Stamas is named partner at law firm

Kirkland & Ellis hires him as lawyer in Washington office

January 08, 2002|By Gus G. Sentementes | Gus G. Sentementes,SUN STAFF

George P. Stamas, a top corporate attorney and investment banker who resigned late last year as vice chairman of Deutsche Banc Alex. Brown, has joined the Washington office of the law firm Kirkland & Ellis as a senior partner.

At Kirkland & Ellis, Stamas, 50, will work in the firm's corporate practice group.

The firm, which began in Chicago, has 850 lawyers worldwide, with four offices in the United States. Some of its biggest clients are Brown & Williamson Tobacco Corp., General Motors Corp., Motorola Inc., Dow Corning Corp. and AOL Time Warner Inc.

"Kirkland is delighted that George picked us when he was being pursued by so many other law firms and other opportunities," said Thomas D. Yannucci, the Kirkland & Ellis partner who heads the Washington office.

Stamas served nearly two years at Alex. Brown, heading the company's investment banking in the mid-Atlantic region.

Just before leaving, Stamas helped put together America Online Inc.'s minority investment in Aether Systems Inc. of Owings Mills.

During his tenure, Stamas dealt with clients such as Reuters Group PLC, AOL and Commerce One Inc.

After resigning from Alex. Brown, he became a senior adviser at New Enterprise Associates, a Baltimore venture capital firm. He continues to sit on the advisory board of DB Capital Partners Inc., the private equity arm of Deutsche Bank AG.

Alex Mason, chief operating officer of global corporate finance for Alex. Brown, said through a spokeswoman: "We wish him all the best in his future endeavors."

Before joining Alex. Brown, Stamas was a prominent corporate lawyer in the firm of Wilmer, Cutler and Pickering, and before that with Piper, Marbury, Rudnick & Wolfe.

Stamas could not be reached immediately for comment, but he said in a statement that the firm's private and public equity clients were a natural attraction for him.

"The firm's premier reputation representing businesses and investors, as well as its diverse, global capabilities, fit perfectly with the kinds of clients and work I have handled throughout my career," Stamas said, "as well as with my role as a venture partner of New Enterprise Associates."

Stamas' roots in the mid-Atlantic region run deep, from business to sports.

He is a founding director of two public companies - Aether Systems, a wireless technology company, and FTI Consulting, an Annapolis litigation consulting company.

He helped Peter G. Angelos buy the Baltimore Orioles in 1993 and is a director and minority investor with the team.

Stamas is also a director and partner in Lincoln Holdings, which owns the National Hockey League's Washington Capitals and a stake in the National Basketball Association's Washington Wizards.

Stamas earned a bachelor of science in economics from the Wharton School of the University of Pennsylvania in 1973, and a law degree from the University of Maryland School of Law in 1976.

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