining the Stanford faculty, he
was a partner in a San Francisco law firm.
Professor Gilson's research has centered on
corporate governance, corporate acquisitions
and venture capital. He is the co-author of
The Law and Finance of Corporate Acquisitions
and Cases and Materials on Corporations, as
well as over 60 articles in law and economics
journals. Professor Gilson is an independent
director of the American Century family of
mutual funds.
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