Jeff Schmidt, director of the Federal Trade Commissions Bureau of Competition, will be leaving the commission Aug. 22 to join Linklaters law firm as a partner in their New York office.
David Wales, the bureaus deputy director will be succeeding Schmidt as its acting director, FTC Chairman William Kovacic announced.
Schmidt had been the FTCs director of the Bureau of Competition for the past 2½ years.
Schmidt joined the commission in February 2005 as deputy director of the Bureau of Competition. As director, he supervised the bureaus merger and nonmerger enforcement divisions, was instrumental in developing antitrust policy, secured important changes in the bureaus infrastructure and merger review processes, and managed bureau resources, according to the FTC. In the merger area, Schmidt directed enforcement efforts against several proposed transactions, including the Inova-Prince William Hospital case. He also helped lead the FTC in gaining favorable enforcement results in cases involving Boston Scientific Corp. and Guidant Corp.; and Fresenius and Renal Care Group.
Wales joined the FTC from Cadwalader, Wickersham & Taft, where he was a partner in the firms antitrust group. -- by Jennifer Lubell