Sir Anthony, one of the most respected corporate lawyers in the UK, has recently been appointed chairman of Bloomsbury, the publishers behind the best selling series of Harry Potter books.
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After facing his greatest challenge involving preparing a thorough review of the UK banking group, Barclays, Sir Anthony Salz will be looking forward to a much calmer and more intellectually challenging interlude in his career when he takes up his post as chairman of Bloomsbury Publishers, one of Britain’s longest running and most successful publishing groups.
Alongside his post at Bloomsbury, Sir Anthony will be continuing to act as executive vice chairman of City merchant bankers Rothschild, where he has been active as a board member since 2006.
Salz caused something of a sensation in the city when he entered the world of corporate finance, after more than three decades practicing corporate law with Freshfields, Bruckhaus, Deringer, one of London’s most prestigious practices, where he served the last ten years as a senior partner. During his time at “ Freshfields” Sir Anthony Salz was involved in putting together some of the most high-profile deals in the history of the UK business world, including the mergers of Reed International with Elsevier of the Netherlands and pharmaceutical giants SmithKline and Beecham.
Salz will be succeeding Jeremy Wilson in his new role at Bloomsbury, who is relinquishing the role as chairman after six years at the Financial Times Stock Exchange (FTSE) listed company, which has a current market cap of roughly $150 million (£103 million).
Salz comes to the publisher with a wealth of commercial experience, as well as specific experience in the media industry including a short spell as vice chairman of the British Broadcasting Corporation (BBC)’s board of governors.
Anthony Salz’s highest profile position in the UK business scene was undoubtedly being chosen to lead the team commissioned by the British Government to prepare an independent review of Barclays’ business practices as well as a report on how the long established bank could go about rebuilding public trust in the wake of the” Libor” rate-rigging scandal that erupted in July last year. The scandal exposed the banks’ questionable standards and business practices that had been become standard practice.
During the process of their investigation, Salz and his team conducted more than 600 interviews with the bank’s customers, staff and senior management as well as current and past members of the Barclays Board. When Salz’s was released in April of this year, it shockingly laid out details of a culture that they investigate teams had discovered had developed particularly in the investment banking unit Barclays Capital at the bank where “ some staff members were so arrogant and aggressive that they almost saw themselves being above the law.”
Anthony Salz was born and raised the picturesque setting of Tavistock, Devon. Salz went to study at the less fashionable Exeter University graduating with a degree in Law. After graduation Anthony began his career in the legal profession at the long established London law firm of Kenneth Brown Baker Baker, where he was to remain for just two years, before joining Freshfields Bruckhaus Deringer. Anthony Salz quickly climbed the ladder at Freshfields, going on to become senior partner in 1996.
Salz was knighted in Her Majesty the Queen’s 2013 Birthday Honours List for his services to young people and public life