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Loeb & Loeb said Friday that John Frankenheimer will be stepping down as the firm’s co-chair, effective Feb. 1, after 13 years in the post. Co-Chair Michael Beck will become the firm’s sole chair.
Frankenheimer will serve as Loeb & Loeb’s chair emeritus, while focusing on his music and entertainment practice. He will also continue in his role as chair of Loeb & Loeb’s music industry practice group.
“It has been my privilege to serve as Co-Chair of Loeb & Loeb through an incredible period of growth and accomplishment for the firm,” commented Frankenheimer. “I am confident our success will continue under the expert direction of my friend and colleague Michael Beck and the other members of firm management.”
Frankenheimer, together with Jerry Levine, were elected Co-Chairs in 1998 as part of the firm’s adoption of a corporate-style governance structure.
Beck succeeded Levine in 2003.
During his tenure, Frankenheimer instituted strategic policies that fostered steady growth across a mix of practices and put the firm in a position to improve its profitability through two recessions.
Loeb & Loeb has seen revenue and profits rise steadily under his leadership, while expanding strategically in key client markets and practice areas. The firm has enjoyed 11 consecutive years of record profits. Measures of the firm’s performance during Frankenheimer’s tenure include:
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“John is the architect and inspiration behind our strategy of focusing on excellence in our core practices and core industries,” said Beck. “Through a streamlined corporate management style and focused strategy, we have been incredibly successful. The firm will continue to focus on its strengths and I look forward to continuing the tradition of excellence we have built together.”
Loeb & Loeb has more than 300 attorneys with offices in Los Angeles, New York, Chicago, Nashville and Washington D.C. The firm also has a representative office in Beijing.
