Foley Adds Former Sunoco General Counsel Stacy Fox in Detroit

20 February 2013 Media Contact: Dan Farrell News

Foley announced today that Stacy Fox has joined the firm’s Automotive and Energy Industry Teams and the Transactional & Securities Practice as of counsel in the Detroit office. Fox is also a co-founder and principal of the Roxbury Group, a Detroit-based real estate development company.

Prior to joining Foley, Fox was senior vice president of strategy and general counsel of Sunoco, Inc, where she oversaw several corporate functions, including strategy, risk management, legal and compliance. In conjunction with the chief financial officer, she was responsible for the company’s restructuring, which included the initial public offering and spin-off of SunCoke Energy Inc., divestiture, idling and joint venturing of refining assets, sale of its manufacturing facilities and financial restructuring of its legacy liabilities. Additionally, Fox handled Sunoco’s sale to a Dallas-based energy company in October 2012. She was also a member of the board of directors of Sunoco Partners LLC.

Prior to Sunoco, Fox served as general counsel and senior vice president of corporate transactions and legal affairs for Visteon Corporation, a leading global automotive supplier. She was instrumental in the company’s spin-off from Ford Motor Company which, at the time, resulted in Visteon ranking as a Fortune 100 company. She also held various senior positions in her 11-year tenure at Johnson Controls, an international automotive interior supplier, where she led negotiations and closings of international acquisitions, divestitures and joint ventures.

“With more than 30 years of experience as a corporate and restructuring attorney and executive advisor to CEOs and boards of directors, Stacy brings a wealth of legal and management experience in both the automotive and energy industries,” said Michael Blau, chair of the firm’s Industry Teams. “She will be a tremendous asset for not only our clients navigating complex corporate governance challenges, but also our talented team of transactional and securities attorneys.”

Fox also served as executive vice president, chief administrative officer and general counsel at Collins & Aikman Corporation (C&A), where she helped develop the company’s Chapter 11 reorganization strategy. During these proceedings, she led C&A’s negotiations with financial advisors to complete the wind-down of the enterprise and its legal entities. At the time of its Chapter 11 filing, C&A represented the largest bankruptcy filing in the U.S. As a result of her efforts, Fox was also able to protect the charitable stipend from the $4 billion enterprise, which was donated to 2-1-1 On the Go!, an organization that helps to alleviate homelessness in downtown Detroit.

“Having served as top legal officer for several major public companies, Stacy will be an outstanding resource for our clients, particularly in automotive and energy-related matters throughout the Midwest and nationally,” said Daljit Doogal, managing partner of Foley’s Detroit office. “She is a welcome addition to our strong team and we look forward to her contributions.”

With approximately 900 attorneys in 21 offices, Foley & Lardner LLP provides award-winning business and legal insight to clients across the country and around the world. Our team-based approach, innovative technology, and focus on value and client service are continually recognized by our clients and the legal industry. Foley has been named one of the elite BTI Client Service 30 for nine of the past 10 years in a survey* of Fortune 1000 corporate counsel. In addition, Foley received 20 national first-tier rankings on the 2013 U.S. News – Best Lawyers® “Best Law Firms” list and was named to the 2012 InformationWeek 500 list for technological innovation that enhances business value.

*The BTI Consulting Group (Wellesley, MA)

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